Foundation Hosts Open House to Announce New Programs, Present Newly Renovated Space
On April 29, The Burton D. Morgan Foundation hosted an open house at its office in Hudson to announce the establishment of a new research institute within the Foundation, along with the new Burton D. Morgan Fellowship Program, to support it.
Approximately 125 guests from across Northeast Ohio, most involved in the entrepreneurial ecosystem central to the mission of the Foundation, gathered for a reception hosted by staff and trustees. President and Chief Executive Officer Deborah Hoover, along with Trustees Marty Erbaugh and Michael Hochschwender, made remarks about the work of the Foundation in promoting entrepreneurship in the youth, collegiate, and adult spheres, and the decision to expand this work to include a new research institute, which will be headquartered in the newly renovated Innovation Space in Hudson, which was also unveiled at the event.
The Institute will further develop the work of the Foundation by engaging in research, outreach, collaboration and communication, and evaluation through grantmaking and partnerships with other stakeholders. The Institute is intended to work on the leading edge of entrepreneurship education, and will serve as a vehicle to share nationally and globally the outstanding work happening in the Northeast Ohio entrepreneurial ecosystem.
Deborah Hoover commented, “The Foundation has evolved over the last decade and achieved a level of expertise in entrepreneurship education that well positions our organization to play a leadership role in the field. Trustees and staff are excited to take this next step, establishing a fellowship and research initiative that will build upon our own work and the programs of our many dynamic entrepreneurship education partners.”
Concurrently, the Foundation is launching the Burton D. Morgan Fellowship Program, which is expected to draw in new and diverse perspectives and energize and inform the work of the Foundation and Institute. Dr. Scott Shane of Case Western Reserve University was introduced as the first Research Fellow, along with two student interns, Eoghan Bees and Laura Mummey. Dr. Shane’s team will be working on research that explores elements of experiential entrepreneurship education, pitch competitions in particular.
“I am very excited to once again be working with the Burton D. Morgan Foundation,” Scott Shane said. “The Foundation’s willingness to support serious scholarly research on entrepreneurship education shows its commitment to identifying the best ways to train would-be entrepreneurs in Northeast Ohio and around the world.”
Another early initiative of the Institute and in partnership with University School’s Entrepreneur Institute will be a regional youth entrepreneurship education conference. ENSPIRE 2015, which targets entrepreneurship educators, will be held in November at the University School campus and will feature Jessica Jackley, cofounder of KIVA, and Daymond John of ABC TV’s Emmy award-winning how, Shark Tank.