Insights into the MIST Cluster and its Impact on the Gulf Region
Explore the MIST Cluster, a regional group in the Northern Gulf of Mexico focused on the marine industry. Learn about its history, activities, challenges, and interactions with small businesses, universities, and federal agencies in the area.
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Presentation Transcript
#SBAHQ-14-C-0012 Business & Innovation Assistance Center
What is the MIST Cluster? Regional group of organizations in the Northern Gulf of Mexico involved in the portion of the economy derived from our water resource Large Companies Small Businesses Universities and other Educational Organizations Non-profits Federal Agencies That are: Directly involved in marine S&T Indirectly support the sector Induced based on direct and indirect activity Business & Innovation Assistance Center
MIST History Long identified as an existing cluster and industry sector of importance Conversation started at Oceans In Action (Annual MTS Gulf Coast Section event) in 2000 Economic Forum hosted by University of Southern Mississippi in April 2014 serves as catalyst for increased attention to sector Small Business Administration (SBA) Regional Innovation Clusters (RIC) contract awarded 2015 Business & Innovation Assistance Center
MIST Activities to Date Direct and Linking support to local small businesses More discussions with new and expanding companies A better understanding of the role the Blue Economy plays in Mississippi and the Northern Gulf region and need for more conversation Engaging federal partners Engaging large company stakeholders Business & Innovation Assistance Center
MIST Challenges Four-state area geographic challenge Competitive nature of business connecting firms that are in same competitive space We got everyone talking now we need some action! Business & Innovation Assistance Center
