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February 21, 2024 | Tom Ballard

U News 2 | Announcements and Recognitions

Washington University in St. Louis' Office of Technology Management (OTM) is celebrating the launch of the 100th start-up that is built on promising university-owned intellectual property.

From the University of Cincinnati:

Charles Matthews, a longtime faculty member, has been named as the United States Association for Small Business and Entrepreneurship (USASBE) “Educator of the Year.”

An internationally recognized scholar and innovative teacher in entrepreneurship, he was a J. William Fulbright U.S. Scholar in Lithuania and Past President and Fellow of the International Council for Small Business. Matthews has presented, lectured and taught at colleges and universities around the world including Australia, Belgium, Brazil, China, Germany, Finland, Norway, Russia, Singapore, and Sweden.

He is also credited with being the visionary behind the University of Cincinnati’s Center for Entrepreneurship in its Carl H. Lindner College of Business.

From High Point University:

The University has announced the major donor for its new School of Entrepreneurship, which will be North Carolina’s first private school of entrepreneurship and one of only two schools of entrepreneurship in the state when it opens in 2025.

According to the announcement, High Point University recently received a substantial and generous eight-figure gift from David S. Congdon, Executive Chairman of Old Dominion Freight Line Inc., one of the nation’s leading transportation logistic companies. The new school will be named the David S. Congdon School of Entrepreneurship.

The School of Entrepreneurship will offer multiple undergraduate degree options, starting with a Bachelor of Science in Business Administration in Entrepreneurship, a Bachelor of Science in Business Administration in Sales, a Bachelor of Arts in Event Management, and a Bachelor of Arts in Hospitality Management.

From the University of Louisville:

The University and Yum! Brands Inc. have announced the launch of new “Accelerating Growth” executive education programs at the Yum! Center for Global Franchise Excellence.

As described in this news release, the new programs will focus on equipping operations leaders to take on senior management roles in franchise organizations, an area identified as a key opportunity by franchisees and leadership at the Yum! Center for Global Franchise Excellence, which has been providing education for aspiring entrepreneurs through the University of Louisville College of Business since 2021.

As part of its $100 million global Unlocking Opportunity Initiative, Yum! Brands is providing more than $800,000 in funding to launch the “Accelerating Growth” programs, which is in addition to the $3.5 million commitment the company made to launch the Yum! Center for Global Franchise Excellence in 2021. The goal of Yum! Brands’ Unlocking Opportunity Initiative is to create opportunities for education and entrepreneurship for employees, frontline restaurant teams, and communities around the world.

The two new “Accelerating Growth” education tracks will launch in the summer and fall 2024 semester and will focus on training attendees to upskill their franchising education.

From Washington University in St. Louis:

The University’s Office of Technology Management (OTM) is celebrating the launch of the 100th start-up that is built on promising university-owned diagnostics, therapeutics, or other technologies. With most of those occurring in the last decade, the 100-plus start-up companies that OTM helped take root are working to prevent, treat and diagnose cancers, neurodegenerative diseases, infectious diseases, and other illnesses.

These companies are further developing faculty technologies into patient products, such as blood tests for detecting Alzheimer’s disease before symptoms develop, a brain-computer interface that helps restore motor function in patients suffering from devastating strokes, and a nanoscale material that helps wounds heal, among numerous other technologies.

A new group at OTM, led by Karen Mullis, Director of New Ventures, aims to grow the number of start-up companies even more, with a goal of reaching double digits yearly. The group will assist the university’s research community in navigating the process of launching ventures, to help researchers bring their ideas to market.

From Florida Atlantic University: 

Companies developing software, water purification technology, and data-driven pain management solutions are among a new wave of recruits for Global Ventures at Florida Atlantic University.

Based at the University’s Research Park in Boca Raton, Global Ventures is an incubator program for second-stage technology companies. The four start-ups joining the program now occupy office space in the facility. They are:

  • InfraSite: Founded in West Palm Beach, the telecom service provider is the developer of a Smart Vault Solution that allows for the safe placement of digital infrastructure in most locations.
  • Fenway Group: It is an information technology company providing digital services for businesses.
  • Signalic: The biomedical technology company uses artificial technology to develop pain management solutions for people with chronic pain or who are addicted to opioids.
  • Salus Water: The company builds residential water filtration and purification systems to improve water quality.

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