Ashland University Receives $134,000 from Morgan Foundation

Ashland University Receives $134,000 from Morgan Foundation
The five Ashland University students who participated in the Entrepreneurship Education Consortium’s (EEC) Entrepreneurship Immersion Week 2015 held earlier this fall were (l-r) Jessica Brown from Hamilton Ohio, majoring in Exercise Science; Daniela Alves of Campinas-São Paulo, majoring in Finance; Joshua Caleb Frey of Ypsilanti, Mich., majoring in Political Science; Mara Holcomb of Sterling, Ohio, majoring in Marketing; and Janessa Huffman of West Liberty, Ohio, majoring in Accounting. Ashland's participation in the EEC Program is sponsored by the Morgan Center for Entrepreneurial Studies.

10/8/15 ASHLAND, Ohio – The Burton D. Morgan Foundation of Hudson, Ohio, has awarded Ashland University $134,000 for entrepreneurship education and programming over a two-year period.

The AU award was highlighted in the Morgan Foundation’s recent announcement that noted trustees had approved grants totaling nearly $800,000 in September.

Ashland University President Dr. Carlos Campo said he was pleased to learn of the grant awarded to AU by the Morgan Foundation.

“We at Ashland University are grateful for our long-standing ties we have had with the Morgan Foundation through the years and we are committed to continually improving the programming that the Foundation continues to support on our campus,” said Dr. Campo.

Read Wakefield, director of the Burton D. Morgan Center for Entrepreneurial Studies at Ashland University, said the grant will allow the center to institute a number of projects for students and faculty intended to stimulate entrepreneurial activity on the AU campus.

“These projects will reinforce the importance of several cross campus initiatives that are included in this grant request,” he said. “These include start-up weekend events at each of Ashland’s four colleges.”

Wakefield noted that the grant will allow for additional events, seminars, workshops and mentoring projects that will lay the foundation for more students to further pursue entrepreneurial ventures.

“Students will become more entrepreneurial through practicing and developing their own skills in this hands-on learning environment, as well as being mentored by entrepreneurs,” he said. “Students also will learn by collaborating with other students in entrepreneurial activities and events.”

The grant will fund faculty workshops and faculty course development grants to incorporate entrepreneurial perspectives and related project based learning into existing and new courses.

Wakefield said the existing Morgan Center facilities and programs will 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’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. Student programs and curriculum are structured to encourage the development of new ideas into viable products, services and processes that add value to a changing society.

Deborah Hoover, the foundation’s president and CEO, said entrepreneur Burton Morgan, who established the foundation in 1967, had a vision that it “should be a pioneer — seeding and growing programs to inspire young entrepreneurs.”

Morgan, who died in 2003, founded Morgan Adhesives in Stow in 1959.

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.