Florida’s First Coast Manufacturing Innovation Partnership (MIP), sponsored by the National Science Foundation (NSF), promotes collaboration between academia and local industry members by providing a shared resource center. The local industry provides the university with research opportunities for its undergraduate students in areas of mechanical engineering design, manufacturing, and analysis and the university provides the local industry with technical resources. This paper outlines how this collaborative effort is structured, what types of projects are undertaken, and what the benefits are to academia, industry, and society in general. In particular, the paper describes three computer aided engineering (CAE) projects, addresses how these industry-academia projects help achieve the goals of the MIP program, and how these projects help improve the CAE skills of the future workforce.