University of Maryland, Baltimore County



University of Maryland, Baltimore County

UMBC enrolls 11,700 students (15% African American, 16% Asian American, and 3% Hispanic & Native American).

The Associate Director of Corporate Relations, Executive Director of the UMBC Research Park Corporation, and Interim Director of the Alex Brown Center for Science and Technology Entrepreneurship attended the June 30 grant conference. The Kauffman project will likely be housed at Brown Center. The Brown Center develops innovative educational programs and services to support the creation of entrepreneurism in the region. The center was established in 2000 with a million-dollar gift from the Alex Brown Foundation. The center houses techcenter@UMBC, a fully equipped R&D laboratory facility for high technology business development; bwtech@UMBC, a major research and technology park that focuses on attracting engineering, information technology, and life sciences firms; and the Idea Lab, which provides space, business advice and mentoring required to cultivate entrepreneurs. The Idea lab complements the recent implementation of the Entrepreneurship program offered at UMBC. The curriculum is supported by a $1 million endowment from the Alex Brown Foundation. UMBC has received both initial and subsequent support grants from the Kauffman Foundation to support the Entrepreneur Internship Program

University of Memphis

UM enrolls approximately 20,000 students (“60% White, 30% Black, 9% Other”). UM’s Director of Corporate and Foundation Grants and Director of Administration/Academic Affairs attended the grant conference. While it is unknown whether the Kauffman project would be housed at the Fogelman College of Business and Economics, information on the College is provided here. Centers/initiatives include:

• The Bureau of Business and Economic Research/Center for Manpower Studies of the Fogelman College of Business and Economics at The University of Memphis provides data and analyses of economic, demographic, and business trends in the Mid-South and conducts applied research on topics affecting the state, regional, and local economies. Areas of concentrated research include economic development, welfare reform, gaming, education, economic impact studies, labor market analyses, revenue forecasting, and survey research. Research results are available in printed and electronic formats.

• Memphis CIBER

Established in 1989, Memphis CIBER is the only CIBER located in the Lower Mississippi Delta region-an area encompassing most of Arkansas, Mississippi, and Louisiana and parts of Illinois, Kentucky, Missouri, and Tennessee. Characterized by serious limitations on human and economic resources and a provincial mindset wary of change, the Delta region contains some of the poorest counties in the United States

Since its inception, Memphis CIBER has systematically worked to develop a continuum of programs designed to globalize the thinking and activities of students, faculty, and business in the Lower Mississippi Delta while contributing to national competitiveness goals. Core programs are continually refined to respond to emerging needs and growth opportunities while maintaining their focus on the region's unique needs.

CIBER began its efforts focused on affecting institutional change at The University of Memphis. Results include the development and implementation of an International MBA Program that significantly advanced institutional collaboration, resources, and strategies for further internationalization efforts across academic disciplines.

• The Center for Economic Education

The Center for Economic Education at the University of Memphis promotes economic literacy through the public and private school systems and to the community at large. The CEE provides resources, training and support to K-12 educators to better equip teachers and students with functional economic and financial education. The CEE also provides opportunities for improved adult economic literacy through outreach programs. The CEE offers a variety of workshops and for-credit classes for teachers in the Memphis region.

• Center for Supply Chain Management

The FedEx Center for Cycle Time Research, a division of the Fogelman College of Business and Economics, was formed in 1993 as a strategic alliance between The University of Memphis and FedEx. The purpose of the Center is to conduct research concerning ways of reducing time in organizational processes -- that is, the amount of time it takes to complete a task -- in a way that reduces cost and/or increases customer service. Much of the Center's work focuses on finding new ways of using information technology and organizational change to speedthe flow of information, thereby reducing paperwork and needless activity.

The Center operates from a grant provided by Federal Express Corporation. Three-fourths of the money supports research projects requested by FedEx. These projects may address FedEx internal activities or those of key FedEx customers. The remaining funds are used by the University to enhance its information technology, academic and research programs.

Representatives from FedEx and the Center comprise a Steering Committee which meets regularly to review the progressof current studies, discuss proposed future studies, and address other Center-related activities.

