CIP Bond to help cement CETES
- by Anna Politano: Managing Editor

Cameron University and the City of Lawton have united in order to support the Center for Emerging Technology and Entrepreneurial Studies (CETES).

The old Physical Science Building on campus is now being remodeled to host CETES, which will uphold new technologies and economic growth in Southwest Oklahoma by providing a fostering atmosphere for small companies to grow and develop. The project began last spring and is currently in full swing.

Lawton voters recently approved a release of $1.5 million in bonds to invest in the second construction phase of CETES. The question to endow funds to CETES came on Proposition 3 of the City of Lawton’s 2005 Capital Improvement Program (CIP). The majority of voters approved the proposition, with an approval rating of 58.4 percent.

Phase I, funded by private donations, is underway, with completion expected by spring of 2005. The first floor of the building will house the Cameron Multimedia Design Department, and the second floor will consist of office spaces designated to accommodate 12 small companies. CETES Director Dr. Peter Abramo believes the relationship between multimedia students and the companies will be beneficial for both sides.

“We are anticipating that many businesses will need the students,” Abramo said. “The students will assist the companies in various tasks and projects. On the other hand, the students will benefit from getting internships and experience.”

With Phase II, the local community should expect an expansion to CETES with a business networking center, a data disaster recovery system and a back-up emergency operations center. Plans to start Phase II begin in 2005.

Cameron President Cindy Ross is enthusiastic and pleased with the support the City of Lawton is providing to CETES.

“We are thrilled that Lawton voters understand and appreciate the importance of economic development and their willingness to invest in Cameron University to secure a brighter future. CETES is critical to the future of Southwest Oklahoma and specifically to Lawton,” Ross said.

One of the goals in forming CETES is to respond to the need of fostering businesses in Oklahoma and counteract the departure of several college graduates to other states by providing a nurturing environment in the economic system and encouraging Oklahoma residents to remain in the state.

“We are committed to providing students a quality education and ensuring the availability of jobs that will keep them in this area to work, live and raise a family. Cameron welcomes this new partnership with local citizens and commits to leading economic and workforce development in Southwest Oklahoma,” Ross said.

As a business incubator to small companies, CETES will provide businesses with networking opportunities, resources, technology and various services, thereby allowing start-up companies to grow and develop by selling their products and expanding to the point of standing on their own. An estimate of one to two years is the period that a company will be housed at CETES.

In addition to providing a nurturing business environment, CETES will be an educational setting, providing students with the opportunity to acquire a degree in entrepreneurial studies. Master’s, baccalaureate and short courses will be available.