Neumont eyes slice of R.I. market

‘No one…seeks additional competition. They view us as competition.’

Edward H. Levine has been CEO and president of South Jordan, Utah-based Neumont University LLC since 2007. More

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Focus: TECHNOLOGY

Neumont eyes slice of R.I. market

‘No one…seeks additional competition. They view us as competition.’

COURTESY NEUMONT UNIVERSITY
“NO ONE … seeks additional competition. They view us as competition,” said Edward H. Levine, CEO and president of Neumont University.
Posted 2/6/12

Edward H. Levine has been CEO and president of South Jordan, Utah-based Neumont University LLC since 2007.

Levine, who splits his time between Utah and Rhode Island, is trying to rally support to establish a Neumont campus in Providence. The school hopes to have 80 students at its New England campus by October 2013. It will offer a bachelor’s degree in computer science at first, and possibly add more later.

Despite opposition from some in the local education community, nine prominent technology and government leaders – including R.I. Economic Development Corporation Executive Director Keith W. Stokes and the founder of EpiVax Inc., Dr. Anne S. De Groot – have written letters supporting Neumont’s bid.

PBN: How many teachers will there be locally and what is the average salary for a Neumont teacher?

LEVINE: We consider [salary] to be a competitive advantage and that’s proprietary information. Think of it this way – our teachers are current from-the-industry, computer-science specialists and great teachers, so they’re very well-compensated.

PBN: How does the market between Providence and Utah differ?

LEVINE: The markets in Providence and Utah are substantially the same but differentiated by population density and geography. … Our recruiting market [in New England] would be a lot [denser] and therefore our campus would be bigger.

PBN: Looking at the map, you could go to any other New England state with fewer tax and regulatory burdens than Rhode Island.

LEVINE: Rhode Island’s tax situation is not a competitive advantage for Rhode Island, particularly for entrepreneurs. … Rhode Island’s just our current first choice.

PBN: What’s your second choice?

LEVINE: Massachusetts.

PBN: Have you been surprised by the opposition some of the local education leaders have shown?

LEVINE: No. I anticipated opposition. No one, no matter how healthy their business is – and the other educators in Rhode Island are healthy businesses – seeks additional competition. They view us as competition.

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