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UNC, Wake Forest Win Kauffman Grants for Entrepreneurship Initiatives

UNC-Chapel Hill and Wake Forest University are among eight schools nationwide to receive a prestigious
grant from Ewing Marion Kauffman Foundation. UNC will receive $3.5 million and Wake Forest will receive
$2.16 million to make entrepreneurship education available across campus. Under the Kauffman Campuses
Initiative, selected schools must match the Kauffman grant at least 2-to-1.

With its grant, UNC-Chapel Hill will create the Carolina Entrepreneurial Initiative, which will focus
on creating traditional business entrepreneurs, as well as social, civic and academic entrepreneurs.
UNC's initiative will build a permanent foundation of faculty expertise, educational opportunities
for students and productive engagement with the wider entrepreneurial community. Wake Forest's g rant
will help establish a university-wide office of entrepreneurship and liberal arts, adding new entrepreneurship
courses and faculty, creating a university Center for Entrepreneurship, and developing a fifth-year
entrepreneurship institute for recent university graduates pursuing new ventures.

A panel of judges selected the eight universities from 15 finalist schools that participated in the six-month
Kauffman Campuses competition. In June, each of 15 finalist schools received a $50,000 planning grant
by the Kauffman Foundation to develop and submit an innovative and comprehensive five-year plan to inject
entrepreneurship training and experiences into the culture of the university. Visit http://www.kauffman.org/pages/396.cfm for
more details on the grants.

What Members are Saying

"CED is very useful in helping network and gather people. For early entrepreneurs, CED is one of the best resources for getting things done." -Dr. John Ryals, CEO, Metabolon (also founder and former CEO of Paradigm Genetics)