Matching Funds Bring Total Received via
NACCE Competition to $99,300
Springfield, MA – January 4,
2011 – Community colleges from across the nation that received $67,500 in
Elevator Grants at the 8th Annual Conference of the National Association for Community College
Entrepreneurship (NACCE) last October have now been awarded an additional
$31,800 by the Coleman Foundation,
a private, independent grantmaking foundation whose interests include
Nine community colleges each
received a $7,500 base grant at the NACCE Conference. The Coleman Foundation
targets the grants to specific projects designed to support entrepreneurship
education. This year for the first time, grant-winning schools were encouraged
to generate financial support for their proposed projects from entrepreneurs in
their communities. The Coleman Foundation pledged to match these monies to a
maximum of $5,000. Eight of the schools succeeded in raising funds within their
community and have thus received additional funds from the Coleman Foundation.
are very encouraged by how the grant winners followed through and took
advantage of the opportunity to earn the matching funds,” says NACCE Executive
Director Heather Van Sickle. "This new component adds a strong element of
entrepreneurialism to the grant process. We are constantly trying to make the
connection between supporting entrepreneurship education and acting entrepreneurially
with our NACCE members, and this effort by the Coleman Foundation is a
wonderful example of how that can be done.”
the Foundation can assist in catalyzing entrepreneurship education activity, we
recognize that it will be sustained only through the development of local
support by local champions,” says Clark McCain, Senior Program Officer at the
Coleman Foundation. "These matching grant recipients are demonstrating that
local entrepreneurs and other funders are there, in their communities, poised
to support entrepreneurship education.”
The projects and amount of
matching funds the schools received are:
County Technical College (MN) will hold a two-week "BizTech Academy" that will link
nanotechnology, innovation and entrepreneurship education. Matching funds
(NE) will develop 20 faculty champions for entrepreneurship from across campus
to embed entrepreneurship concepts into their classes. Matching funds: $1,300.
Lorain County Community College (OH) will provide assistance in business start-up to
"adult transition" students returning to college after years out of
high school. Matching funds: $5,000.
Community College (NY)
will provide SBDC technical assistance to military veterans interested in
starting or expanding a business. Matching funds: $5,000.
Flathead Valley Community College (MT) will implement a seminar series providing
entrepreneurship skills to independent construction professionals. Matching
County Junior College
(MS) will develop and implement its first entrepreneurship courses and
curriculum. Matching funds: $3,000.
State Community and Technical College (MN) will establish a regional incubator to assist in
growing new businesses in a local community. Matching funds: $5,000.
County Community College (PA) will offer consulting services in Accounting, Law, Marketing and
Technology to new and existing community entrepreneurs. Matching funds: $5,000.
Wyoming Community College (WY) will offer workshops and
newsletters to assist entrepreneurs to capitalize on opportunities in the local
tourism economy. No
matching funds awarded.
The Coleman Foundation
Coleman Foundation is a private, independent grantmaker focusing primarily on
supporting Midwest non-profit organizations.Foundation resources support
cancer care, treatment and research, developmental disability services, and
entrepreneurship education. In 1981, the Foundation began to question why individuals
are encouraged to "get a job” rather than to "create” one.Since that
time, the Foundation has committed over $46 million to improve the quality of
entrepreneurship education, promote the option of self-employment, and help
create a new generation of business owners.For more information, visit http://www.colemanfoundation.org.
community college administrators and faculty with knowledge and successful
practices regarding entrepreneurial thinking, entrepreneurship education, and
student business incubation. NACCE holds an annual conference and symposium,
publishes a quarterly journal, hosts monthly webinars and podcasts and a
dynamic list-serv, develops Web resources such as shared entrepreneurship
curricula and syllabi for faculty, and creates guides in beginning and
sustaining entrepreneurship and student business incubation programs as well as
tips for grant proposals specific to entrepreneurial endeavors at community
colleges. For more information, visithttp://www.nacce.com.