• The Center for Healthcare Economics

In March 2003, Methodist Healthcare and Le Bonheur Systems, Inc. gave the University of Memphis a donation of $1,000,000 to establish The Center for Healthcare Economics in the Fogelman College of Business and Economics. The purpose of the Center is to address complex healthcare issues of efficiency, effectiveness and equity with a focus on emerging healthcare issues that affect Memphis, Shelby County, and the State of Tennessee.

The Center provides a physical and administrative structure to facilitate the study of health care and its economic impact. Through a variety of research, internship, instruction, and public services programs, the Center works closely with entities both internal and external to the University to accomplish its mission. In the near term, the key policy areas emphasized by the Center include, among other topics:

o Study of the impact and applicability of regional and state health economics trends

o Evaluation of government health care programs such as TennCare and development of strategies and methods for improving the efficiency and effectiveness of these programs

o Generation of scientific information concerning the costs and benefits of various wellness and health promotion programs for employers and their employees

o Assistance to stakeholders such as patients and employers in the promotion of cost effective dissemination of new health technologies and pharmaceutical products

A search for entrepreneurship information resulted in specific classes taught in the Department of Consumer Science and Education, including Entrepreneurship in Music courses.

University of New Mexico

(Information derived only from Internet sources based on a search of the UNM website for “Kauffman Foundation” and “Entrepreneurship”)

UNM enrolls approximately 25,000 students on Main Campus (53% White, 27% Hispanic, 6% Native American, 2% African-American).

A search for “entrepreneur, entrepreneurship, entrepreneurial,” etc. turned up no matches with the exception of a reference to faculty member John Young (see last paragraph of the UNM section). The best description of entrepreneur-related activity I found was in the UNM in the Community 2000 webpage:

The Small Business Institute

In cooperation with the Small Business Administration, this on-campus Institute provides direct consulting services to small businesses from across the state. Using student teams under the direct supervision of a Ph.D. faculty member, small businesses are offered confidential consultations on topics ranging from business and marketing plans to recommendations for preparing requests for funding from the SBA, banks and venture capitalists. Each year, hundreds of New Mexicans call on the SBI for a consultation or referral to develop their business.

The Management Development Center

In addition to providing an accessible Executive MBA program on campus that enables working executives and managers to reach their educational goals, the Management Development Center has developed an aggressive outreach program to meet the changing needs of the Central New Mexico business community. Nearly 400 students enrolled in the MDC’s non-credit certification programs in basic accounting, management, human resources management, global management and nonprofit management in 1998-99. The MDC also provides specialized training and management diagnostic services to a variety of corporate clients. In the past fiscal year, these services were provided to Excel Staffing, Sunsoft, New Mexico Community Development Loan Fund, New Mexico Community Foundation, Governor’s Career Conference, EMCORE, General Mills and the State Highway Transportation Department, among others.

American Indian Management Center

Partnerships with New Mexico tribes and Native American communities are the primary vehicles for carrying out the Center’s goals of providing meaningful curricula, specialized technical assistance and focused research in order to assist these communities in cultivating skills, knowledge and expertise in management, leadership, entrepreneurship and community building. Teaming with ASM, the partners assess needs and prioritize them based on their own planning processes. Then, jointly developed strategies are implemented to secure resources to address the priorities.

The Parish Library

With the State’s largest holdings of business and management resources, Parish Library is accessible to community members and more than 250 have chosen to have a library card permitting the borrowing of its resources. Nearly 2,200 people visit Parish to do business-related research each year. In addition, the advanced computerization of the Library makes it possible for any New Mexican with Internet access to gather current data, research, articles and information related to their business concerns.

The Anderson Schools Placement Center

Among the enrollees in this very comprehensive Center, nearly 600 are alumni (New Mexico residents) seeking a new professional opportunity in the State. More than 300 employers in New Mexico contact the office each year to post available jobs, get employment referrals and arrange for on-campus interviewing support. The Center also provides employer education fairs and career management skills workshops, and it participates in aggressive efforts to further the educational attainment of minority communities.

Academic Programs

Much of the academic curriculum is directly connected to community outreach efforts of the Schools, with the business community and the State of New Mexico providing the laboratory experience students need to develop their skills as future business leaders here. More than 300 businesses receive the direct support of student projects.

