Several UM programs assist business growth and foster entrepreneurshi

Boyce, Glenn F.

eGrove (Univ. of Mississippi)

University of Mississippi eGrove University of Mississippi News 2-1-2018 State Support Critical for Programs that Grow Mississippi's Economy Glenn F. Boyce Follow this and additional works at: https://egrove.olemiss.edu/umnews Recommended Citation Boyce, Glenn F., "State Support Critical for Programs that Grow Mississippi's Economy" (2018). University of Mississippi News. 4852. https://egrove.olemiss.edu/umnews/4852 This Article is brought to you for free and open access by eGrove. It has been accepted for inclusion in University of Mississippi News by an authorized administrator of eGrove. For more information, please contact egrove@olemiss.edu. Search this website … SearchInsight Park provides research park space wherebusinesses can take advantage of opportunities forcollaborative research and academic resources withUM researchers. Photo by Nathan Latil/Ole MissCommunicationsState Support Critical for Programs that GrowMississippi’s EconomySeveral UM programs assist business growth and foster entrepreneurshipFEBRUARY 1, 2018 BY GLENN F. BOYCEMississippi legislators believe in public highereducation in Mississippi. They believe in ourmission and support our work. We all know thevery difficult decisions they have had to makewith limited state revenue and competingpriorities. Limited state revenue affects all stateagencies and the services they are able toprovide to Mississippi citizens.Growing the economy, and subsequently staterevenue, gives the budget writers more to workwith and helps all state agencies, not just theuniversity system. Mississippi public universitieshelp grow the economy in a number of ways,including preparing students to enter the workforce, conducting research that helps businesses growand supporting entrepreneurs as they launch their businesses.The University of Mississippi has several entities to encourage and support entrepreneurs, whetherstudents, faculty or community members. Innovate Mississippi is committed to assisting technologyentrepreneurs and emerging companies to develop business strategies, find funding and help thebusinesses grow.Insight Park, a 19-acre research and business park adjacent to the Ole Miss campus, provides adynamic research park where businesses can take full advantage of opportunities for collaborativeresearch and academic resources. The Division of Technology Management aids in thecommercialization of technologies and intellectual property developed by UM faculty, staff and studentpersonnel.Last fall, the university hosted the Innovation and Entrepreneurship Panel, highlighting the ways theuniversity supports entrepreneurs and their creative ideas.The university’s Center for Innovation and Entrepreneurship provides students with the knowledge,skills and experience necessary to become successful entrepreneurs. All the center’s offerings helpstudents learn to create innovative companies that provide valuable services, products and employment.Some of its programs include the annual Edwin C. Gillespie Business Plan Competition, held at the endof the spring semester; the Landshark Tank Pitch Competitions, which provide an opportunity forstudents to present their business concept in less than two minutes; and the Rebel Venture CapitalFund, which is an alumni-established nonprofit entity created to financially support student start-upbusiness with seed money grants.A similar program at Mississippi State University, the Bulldog Angel Network, was established by anMSU alumnus to connect entrepreneurs with funding opportunities and allows MSU alumni and others toinvest in companies founded by MSU students. It is also a separate entity from the university.MSU’s Center for Entrepreneurship and Outreach moved into a new 2,000-square-foot facility in 2016and has continued to grow. The center works with 99 entrepreneurship teams representing studentsfrom every academic college in the university, up from about 30 teams in 2014.In fiscal year 2017, the center received $5.52 million in grants to spur innovation among students, U.S.armed services veterans and MSU researchers. These grants include a $495,300 National ScienceFoundation grant to create an I-Corps site at MSU to help the university broaden the economic reach ofits research and innovation by providing infrastructure, advice, resources, networking opportunities,training and modest funding to enable groups to transition their work into the marketplace.Read the story …Read the story …Follow us on socialCampus BriefsStudents Learn ‘Real Politics’ inWashington, D.C., Winter SessionOXFORD, Miss. – Eleven University ofMississippi students spent their winterbreak learning about the people who workbehind the scenes of the Americangovernment in Washington, D.C. Lead byJonathan Klingler, assistant professor ofpolitical science, the students of Pol 391:Applied Politics met not with candidates,but with the people who make candidates’More Posts from this CategoryThank You To OurDonorsYoung Alumna Gives Back to Schoolof AccountancyOXFORD, Miss. – Stephanie JenningsTeague, of Chicago, sees her commitmentof $100,000 to the Patterson School ofAccountancy‘s new building at theUniversity of Mississippi as a means ofsaying “thank you.” “It is a way to show asmall token of my appreciation to OleMiss, the faculty and staff, and theaccountingMore Posts from this CategoryOle Miss In the NewsReuters: Keep an Eye on the MoneySupplyU.S. inflation roller coaster prompts freshlook at long-ignored money supply ByMichael S. Derby NEW YORK – Theamount of money sloshing around the U.S.economy shrank last year for the first timeon record, a development that someeconomists believe bolsters the case forU.S. inflation pressures continuing toabate. The Federal Reserve’sNews Releases UM COVID-19 Video Gallery University Communications Ole Miss Homepage Ole Miss News BlogFacebookTwitterLin edInEmailCopyLinkSMSPrintFriendlySharFacebookTwitterInstagramLinkedInYouTubeChannelMSU also received a Small Business Administration grant of $4.3 million over five years to provide online“Boots to Business” training to assist veterans with starting and growing businesses.At the University of Southern Mississippi, the Trent Lott National Center for Economic Development andEntrepreneurship provides outreach services through the Mississippi Defense Diversification Initative, theDepartment of Economic Development, Tourism and Sport Management, the Center for Logistics Tradeand Transportation, Mississippi Polymer Institute, the Southern Entrepreneurship Program and the USMSmall Business Development Center.Southern Entrepreneurship Program is a service of the USM College of Business that provides businessdevelopment and opportunity recognition skills to students and educators in Mississippi high schools.Established in 2007, the program enhances existing classes, curricula and clubs through regional,virtual and statewide events and training opportunities.Working with more than 50 high schools, SEP trains more than 500 high school students and educatorsannually, reaching more than 3,500 aspiring entrepreneurs since its inception.When asked about the mission of the universities, many Mississippians picture the student in theclassroom, which is certainly at the core of our mission. However, the full scope of our mission is muchlarger and encompasses much more, including these entrepreneurship programs that are all designed tohelp Mississippi businesses succeed and grow Mississippi’s economy.Strong state support and funding are critical to sustaining these programs and helping universities fulfilltheir mission of teaching, research and service.Glenn F. Boyce is the Mississippi commissioner of higher education.FILED UNDER: FEATURED NEWS, NEWS RELEASESRead the story …More Posts from this CategoryRetu rn  to  to p  o f  p a ge Copyright © 2023 · Th e Un iversity  o f  M ississ ip p i

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State Support Critical for Programs that Grow Mississippi\u27s Economy

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State Support Critical for Programs that Grow Mississippi\u27s Economy

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