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Kauffman foundation announces two new programs

Tuesday, January 13, 2009   (0 Comments)
Posted by: Matthew Montoya
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Kauffman foundation announces two new programs

The Ewing Marion Kauffman Foundation will invest more than $5 million in efforts to stimulate the economy with new high-tech, high-growth ventures.

“What we need is more entrepreneurs,” said Lesa Mitchell, a Kauffman vice president specializing in advancing innovation.

Two new programs, the Kauffman Entrepreneur Fellows and the Entrepreneur Postdoctoral Fellows, mark an evolution in the approach of the Kansas City-based foundation.

“We are not just funding education and waiting to see what will happen,” Mitchell said. “This is funding people who will create the technologies and the companies of the future.”

The fellowship programs are the first to emerge from a larger multimillion-dollar initiative called Kauffman Laboratories for Enterprise Creation.

Kauffman Labs aims to increase the number and boost the success of high-growth startups through a series of existing and developing programs.

These two new programs will focus on grooming promising technology entrepreneurs and plugging them in to high-powered networks of technology experts, investors and others.

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