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Lutgert College of Business

Regional Economic Development Office


The Lutgert College of Business Regional Economic Development Office (REDO) was established to provide regional leadership in support of the economic development activities and enhance the well-being of the region that makes up the FGCU Service area. The REDO does this by working with

  • regional boards;
  • Chambers of Commerce;
  • fellow educational institutions;
  • county economic development boards;
  • State and national agencies; and
  • individual companies

with the goals of: attracting new businesses to the region; retaining existing skilled employees; and providing the linkage between the region's business community and the University.

Led by Dr. Richard Pegnetter, the REDO consists of four separate, but closely meshed, elements. These include:

  • The Regional Economic Research Institute, headed by Dr. Gary Jackson
  • The Economic Development Office, headed by Dr. David Kakkuri
  • The Small Business Development Center, headed by Dan Regelski
  • The Institute For Entrepreneurship, headed by Dr. Sandra Kauanui

The organization of REDO is shown schematically below.


REDO Organization Chart 

The Regional Economic Research Institute (RERI) was developed to perform economic research, analysis, and forecasting for both the region and the individual economic development organizations in this area. The structure of the RERI includes partnership with the Southwest Florida Regional Planning Council and the area economic development organizations. For more information, visit the RERI Website.

Dr. David Kakkuri, the Director of the Economic Development Office, is a seasoned executive who, in addition to his responsibilities as Director, also teaches Management courses. See Dr. Kakkuri's Biography.

The Small Business Development Center (SBDC) at Florida Gulf Coast University is a dynamic community-based resource which helps small businesses in the region start up and grow. This is accomplished through counseling, training and technical assistance in all aspects of small business management. To Learn more, visit the SBDC Website.

The mission of the Institute For Entrepreneurship (IFE) is to foster entrepreneurial spirit and enhance entrepreneurial success. We accomplish this by linking FGCU's academic program in Entrepreneurship to the surrounding community. For more information, visit the IFE website