• Students in Tax Accounting I and II staff a volunteer income tax assistance program that prepares returns for the Association of Retarded Citizens, among others.

• Classes in Organizational Behavior and Diversity, New Venture Strategies and Travel and Tourism Management have all been problem-based with real businesses as their clients. In the most recent academic years, students have developed useful marketing plans for La Posada de Albuquerque, Sandoval County, the State’s ski industry, Indian Pueblos and local Chambers of Commerce. A nationally recognized entrepreneurship program places more than a dozen students in small, entrepreneurial businesses throughout Central New Mexico.

• Technical Entrepreneurship is a mentorship program helping engineers and others develop business plans, while new efforts in e-commerce will include developing a full research base of statewide opportunities and challenges facing the electronic business environment.

• The Department of Marketing, Information and Decision Sciences offers more than a dozen classes that integrate student groups with businesses needing marketing planning and support.

Anderson School Students

More than 800 students are participants in various student organizations that last year completed 30-hour volunteer commitments with the following area organizations: Zia Credit Union Scholarship Foundation, Quality New Mexico, YWCA, Women’s Housing Coalition, American Youth Soccer League, New Mexico Symphony Board, The Storehouse, LANL Dollars for Scholars and Big Brothers/Big Sisters.

Of note: John Young, ASM Professor of Entrepreneurship and Strategy and Special Advisor to the President on Economic Development, served as a Scholar-in-Residence at the Center for Entrepreneurial Leadership, E.M. Kauffman Foundation. ASM established the Rust Professorships in Ethics and Entrepreneurship. One previous grant from the Kauffman Foundation in 1994 was for $2,500.

University of North Carolina at Chapel Hill

UNC enrolls 26,000 students (76% White, 10% African American, 14% Other).

The Vice Chancellor for Economic Development, Associate Director for Life Sciences in the Office of Technology Development, and the Director of CFR for the Kenan-Flagler School of Business attended the proposal conference.

The Center for Entrepreneurship and Technology Venturing (CETV) at the Kenan-Flagler School of Business:

• Develops the knowledge of and spirit for entrepreneurship in its students

• Fosters significant academic research in the field of entrepreneurship

• Promotes entrepreneurship and economic development through outreach programs, both locally in the Research Triangle Park region and globally in emerging markets

As part of UNC Kenan-Flagler's top-tier MBA program, the Center for Entrepreneurship:

• Offers a concentration in Entrepreneurship that encompasses over fifteen elective courses in a variety of entrepreneurial topics

• Maintains close ties with the nearby Council for Entrepreneurial Development, the nation's largest entrepreneurial networking organization, creating numerous opportunities for students to gain first-hand knowledge in high-tech entrepreneurial ventures

• Hosts every spring the Venture Capital Investment Competition, the premier national event for MBA students interested in venture capital

The CETV hosts a speaker series in which entrepreneurs speak to campus faculty and students; five entrepreneurship student clubs; and Carolina Entrepreneurship Research services. The director of the research program, Howard Aldrich, received the International Award for Entrepreneurship and Small Business Research 200 for his significant contribution to understanding the development of new and small firms. The award is the most prestigious for entrepreneurship research and is regarded as just a step away from a Nobel Prize. UNC is also one of 13 universities nationwide that hosts a three-week Leadership Education and Development (LEAD) Summer Business Institute to attract minority high school students to careers in business. The UNC program is sponsored by GlaxoSmithKline, Duke Energy, Cisco Systems, Microsoft, BB&T, Aon, the Kauffman Foundation, BellSouth, and Johnson & Johnson.

The CETV is affiliated with several organizations of interest:

North Carolina Council for Entrepreneurship and Development (CED)

The CETV works closely with the Council for Entrepreneurial Development (CED), a non-profit organization founded in 1984 to stimulate the creation and growth of high-impact companies in the Research Triangle area. With more than 3,000 active members representing more than 1,000 companies, CED is the largest entrepreneurial support organization in the United States. CED provides an interactive forum for entrepreneurs, investors, service professionals, academics, researchers and public policy makers who combine their energies to create an environment in which entrepreneurship can flourish. Partnership activities between CETV and CED include:

• CED's numerous educational and networking programs are available for Kenan-Flagler students and faculty to attend.

