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Center for Entrepreneurial Leadership Receives Grant

Release date
May-10-2011

Contact
Jacqueline Molik Ghosen
716-645-2833
ghosen@buffalo.edu

BUFFALO, N. Y. -- The University at Buffalo School of Management’s Center for Entrepreneurial Leadership (CEL) received a grant of $55,800 from the Allstate Foundation for its Allstate Minority and Women Emerging Entrepreneurs program.

The program is a joint venture by the CEL and the UB Center for Urban Studies. It is designed to help minority and women entrepreneurs move their companies to the next stage of development.

The Allstate Foundation, a charitable organization funded by subsidiaries of Allstate Insurance Corp., provides philanthropic grants to nonprofit organizations whose programs fit within specified criteria for community development, tolerance, inclusion, diversity and economic empowerment. It has helped fund the Allstate Minority and Women Emerging Entrepreneurs program since 2005.

“We are very grateful for the Allstate Foundation’s continuing support of the Allstate Women and Minority Emerging Entrepreneurs program,” says Thomas Ulbrich, executive director of the CEL. “This program not only benefits individual entrepreneurs, but it also helps to create viable and sustainable businesses in Western New York, strengthening the economy of our region.”

More than 150 individuals have graduated from the program in the last seven years.

The UB School of Management is recognized for its emphasis on real-world learning, community and economic impact, and the global perspective of its faculty, students and alumni. The school has been ranked by Bloomberg Businessweek, the Financial Times, Forbes, U.S. News & World Report and The Wall Street Journal for the quality of its programs and the return on investment it provides its graduates. For more information about the UB School of Management, visit mgt.buffalo.edu.

The University at Buffalo is a premier research-intensive public university, a flagship institution in the State University of New York system and its largest and most comprehensive campus. UB’s more than 28,000 students pursue their academic interests through more than 300 undergraduate, graduate and professional degree programs. Founded in 1846, the University at Buffalo is a member of the Association of American Universities.