UMBC's ACTiVATE Program Receives Prestigious Award. Recognition Affirms
Program's Status as a Leading Innovator in Educating Entrepreneurs
ACTiVATE, a program of the University of Maryland, Baltimore County
(UMBC) that trains mid-career women to start and manage technology
ventures, was honored by a leading national entrepreneurship
organization on Saturday, January 12, 2008. The program received the U.S. Association
for Small Business and Entrepreneurship's (USASBE) award for Best
Specialty Entrepreneurship Education Program. Presented at the
organization's annual conference in San Antonio, Texas, the award was
based on each program's innovativeness, uniqueness, quality,
effectiveness, comprehensiveness, sustainability and transferability.
Julie Kirk, lead instructor for ACTiVATE, Vivian Armor, director of UMBC's
Alex. Brown Center for Entrepreneurship, and Stephen Auvil, director of
UMBC's Office of Technology Development, represented ACTiVATE at the
conference.
"The winner is the one program that demonstrates a fresh approach to
adding new meaning to entrepreneurial education," said judging panel
member Stan Mandel, an executive professor at the Babcock Graduate
School of Management at Wake Forest University and director of the
school's Angell Center for Entrepreneurship. "This was clearly
demonstrated by UMBC in the ACTiVATE program--a great concept,
implemented well, with outstanding participants."
"The program validates the premise that women are fully leaders and
innovators in technology and business development, not just consumers," said
Claudia Morrell, Executive Director of CWIT and the visionary behind the
idea to make this program focused exclusively on women. "Women are the
fastest growing group of entrepreneurs in the country. That combined with
the rich technology resources in the region, provided all the ingredients
for the success we are seeing."
ACTiVATE is a year-long program that utilizes technologies developed by
Maryland's universities and research institutions and trains women with
significant technical or business experience to start companies based on
those technologies. In the first three years of the program, ACTiVATE
has trained 72 women. To date, 15 companies have been founded by
ACTiVATE graduates.
An acronym for Achieving the Commercialization of Technology in Ventures
Through Applied Training for Entrepreneurs, ACTiVATE is a joint program
among Alex. Brown Center for Entrepreneurship, bwtech@UMBC Research and
Technology Park, Office of Technology Development and the Center for
Women in Technology (CWIT). Sponsors include the National Science
Foundation, Ewing Marion Kauffman Foundation, Maryland Technology
Development Corporation, Whiteford, Taylor and Preston, Constellation
Energy, Wachovia Bank, Lion Brothers and Corporate Office Properties
Trust (COPT).
Classes are held on Monday evenings, from January through December, and
one Saturday per month at the bwtech@UMBC Incubator near UMBC's main
campus in Catonsville. Six of the companies founded by ACTiVATE
graduates have entered bwtech@UMBC's incubator program.
For more information, see the ACTiVATE web site.
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