• Kenan-Flagler sponsors and hosts the CED's InfoTech and Venture Conferences each year. CED helps recruit companies to participate in the VCIC.

• The CED Entrepreneurial Scholars Program matches students and entrepreneurial companies for summer internships.

• Custom Executive Education programs for entrepreneurs.

• Co-hosting the fall 2002 Springboard Southeast Venture Forum for Women Entrepreneurs

Kauffman Center for Entrepreneurial Leadership

Headquartered in Kansas City, Missouri, the Kauffman Center for Entrepreneurial Leadership (KCEL) is the world's largest financial supporter of entrepreneurship education. At UNC Kenan-Flagler, KCEL has supported research programs, internships and the Venture Capital Investment Competition. KCEL is a supporter of the Council for Entrepreneurial Development and manages a comprehensive web resource for entrepreneurs at .

Entrepreneur of the Year Program

Ernst and Young founded the Entrepreneur of the Year® program to recognize successful entrepreneurs. In conjunction with the Entrepreneur of the Year program, Ernst and Young founded the Entrepreneur of the Year Institute to celebrate the accomplishments of great business entrepreneurs around the world and to make the general public more aware of the beneficial effects that entrepreneurs have on our society. Membership is limited to Entrepreneur Of The Year® award recipients.

The Entrepreneur of the Year awards are given regionally. Winners of the regional awards compete for the national Entrepreneur of the Year awards. The CETV hosts the new inductees from the North and South Carolina region each year at the Master Panel of Entrepreneurs.

Frank Hawkins Kenan Institute of Private Enterprise

The CETV coordinates its initiatives with the entrepreneurial programs of the Frank Hawkins Kenan Institute of Private Enterprise (KIPE). The Kenan Institute was established in 1985 to promote synergy among leaders in business, academia and government for the purpose of strengthening the private enterprise system worldwide. Some Kenan Institute programs that CETV directly or indirectly supports include:

• MBA Enterprise Corps

• Urban Investment Strategies Center (UISC) and Urban Enterprise Corps (UEC)

• Center for Sustainable Enterprise

• Business Advisory Center in Bangkok, Thailand

UNC Office of Technology Development (OTD)

The UNC OTD manages inventions resulting from research conducted at UNC-Chapel Hill. UNC Kenan-Flagler works with OTD by providing student teams to write business plans and develop strategies for emerging businesses resulting from the commercialization of the technologies that pass the OTD's screening process. OTD is a partner in the Launching the Company course and the Launcher.

Small Business and Technology Development Center

The SBTDC provides management counseling and educational services to help North Carolina businesses meet challenges, manage change and plan for the future. The SBTDC's office in Chapel Hill places MBA students in internships and practicums with local businesses. It also hosts teams of MBA students who compete in the annual statewide SBTDC Graduate Business Student Competition. Through these initiatives, students provide a wide variety of business consulting services, applying what they learned in the classroom to identify and solve real business problems.

National Consortium of Entrepreneurial Centers

The National Consortium of Entrepreneurship Centers was established under the vision and leadership of the KCEL to continue collaboration among entrepreneurship centers. The Consortium is the vehicle by which entrepreneurship centers can work together to share information, develop special projects and assist each other in advancing and improving the impact of their centers by enhancing and fostering improvements in curriculum, research, outreach, projects and financial support for entrepreneurship.

National Venture Capital Association

As the trade association for the venture capital industry, the NVCA is a consistent supporter of the Venture Capital Investment Competition.

North Carolina Venture Capital Association

CETV hosts the annual meeting of the NCVCA, in conjunction with the Council for Entrepreneurial Development.

UNC Council for Entrepreneurial Law

Housed in the UNC Law School, the Council for Entrepreneurial Law seeks to provide educational opportunities and promote entrepreneurial careers for law school graduates.

UNC is ranked as one of the top 25 colleges and universities by Entrepreneur Magazine. The Kauffman Foundation has awarded UNC two grants in the last two years: a Kauffman Collegiate Entrepreneur Network grant, and an Entrepreneur Internship Program grant.

