Baylor To Spread Entrepreneurship To Other Disciplines With Grant

April 2, 2004

by Cynthia J. Jackson

The Hankamer School of Business at Baylor University has been awarded $48,250 grant by the Ewing Marion Kauffman Foundation, which matches monies committed by Baylor to strengthen its already top-ranked entrepreneurship program and to extend entrepreneurship to disciplines outside of the Business School.

"Baylor has always been a pioneer in entrepreneurship education. Who better to bring the spirit of free enterprise to disciplines outside of the Business School?" said Dr. Terry Maness, dean of the Hankamer School of Business. "We are grateful to the Kauffman Foundation for giving us this opportunity."

Following is a summary of initiatives that will be accomplished with the funding:

• Baylor Medical - The Business School will work with leading medical scientists to enhance the capability of the state of Texas in developing high-potential entrepreneurial ventures within the life sciences area. Seminars will help scientists understand the entrepreneurial process for commercializing emerging medical technologies. A life sciences specialization also will be introduced within the MBA program.

• Baylor Law - A two-hour elective module will be developed for Baylor Law students, providing an opportunity to learn about valuation, deal structuring and exit strategies from an entrepreneurial perspective.

• Baylor Technology Development - Seminars and classes will be developed for the scientific community on campus, to expand Baylor technology and patents beyond the shelf and into the marketplace.

• Young Entrepreneurs' Organization (YEO) - A new MBA program will be specifically designed for the YEO, to begin in January 2005. YEO membership, by invitation only, currently numbers 4,700. Members are less than 40 years of age and represent virtually every size and type of business, each with gross annual revenue exceeding $1 million.


About the Kauffman Foundation

The Ewing Marion Kauffman Foundation of Kansas City works with partners to advance entrepreneurship in America and improve the educational achievement of youth. The late entrepreneur and philanthropist Ewing Marion Kauffman established the Kauffman Foundation in the mid-1960s. Information about the Kauffman Foundation is available at www.kauffman.org.


About Baylor Business

Baylor Business is a model of management education that is unlocking the 'value of values' in business organizations. The school aspires to better prepare students with a complete education, including theoretical, experiential and values-based learning. Baylor's Entrepreneurship program is ranked in the top 10 in the nation by both Entrepreneurship magazine and U.S.News & World Report. For more information, visit http://business.baylor.edu.

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