“Talent is the new currency of economic development,” according to Darin M. Buelow of Deloitte Consulting LLP.

It is what enables our organizations to expand their footprint, and to service more customers. In doing so, economic growth strategies must merge industry and talent centric policies together in creative and innovated ways, to effectively engage, encourage and equip talent for short and long-term industry gains.  

There were days as graduate students at SDSU when Ryan Burton and Valerie Bares were learning something in class and applying it that same day in the workplace.

They were two of more than a dozen participants in a unique fellowship program offered by Capital Services, a leading payment portfolio management and service company that originates, services, and manages card assets on behalf of client banks.

Burton and Bares, who earned undergraduate and graduate degrees in the SDSU department of mathematics and statistics, were selected as Capital Services fellows and have gone on to build in-demand careers with what they learned.

Think of the newly opened Madison Cyber Labs at Dakota State University as a big magnet.

“It’s going to attract people to come to work, new faculty who will be able to conduct research with federal agencies they can’t do on other campuses,” DSU president José-Marie Griffiths said. “And we think it will attract partnerships. We know it’s already attracting partnerships.”

The 38,000-square-foot building that opened in recent weeks already is fulfilling much of its promise.

As students move in, collaboration already is starting, those using the building said.

That was the idea when Griffiths proposed the concept to her campus and to the South Dakota Board of Regents just a few short years ago.

“We couldn’t have one lab per faculty member pursuing their individual research agendas. They had to be broader and involve others across campus and potentially involve external partners,” she said.

“The intent is not just research for the sake of research. It’s researching real problems, developing real solutions, but at the same time creating jobs for people who engage in that R&D and spin off companies that take that R&D and put it out into the real world.”

Shanna Hennies’ first foray into health care came at age 5, when her grandfather had a stroke. Her mother was a nurse in her hometown of Philip, S.D., so Hennies saw the need for care firsthand.

Tiffany Solum made a big move at age 20 – from Pennsylvania, after graduating from nursing school at Penn State University and working as an emergency room trauma nurse at an urban hospital.

Tell us about yourself, including where you are from, why Dakota State University was the right fit for you, and what led you to pursue the major you selected at DSU.

My name is Matt Paulson. I grew up in Mitchell and was exposed to technology at an early age. My parents bought us a family computer when I was in 4^th grade, and we were one of the first families to have cable internet in our community around 1997. I took all the technology classes available at Mitchell Middle School and Mitchell Senior High School. I helped build the first website for Mitchell Middle School, and I even built a little website about the video game SimCity 2000 that was generating $25.00 per month in advertising income while I was in middle school.

When it came time to pick out a university to attend, I knew I wanted to pursue a technology degree. Dakota State University was a natural fit. It had a strong reputation for its computer science and information systems programs even then and was much more affordable than other out-of-state options I had been considering. It was also an hour away from my hometown, which made selecting Dakota State an easy decision.

It wasn’t immediately clear to me what type of technology career I wanted to pursue, but Dakota State created many opportunities to try different aspects of technology so that students could figure out if they wanted to be a network security specialist, a programmer, a business IT manager or something else. I was able to get an internship doing IT and programming work with the South Dakota Unified Judicial System because of Dakota State. Professors Josh Pauli, Wayne Pauli and Tom Halverson were also able to help line me up with some website development and programming work through a business they were running called Logic Lizard at the time. These experiences helped me identify that web programming was the specialty I wanted to pursue, and I continue to use those formative skills at MarketBeat today.