N.C. Universities Gain National Acclaim for Entrepreneurial Endeavors

NC Schools Receive Kauffman Grants and Top Honors by Entrepreneur

Magazine; CED's outreach efforts help bring entrepreneurship to NCCU

Research Triangle Park, NC - North Carolina's leading public and private universities are gaining national attention for their entrepreneurship programs. Through grant money and leading national rankings, North Carolina institutions of higher learning - Wake Forest University (WFU), Duke University, UNC-Chapel Hill (UNC-CH), North Carolina Central University (NCCU), and UNC-Charlotte (UNC-C) - are staking their claim as leaders of entrepreneurial training and education in the United States.

Kauffman grant award winner NCCU received a $50,000 commitment to enhance its new campus entrepreneurship program. Assisted in its proposal by CED's Community Outreach and Development Committee (CODC), the NCCU proposal described the institution's plans for new entrepreneurship education through an internship program, business plan competition and case study development. Entrepreneur Donovan Moxey, chairman of CED's Community Outreach and Development Committee, said he and the committee were very pleased with NCCU's Kauffman grant.

"Under Dr. H. James Williams' leadership, Central's business school is executing on its strong vision for the future, and we're pleased they've chosen to work with us on the entrepreneurship plank," Moxey said. "The Kauffman grant will go a long way in helping to prepare budding entrepreneurs for opportunities here in North Carolina."

In addition to NCCU's grant, four other universities from North Carolina recently received the 2003 Kauffman Collegiate Entrepreneurship Network grant from the Ewing Marion Kauffman Foundation. The five North Carolina recipients, among 52 programs selected from over 300 applicants, support the Kauffman Foundation's efforts to increase and strengthen entrepreneurship in America.

Below are the five North Carolina universities that received grants, along with the amount and expected use of the money:

Duke University, $50,000, internships; field research; social enterprise initiatives

North Carolina Central University, $50,000, internships; business plan competition; case study development

North Carolina State University, $50,000, awareness; faculty and curriculum development; business plan competition

University of North Carolina at Chapel Hill, $50,000, venture capital investment competition; Social Entrepreneurship Scholars

Wake Forest University, $47,300, awareness; new venture contest; liberal arts curriculum development

Dr. H. James Williams, dean of NCCU's School of Business, said the grant would bolster entrepreneurship in the region.

"Receiving this grant speaks volumes about what we're trying to do in academia and in economic development," Williams said. "It's an outstanding opportunity to help improve the entrepreneurial climate."

Robert Chapman of NCCU said the grant will expose students at NCCU's School of Business to a more concrete description of the prototype entrepreneur.

"The Kauffman Collegiate Enterprise Network Grant Award, especially with CED as a strategic partner, will enable those aspiring NCCU School of Business students the opportunity to observe and learn the rewards and challenges of entrepreneurship from entrepreneurs and their ongoing business enterprises," Chapman said.

In addition to the Kauffman grants, five N.C. universities were also ranked among the top entrepreneurship programs, both regionally and nationally by Entrepreneur magazine. In its April 2003 issue, the magazine ranked the top 100 entrepreneurial programs out of more than 700 total, with 50 national and 50 regional rankings each subdivided into four tiers:

Top Tier, National: Wake Forest University

Second Tier, National: Duke University and UNC-Chapel Hill

Third Tier, Regional: North Carolina State University

Fourth Tier, Regional: UNC-Charlotte

Wake Forest's Babcock Graduate School of Management, with its Angell Center for Entrepreneurship, was also recognized as the top-ranked school among entrepreneurship faculty.

"We are quite pleased with our ranking because it speaks well for the breadth of our students and dedication of faculty," said Dr. Stan Mandel, director of the Angell Center for Entrepreneurship. "Building a world-class entrepreneurship program requires combining the talents and strengths of students, faculty, area entrepreneurs, and service providers - including such industry leaders as North Carolina's CED."

Jeff Reid, executive director of UNC-Chapel Hill's Center for Entrepreneurship and Technology Venturing, said the awards showed the important role that entrepreneurial education plays in area universities.

"North Carolina should be proud to have so many schools recognized among the best in the country for entrepreneurship," Reid said. "The universities really feed the entrepreneurial community, with technology and talent."

According to Entrepreneur, the rankings are based on a variety of criteria, including course offerings, teaching and research faculty, business-community outreaches, research centers and institutes, advisory boards, off-campus programs, other entrepreneurial initiatives, degrees and certificates offered, and faculty and alumni evaluations. A complete list of ranked schools is available at colleges.

