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July 17, 2000

Brooklyn College Awarded $125,000 from Kauffman Center

To Establish Entrepreneurial Internships

Grant Opens Door to Dot-Com World

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Alice Newcomb-Doyle (718) 951-5882

adoyle@brooklyn.cuny.edu

     Brooklyn, N.Y. -Brooklyn College students who are eager for first-hand experience in the world of business, especially the high-tech sector, and e-commerce, are about to get their wish.

     The Kauffman Entrepreneur Internship Program, established with grants totaling $125,000 from the Ewing Marion Kauffman Center for Entrepreneurial Leadership, will enable qualified undergraduates to work closely with top managers of small, start-up businesses to learn the challenges of building a business. Some interns will be selected to work with leaders of small, innovative not-for-profits in a social entrepreneurship program.

     Participating businesses and organizations will benefit from the skills of talented students in the College's honors program who are majoring in business, management and finance, and computer science. The stipends will cover up to two-thirds of the interns' salary.

     Brooklyn College President Christoph M. Kimmich noted that "this is a terrific opportunity for our students."

     More than 90 percent of the Kauffman grant funds will provide stipends to the interns to supplement wages paid by participating companies.

     These prestigious grants are a coup for Brooklyn College, which joins an impressive group of private colleges and business schools. The College is the first institution to receive both the for-profit and not-for-profit sector internship awards in the same year.

     "We are very pleased that the Kauffman Foundation has recognized our efforts to expand both our entrepreneurship and internship programs," said Gregory Kuhlman, director of the College's Career Services Center.

     These programs are made possible by $100,000 (for-profit) and $25,000 (not-for-profit) grants from the Kauffman Center for Entrepreneurial Leadership at the Ewing Marion Kauffman Foundation. Entrepreneur Ewing Marion Kauffman, who built a small pharmaceutical firm into a major health care company with more than $1 billion in annual sales, established the Kauffman Center in 1992.

     Interested businesses may contact Rochelle Shapiro at (718) 951-5774, or at Sshapiro@brooklyn.cuny.edu

     Brooklyn College, founded in 1930 and located on a twenty-six acre tree-lined campus in Flatbush, is one of the eleven senior colleges of the City University of New York. It enrolls 15,000 undergraduate and graduate students who are representative of the diverse population of Brooklyn and New York City. The school is nationally known for its core curriculum, which has been hailed as one of the "bright spots" in American higher education.
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