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June 11, 2024 | Tom Ballard

U News | University of Dayton launching social entrepreneurship certificate

A new program at Washington University in St. Louis is working with top philanthropists to help them increase the impact of their giving.

From the University of Dayton:

The new Herr Venture for Change Program will launch this fall to prepare students as entrepreneurs for the common good, offering a nine-credit certificate in social entrepreneurship, which involves creating mission-based businesses that prioritize social impact alongside profits. Students will launch social ventures and, as Herr Scholars, will make meaningful contributions locally and globally. This includes summer partnerships with international nonprofits and ongoing collaborations with local entrepreneurs.

“This initiative aligns with the University’s Marianist mission to educate for service, justice, and peace,” said School of Business Administration Dean Trevor Collier. “It will equip students with the necessary skills and experiences to become social entrepreneurs who believe their success, at least in part, is measured by the positive impact they have on society.”

Created with a gift from alumni Mike and Katie Herr, the new program builds on their philanthropy at the University of Dayton (UD). Mike Herr, an accounting alumnus and UD board member, together with Katie Herr, an elementary education alumna and parent leadership council member, created a scholarship fund in 2018 and also help lead the We Soar campaign.

From the University of Arizona:

AZ Inno reports that a new online hub launched by the University aims to help tech entrepreneurs learn about new inventions and research coming out of the school that can provide opportunities to launch or join star-tups.

Called StartupHub, the site highlights what are considered the most promising opportunities, allowing visitors to check them out by industry — such as diagnostics, digital health, or medical devices — or by position, such as Chief Executive Officer, Co-Founder, or Chief Science Officer. It is an initiative Tech Launch Arizona, the University’s office dedicated to commercializing the school’s research and making an economic and societal impact. The office has a venture development team that helps inventors and entrepreneurs connect and launch start-ups.

The tagline for the hub is “Founder-ready start-up opportunities and high-potential inventions from the University of Arizona, primed and ready for a business leader like you to step in.”

From the University of Utah:

Forty-one founders graduated from the Master of Business Creation (MBC) at the University of Utah’s David Eccles School of Business following the spring 2024 semester. This is the fifth and largest group to graduate from this unique and award-winning program designed specifically for entrepreneurs.

The group includes the first 15 people to graduate from the MBC’s online option and another 26 who graduated from the in-person option. The graduating MBC founders lead 39 start-ups in a broad variety of industries. Some start-ups had more than one founder in the program.

The MBC program is an academic offering provided by the Department of Entrepreneurship & Strategy in partnership with the Lassonde Entrepreneur Institute. Both are part of the Eccles School, which is ranked among the top 10 schools nationally for entrepreneurship by U.S. News & World Report and the Princeton Review.

From Washington University in St. Louis:

A new program at the Olin Business School’s Koch Center for Family Enterprise is working with top philanthropists to help them increase the impact of their giving.

With initial funding from Washington University in St. Louis Chancellor Andrew D. Martin, PhilanthropyForward is an  incubator that brings 10 donors together for six months to learn how to create an individualized giving strategy that aligns with their values, community needs and data-backed strategies. They are currently recruiting fellows for the second cohort, which will begin in the fall.

“At Olin, we emphasize the importance of values-based, data-driven leadership. PhilanthropyForward aligns perfectly with that mission,” said Peter Boumgarden, Olin’s Koch Family Professor of Practice in Family Enterprise and Director of the Koch Center for Family Enterprise.

“PhilanthropyForward is for significant donors who want to address a specific challenge with their giving and can make time for an intensive peer learning program. We give them the tools they need to turn their various interests into a cohesive giving strategy and measure the impact of their giving.”

The program includes a three-day fall immersion experience at the University, a two-day off-site winter retreat, three months of individual virtual coaching and peer discussions, and personal time preparing individual five-year plans for their giving. Because the program’s content and guest speakers are customized to meet each fellow’s interest, no two cohort experiences will be the same.

From Rice University:

Rice University’s Liu Idea Lab for Innovation & Entrepreneurship (Lilie) has announced the eight teams selected for the 2024 Lilie Summer Venture Studio, an immersive accelerator program designed to propel the university’s innovative ventures forward.

This year the program received a record number of applications and drew applicants from every degree program and major across the campus, reflecting the vibrant entrepreneurial spirit that thrives within the university’s diverse community, said Kyle Judah, Executive Director of Lilie, an entrepreneurship center for Rice’s campus and alumni communities.

Each team will receive $15,000 in non-dilutive funding to accelerate their ventures, along with dedicated co-working space in the Liu Idea Lab throughout the summer. Participants will also benefit from personalized mentorship and education provided by Lilie staff and a network of experienced mentors deeply engaged in Lilie’s entrepreneurial ecosystem.

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