About CED: The Council for Entrepreneurial Development, located in Research Triangle Park, NC, is a private, non-profit organization formed in 1984 to stimulate the creation and growth of high-impact companies in the greater Research Triangle region. CED provides education, mentoring and capital formation resources to new and existing high-growth entrepreneurs through annual conferences, seminars, workshops and monthly programs on entrepreneurial management and finance. CED is the largest entrepreneurial support organization in the nation with more than 4,000 members representing 1,100 entrepreneurial companies, financiers and professional firms.

CURRICULUM

Electives available in 1998: 78

New electives in past three years: 41%

The core curriculum was last revised in: 1998

Accelerated MBA program offered? No

New Courses in Past Three Years

International Competitive Strategy, Entrepreneurship and Minority Development, Electronic Commerce, Business Telecommunications/Electronic Commerce, International Management, Consulting for Small Business, Venture Capital, Entrepreneurship, Introduction to Entrepreneurship, Environmental Management, Communications for Tomorrow's Leaders, New Product Design and Development, Crisis Management, Compensation Management, Strategic HR Management, Managing Human Resources, Organization Design, Business Law, Classic Books in Management, Customer Equity, Marketing and Social Issues, Sports Marketing, Non-Profit Marketing, Marketing for Entrepreneurship, Marketing Manager's Bookshelf, Consumer Behavior, Accounting for Financial Analysis, Business Operations on the Internet, Environmental Management, Environmental Operations Management, Operations Analysis, Operations Management Models, Manufacturing Planning System, Supply Chain Management, Response Time Management, Manufacturing Planning System, Equity Security Analysis, Investment Banking, Quantitative Methods, Advanced Portfolio Management

Most Popular Electives

Financial Statement Analysis, Mergers & Acquisitions, Pricing, Business and Telecommunications, Tax Strategy, Crisis Management, International Business Analysis, Real Estate Developement Process

Most Popular Professors

David Ravenscraft, Marc Zenner, Jay Klompmaker, Robert Connolly, David Hartzell, Jeffrey Abarbanell, Doug Shackelford, Richard Rendelman, Al Segars

Majors or Concentrations Added in Past Three Years

Kenan-Flagler does not have majors. Added career tracks include: information technology, entrepreneurship, international business, strategic consulting, health care consulting, corporate finance, commercial banking, industrial marketing, services marketing, HR, and real estate.

Teaching Methods

Lecture: 40%

Case Study: 45%

Action Learning: 15%

|Full-time faculty members: |  |70 |

|Adjunct or visiting faculty: | |13 |

|Average core class size: | |58 |

|Average elective class size: | |30 |

Laptop computer required? Yes

September 9th

Master Panel of Entrepreneurs Speaker Series

Time: 5:30 pm - 7:15 pm

Location: UNC-Chapel Hill Kenan-Flagler Business School

Fees: free

Contact: megan_harvey@unc.edu

Register:

Notes:

Learn from the best as the winners of the 2003 Ernst & Young Carolinas Entrepreneur Of The Year ® share their success stories with students and special guests through a panel hosted by the Center for Entrepreneurship and Technology Venturing, Ernst & Young, and CED.

Confirmed panelists include:

Robin Smith, Biologics, Inc.

Dennis Braasch, Institutional Resources, LLC

Ping Fu, Raindrop Geomagic

Robert Scott, Universal Solutions

Dani Bolognese, Trimeris, Inc.

The National Commission on Entrepreneurship was created to focus public policy on the role of entrepreneurship in the national economy and to articulate policies that will foster its continued growth. The NCOE is a resource for anyone interested in entrepreneurship and public policy.

