10/20/16 ASHLAND, Ohio – Tom Sudow has been named the new director of the Burton D. Morgan Center for Entrepreneurial Studies in Ashland University’s Dauch College of Business and Economics. Sudow will begin his new duties Oct. 31.
“We are delighted and proud to have someone of Tom’s stature join the team at Ashland University’s Dauch College of Business and Economics as the new director of the Burton D. Morgan Center for Entrepreneurial Studies,” said Dr. Elad Granot, dean and professor of marketing at AU’s Dauch College.
“Tom is known worldwide as a prominent figure in the innovation and entrepreneurship ecosystem. His expertise, connections and experience will bring the college and the university to a national and international stage,” Granot said. “The Morgan Center is one of the college’s five strategic priorities, which also include pursuing AACSB accreditation; growing the MBA program in size, delivery options and locations; supporting and promoting the Eagle Investment Group; and friend and fund raising for the college. This is a great time to be at Ashland University and witness what President Campo calls Ashland Rising!”
Sudow currently serves as director of Business Development for Cleveland Clinic Innovation and also served for nine years as the business development director for the Global Cardiovascular Innovation Center (GCIC), a research and product development consortium created to attract, expand and retain companies and to build a cluster of cardiovascular companies around the state of Ohio. Sudow will continue his affiliation with Cleveland Clinic.
The GCIC is led by the Cleveland Clinic and was seeded in 2007 by a $60 million grant from the Ohio Third Frontier (OTF), the largest grant in the history of the OTF. As the business development director, Sudow has responsibility to recruit opportunities for the GCIC and he has done so around Ohio and around the globe. Twenty-five companies have moved to Ohio as a result of his efforts, including companies from Belgium, China, France, Ireland, Israel, Japan, the U.K. and others. He also has worked with a number of companies to expand in Ohio.
Sudow also serves as director of Business Development for the Global Healthcare Innovation Alliance, a collaborative network of healthcare systems, academic institutions and corporate partners around the world, led by Cleveland Clinic. The Alliance creates opportunities that benefits patients everywhere through scalable technology development and commercialization.
He jointly served as a vice president of Team Northeast Ohio and Business Development director of the Global Cardiovascular Innovations Center (GCIC) from 2007-2014. During this period he was fully embedded at Cleveland Clinic and in his role with Team NEO he supported the growth of the Bioscience Cluster in the Cleveland area. In this position, he also worked internationally with companies, governments and NGOs.
Prior to joining Team NEO and the GCIC, he served as executive director of the Chamber of Commerce in Beachwood, where he coordinated economic development efforts for the city. During his tenure, he helped more than 20 international companies establish their North America headquarters in Beachwood, as well as three headquarters companies.
Sudow led the effort with Cleveland State University and the City of Beachwood to open the Beachwood Business Development Center (BBDC), a business accelerator for startups and growing businesses and international companies making their initial foray into the U.S. market. BBDC provided a variety of services from business consulting to assisting in raising funds.
Sudow is committed to the Northeast Ohio community, having served as chair of the Northern Ohio Area Chambers of Commerce (NOACC). He also served in leadership for a number of organizations in the region and internationally. He serves as guest columnist in publications such as Crain's Cleveland Business, Inside Business and the Cleveland Jewish News, and has lectured and published on business and entrepreneurship internationally. For his outstanding work, he has been recognized with awards from many economic development and community organizations. He and his wife, Michele, live in Shaker Heights, Ohio, and have three grown children.
Ashland’s Burton D. Morgan Center for Entrepreneurial Studies, established in 2003 as a wing of AU’s Richard E. and Sandra J. Dauch College of Business and Economics, focuses on serving the educational needs of students by actively promoting, encouraging and developing entrepreneurial knowledge through experiential learning. The Morgan Center facilities and its programs serve as a vital tool in the overall integration of entrepreneurship across the Ashland University campus, allowing students opportunities to practice entrepreneurial skills in a low risk environment.
Ashland University, ranked in the top 200 colleges and universities in U.S. News and World Report’s National Universities category for 2016, is a mid-sized, private university conveniently located a short distance from Akron, Cleveland and Columbus, Ohio. Ashland University (www.ashland.edu) values the individual student and offers a unique educational experience that combines the challenge of strong, applied academic programs with a faculty and staff who build nurturing relationships with their students. ###