Posted on December 15, 2006

Kauffman Foundation Awards $25.5 Million for Entrepreneurship Education

The Ewing Marion Kauffman Foundation has announced a total of $25.5 million in grants to nine U.S. universities that have pledged to work to make entrepreneurship education a campus-wide opportunity.

The grants mark the second round of the Kauffman Campuses Initiative, which was launched in 2003 and hopes to transform the way entrepreneurship education is taught in the nation's colleges and universities. "We know there's an entrepreneurial spirit sweeping across college campuses today," said Judith Cone, the foundation's vice president of entrepreneurship. "We're thrilled to build on this momentum so that entrepreneurship becomes a natural and vital aspect of the American education experience."

Universities receiving grants in this round are Arizona State ($5 million), Brown ($2 million), Carnegie Mellon ($3 million), Georgetown ($3 million), New York University ($1 million), Purdue ($1.5 million), Syracuse ($3 million), the University of Wisconsin-Madison ($5 million), and the University of Maryland-Baltimore County ($2 million). In addition, several Northeast Ohio schools will receive grants through a collaboration between Kauffman and the Burton D. Morgan Foundation in Hudson, Ohio. Schools receiving awards through that program are Baldwin-Wallace College ($1.65 million), the College of Wooster ($1.56 million), Hiram College ($1 million), Lake Erie College ($1.3 million), and Oberlin College ($1 million).

"These new Kauffman Campuses schools will empower all students on campus to access the skills, orientation, and networks that can lead to greater individual opportunities," said Kauffman Foundation president and CEO Carl Schramm, "and [lead] to the creation of jobs, innovation and prosperity for America."