|Stories of Entrepreneurs |

| |

|Entrepreneur: |

|Rosemary Jordano |

| |

|Company: |

|ChildrenFirst, Inc. |

| |

|Founders: |

|Rosemary Jordano |

| |

|Year Started: |

|1992 |

| |

|Description of Business: |

|ChildrenFirst provides back-up child care to employees of over 260 corporations and consortia throughout the United States |

|and Canada. Corporate clients pay a yearly fee in exchange for a specific number of days of back-up child care. The client’s |

|employees are then able to bring their children to a ChildrenFirst center whenever primary child care plans fall through. In |

|2001 the company had 35,869 registered children and provided 73,172 child visits. |

| |

| |

| |

|Biography of Rosemary Jordano: Ms. Jordano earned a degree in economics and psychology from Wellesley College in 1984. She |

|also holds a Master’s in Developmental Psychology from Oxford University in England earned and an MBA from Stanford |

|University in 1989. She began her career working as a financial analyst for Merrill Lynch Capital Markets in New York and Los|

|Angeles before returning to her primary interest, quality child care. Ms. Jordano was a recipient of The Boston Jaycees 1998 |

|Top Ten Outstanding Young Leaders Award; the Pinnacle Award for Achievement in Business from the Greater Boston Chamber of |

|Commerce; the Stanford Graduate School of Business Leadership Award; and the 1997-98 Leading Women Award from the Patriot’s |

|Trail Girl Scout Council. She serves on the national board of Jumpstart; the Regis College Board of Trustees; the Dana-Farber|

|Leadership Council; and the Woman’s Health Leadership Forum at Boston’s Bringham & Woman’s Hospital. She has also |

|participated in the Presidential Summit for America’s Future and the White House Conference on Child Care. |

|How the Business Started: Ropes and Gray -- a Boston law firm -- opened a child care center in 1992 to provide backup care |

|for the firms employees. Operation of this center was eventually taken over by ChildrenFirst, and became the first of 31 |

|centers now operating in the United States and Canada. |

|Outstanding Contributions: |

|Entrepreneurs make unique contributions to the American economy. ChildFirst provides an innovative service in a previously |

|untapped market. The company also allows tens of thousands of corporate employees to enhance their job performance by missing|

|fewer days of work. |

|Entrepreneurs create innovations that improve our quality of life: Not only do backup child care providers increase worker |

|productivity, they also give parents peace of mind knowing that their children are being well-cared for in a safe |

|environment. Such centers give parents the opportunity to bring their families with them on business trips, providing an |

|opportunity for greater family togetherness. |

|Entrepreneurs create new jobs: ChildrenFirst currently employs over 220 people across the nation and in Canada. |

|Entrepreneurs improve our position in global economic competition: Back-up child care reduces absenteeism and increases |

|productivity by providing parents with an alternative to taking days off from work when their primary child care plans fall |

|through. |

|Entrepreneurs reinvest newly created wealth in the economy: Rosemary Jordano and ChildrenFirst have pledged over 100 |

|volunteer hours per employee and 1,000 days of backup child care in the communities they serve. |

|Other Stories: |

|Michael Dell, Dell Computers |

|Robert Rivera, Spectrum Communications |

|Catherine Muther, Three Guineas Fund |

|Howard Schultz, Starbucks Coffee |

|Martha Stewart, Martha Stewart Living Omnimedia |

|Robert L. Johnson, Black Entertainment Television |

|Arthur M. Blank, Home Depot |

University of Rochester

Rochester is a private university with approximately 8,000 students (58% White, 9% Asian/Pacific Islander, 4% African-American, 3% Hispanic).

The Vice Provost and Dean of the Faculty, Dean of the College, and Area Coordinator for Entrepreneurship at the Simon Graduate School of Business Administration attended the proposal conference. The Kauffman grant press release states:

“At Rochester, we understand entrepreneurship to mean the transformation of ideas into enterprises that generate value--intellectual, cultural, and economic," said Thomas H. Jackson, University president. "The University of Rochester is George Eastman's university. Eastman's educational philanthropy--itself the fruit of his distinctive entrepreneurial genius--made it possible for Rochester to become a leader among American universities.

The Kauffman Campuses Initiative would give the University the opportunity to expand entrepreneurship education and make a greater impact on students and on economic development in the community. Entrepreneurial values and concepts would be embedded into the curriculum, advancing innovation and fostering hands-on experiences across the University.

Those at the University contributing to the development of this investment in entrepreneurship include the College, the School of Engineering and Applied Sciences and its Center for Electronic Imaging Systems, the Simon Graduate School of Business Administration, the Eastman School of Music, the Institute of Optics, the University of Rochester School of Nursing, and the University of Rochester Medical Center.”

