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Part III: Growth Plan Through our research of today's rapidly-changing U.S. and global economies and our knowledge of how technology companies pick their locations, we have determined the most important features of a growth economy. Strategies and/or investment must be focused on the following five areas, which competitive firms in growing sectors demand: .:. Core Knowledge Infrastructure .:. Entrepreneurial Infrastructure .:. Telecommunication Infrastructure .:. Air Service .:. K-12 Science, Technology, Engineering & Math (STEM) Strategies Core Knowledge Infrastructure The most critical factor in becoming a national destination for growth sector companies and high-wage employment is developing a critical mass of core knowledge infrastructure in target technologies. (As mentioned in Part II, after much analysis and discussion, our planning groups identified three target technologies within which to specialize: embedded systems, vaccine development and biomedical device technologies.) Building this critical mass is the cornerstone of the Growth Plan. Positioning ourselves as a national destination requires committed investment in two areas: a community-research component and an academic component. Community-Research Comoonent: Centers for the Advancement of Emeraina Techn%av The community-research component is what separates our plan from that of other communities. Much like federal research labs that drive economies across the United States - Sandia National Laboratory in New Mexico and California, Argonne National Laboratory in Chicago, and Idaho National Laboratory, for instance - the Fargo Moorhead Growth Plan recommends building non-profit, community-owned local research structure specializing in the three target technologies. We anticipate investing sales tax money, in collaboration with funding from the private sector, in the form of corporate sponsorship, to build infrastructure for Centers for Advancement of Emerging Technology (CAET). This infrastructure may include: .:. buildings to house CAET .:. state-of-the-art equipment and facilities 10