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Kauffman Foundation Grant Propels FIUs Global Entrepreneurship Center

Source: www.entrepreneurship.fiu.edu
Topic: Entrepreneurship

Sort Desciption: Innovation is the specific instrument of entrepreneurship the act that endows ... place to build a first-rate interdisciplinary Global Entrepreneurship ...

Content Inside: __________________________________________ __________________________________________ _ FIU University Advancement Office of Media Relations PC 519 Miami FL 33199 (305) 348-2232 Innovation is the specific instrument of entrepreneurship the act that endows resources with a new capacity to create wealth. --Peter F. Drucker Kauffman Foundation Grant Propels FIUs Global Entrepreneurship Center MIAMI Fla. (December 15 2003) The Ewing Marion Kauffman Foundation announced today that it has made a $3 million gift to the Global Entrepreneurship Center at Florida International University to promote and nurture the entrepreneurial spirit across campus and throughout South Florida. FIU is one of eight recipients of Kauffman Campuses Initiative grants totaling $25 million. FIU was one of 30 universities initially invited to compete for the grants and was named one of 15 finalists in June. Other recipients include Washington University the University of Illinois at Urbana-Champaign and the University of North Carolina at Chapel Hill. FIUs proposal was thorough aggressive and left no doubt in the mind of any of the judges that it was conceived by seasoned entrepreneurs said Carl Schramm President and CEO of the Kauffman Foundation. We see the public university in South Florida as a natural place to support an innovative entrepreneurship center with a unique international flair that can set off a cultural transformation. FIU President Modesto Maidique led a team of top FIU administrators in pursuing this grant. At FIU we have a long tradition of being aggressive taking risks and beating the odds most of the time. That makes us an entrepreneurial university in an entrepreneurial city said Maidique himself a professor of entrepreneurship the co-founder of a Fortune -- more -- FIU Global Entrepreneurship Center / 1000 company and a former partner at Hambrecht & Quist Management a venture capital firm. We were able to persuade the Kauffman Foundation that we are a ...

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