The Simon School offers a concentration in Entrepeneurship, as well as an M.S. degree in Business Administration with a concentration in Technology Transfer and Commercialization.

Entrepreneur Magazine ranks Rochester as one of the top 25 schools with Entrepreneurial Emphasis programs. Rochester has received several Kauffman Foundation grants in the last two years: a $37,500 Kauffman Collegiate Entrenpreneurship Network grant to enhance existing entrepreneurship courses for graduate and undergraduate students, as well as host two regional conferences; and initial and subsequent support Kauffman Entrepreneurial Internship Program grants. Rochester also received a separate $10,000 grant to support a pilot program to educate, connect, and mentor academics from the Rochester science community about technology commercialization and the technology transfer process.

Simon Graduate School of Business

Entrepreneurship (ENT) (Taught at the MBA Level)

(5 courses)

The Simon School is committed to the teaching of entrepreneurship. The Entrepreneurship concentration allows the student to draw from a variety of carefully selected courses to become a business generalist, well versed in organizing and managing resources. Graduates with this concentration have started their own ventures or have pursued "intrapreneurial" careers with major corporations. Students often combine this concentration with finance or marketing to further enhance their educational base.

Required core courses, plus:

GBA 422 The Role of Entrepreneurship in Value Creation in Large and Small Enterprises

GBA 423 New Venture Management and Entrepreneurship

MKT 412 Marketing Research

Plus two courses selected from this list:

ACC 411 Financial Statement Analysis

BPP 431 Tax and Legal Issues of New Ventures

BPP 432 Basic Business Law

CIS 413 The Economics of Information Management

CIS 415 Business Process Analysis and Design (ECM 415)

FIN 413 Corporate Finance

FIN 423 Corporate Financial Policy and Control

FIN 433 Cases in Finance

GBA 424 Projects in Entrepreneurship

MKT 414 Pricing Policies (STR 423)

MKT 432 Product Planning and Development

OMG 412 Service Management

OMG 413 International Manufacturing and Service Strategy

Description of Required courses in Entrepreneurship

GBA 422. The Role of Entrepreneurship in Value Creation in Large and Small Enterprises

The primary topics to be covered are:

• Evolution of the modern entrepreneur and his or her potential impact on 21st-century business practices;

• Entrepreneurial value creation process in large and small enterprises;

• Recognition and creation of business opportunities through business analysis and market research;

• Characteristics of an entrepreneurial mind and the environment in which it flourishes;

• The role of organizational architecture in achieving optimum performance;

• Providing resources for start-up entrepreneurial ventures from seed funds to full equity funding;

• Corporate venturing and alliances;

• Managing the enterprise from inception to maturity; and

• Exit strategies for corporate and start-up ventures.

The teaching approach will be a combination of lectures, selected outside speakers, readings and cases

Prerequisite: completion of core courses

GBA 423. New Venture Management and Entrepreneurship

This course examines the management skills and tools associated with innovation and new-business development. The analysis of entrepreneurship is from both the large- and small-company perspectives. This view is expanded to encompass interactions between the two and the effects of large-company outsourcing decisions on the development and growth of new ventures. Management issues regarding the start-up of a new enterprise are discussed. The planning and strategy-formation process is reviewed in terms of company and business-unit goals. Topics include: new business trends, marketing analysis, the management team, organizational problems, financial forecasting capitalization plans and sources of funding, the due-diligence process and valuing the venture. Lectures, cases and guest speakers are utilized. The speakers represent a range of new-venture topics from entrepreneur and venture capitalist to legal support. The completion of a business plan for a proposed new venture is required.

Prerequisite: completion of core courses

MKT 412. Marketing Research

This course deals with the collection and use of data to support marketing decisions. The first part of the course teaches the student how to formulate the research problem, design the research and collect the data. Among the data-collection techniques discussed are: questionnaire design; telephone, mail and electronic surveys; and laboratory and field experiments. The second part of the course examines various techniques for analyzing data: cross-classification analysis, factor analysis, multidimensional scaling, conjoint analysis, etc. As part of the course requirements, teams of students design, administer, analyze and report on an actual marketing-research study.

Prerequisites: MKT 402; APS 411

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