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Nov 2011

President Deb HooverDear Foundation Friends,

These days, there is plenty of coverage in the press about the strength and vibrancy of the Northeast Ohio entrepreneurial ecosystem.  Among its players are venture development organizations, educational institutions, venture capital firms, and incubators.  Our entrepreneurial ecosystem is one of the strongest in the nation and now serves as a model for the economic development plans evolving in other regions.

Less heralded, but equally important, is the youth entrepreneurship ecosystem that is thriving in the region. Youth programs are networked and build strength by learning from and connecting with each other.  The University School Entrepreneur Institute led by Greg Malkin is one uniting force providing lectures, teacher training, and Lemonade Day coordination.  Our four regional Junior Achievement organizations are linked through shared competitions, program ideas, and evolving evaluation techniques. Entrepreneurial Engagement Ohio led by John Klipfell helps teachers introduce entrepreneurship into the classroom and celebrates entrepreneurial accomplishments that inspire students for the future.   The Foundation constantly has its radar up to link people, ideas, and opportunities to build collaborative relationships for greater effectiveness and results.

When it is time for young entrepreneurs to head off to college, there are many great ways to for them to pursue their dreams right here in Northeast Ohio.  This fall, I was fortunate to attend the annual Entrepreneurship Extravaganza at Kent State University.  More than 400 high school students gathered for a day to hear from entrepreneurs about perseverance, adaptability, resourcefulness, and creativity.  They also heard about all the ways KSU can support their entrepreneurial aspirations as college students.  KSU is one of many fine collegiate entrepreneurship programs in the region, many of which participate in the JumpStart Higher Education Collaboration Council.

The success of our youth and collegiate entrepreneurship programs hinges on the willingness of caring adults to share their stories and expertise with our young people.  Mentoring opportunities through Junior Achievement and Lemonade Day are a great ways to get involved.  We hope that the stories in this issue of Venture Adventure will get your wheels turning about all the opportunities in the region to engage and inspire students to create entrepreneurial futures.

Deborah D. Hoover
President and CEO

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About the Foundation

The Burton D. Morgan Foundation is dedicated to the preservation of the free enterprise system, which Morgan considered America's "number one advantage over the rest of the world."

Burton D. Morgan
Burton D.
Morgan

1916-2003

Learn About His Legacy
Our Mission

To strengthen the free enterprise system by investing in organizations and institutions that foster the entrepreneurial spirit.

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