William Jewell College has been awarded a $500,000 grant from the Ewing Marion Kauffman Foundation to develop an entrepreneurship model for its campus community.
The grant, to be distributed over a three-year period, will allow William Jewell to enhance the entrepreneurial culture on campus and develop a sustainable environment of innovation. Plans include adding a faculty position and curriculum that explores innovation and creativity, awarding internal grants and creating an Innovation Center.
“William Jewell has a long history of providing a liberal arts education that develops entrepreneurial characteristics such as independent thinking, opportunity recognition, challenging assumptions and innovation needed in today’s marketplace,” said Dr. Kelli Schutte, Department of Business and Leadership chair. “This grant will allow Jewell to develop an integrated culture that infuses innovative thinking across the disciplines.”
The grant funds from the Ewing Marion Kauffman Foundation will be matched by Jewell to build a sustainable program. Some of the key investments include:
● adding a Professor of Innovation to administer the creativity curriculum and entrepreneurial program;
● creating an Innovation Center with the technology and resources to cultivate ideas and help launch new ventures;
● funding grants for faculty and students to experience innovative initiatives;
● starting a new Venture Capital Fund supported by Jewell and the community for student start-up businesses;
● implementing new curriculum focused on creativity and experiential learning;
● hosting ongoing faculty workshops that spur creativity and develop an entrepreneurial mindset;
● developing an entrepreneur mentor program;
● launching the Jewell Entrepreneurship Series to host experts and consultants on campus; and
● building a stronger student entrepreneur organization.
Professional development will be a focus area of the expanded model. Jewell faculty will have the opportunity to research, teach and infuse entrepreneurship into the curriculum across campus. Creating experiential initiatives and activities will help students facilitate their entrepreneurial ideas, and faculty will be rewarded through opportunities for grants to implement new ideas, release time to research and stipends to disseminate their knowledge through presentations, publications or consulting.
The Ewing Marion Kauffman Foundation is a private, nonpartisan foundation that aims to foster economic independence by advancing educational achievement and entrepreneurial success. Founded by late entrepreneur and philanthropist Ewing Marion Kauffman, the Foundation is based in Kansas City, Mo., and has approximately $2 billion in assets. For more information, visit http://www.kauffman.org, and follow the Foundation on http://www.twitter.com/kauffmanfdn and http://www.facebook.com/kauffmanfdn.