WINSTON-Wake Forest University has been selected as one of eight schools to receive a $2.16 million grant from the Ewing Marion Kauffman Foundation to further entrepreneurship on campus.

In July, the foundation selected 15 universities nationwide to apply for the grants. Wake Forest presented its proposal to the foundation’s board in Kansas City, MO, on Dec. 11. The grant was awarded Dec. 15.

The grant, which will be matched by university fundraising, will allow Wake Forest over the next five years to establish an office of entrepreneurship and liberal arts, add new courses and faculty, create a university Center for Entrepreneurship, and develop a fifth-year entrepreneurship institute for recent university graduates pursuing new ventures.

“We believe Wake Forest possesses a unique ability to develop a model for making entrepreneurship part of the campus culture at a liberal arts university,” said William Gordon, provost and acting president of Wake Forest. “This grant from the Kauffman Foundation will help us provide a strong foundation in entrepreneurship teaching, research and outreach.”

Wake Forest: