The University of North Carolina at Chapel Hill is one of 15 universities in line to share in $25 million in grants from the Kauffman Foundation.

Some 30 institutions were invited to submit early ideas about fostering a spirit of entrepreneurship on campus. Fifteen advanced to a second stage and were each awarded a $50,000 grant to prepare a comprehensive plan for final review in December.

The Kauffman Foundation is based in Kansas City.

“We hope to effect nothing less than a cultural transformation,” said Carl Schramm, president and chief executive officer of the Kauffman Foundation, in a statement. “These grants will unleash the power of entrepreneurship on campus. We want all students – not just those enrolled in business or engineering schools – to have access to the skills, orientation and networks that lead to greater opportunities for them and result in more jobs, innovation and prosperity for America.”

In addition to UNC, the other institutions competing are:

Florida International University
Howard University
Purdue University
Syracuse University
University of California-San Diego
University of Illinois
University of Maryland-Baltimore County
University of Memphis
University of New Mexico
University of Rochester
University of Texas-El Paso
University of Wisconsin
Wake Forest University
Washington University

Kauffman Foundation: