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Management Department receives $10,000 internship grant
by Jim Karpen

The Review, Vol. 19, #14    Translate This Article
Fairfield, Iowa,, United States
21 April 2004

The School of Business and Public Administration has recently received a $10,000 grant from the Kauffman Center for Entrepreneurial Leadership that will support paid internships for five students.

The department has received a total of $200,000 in the past five years from the Kauffman Center.

'This grant is significant not just because it supports internships, but also because the Kauffman Center is the most prestigious organization that supports entrepreneurship,' said management professor David Goodman. 'We're excited about the recognition -- it shows we have a strong entrepreneurship program.'

This year the award is earmarked for interns who will help improve business processes, including applying principles of 'lean management.' Dr. Goodman said that lean management entails looking at every aspect of an organization to determine how processes can run more efficiently.

He anticipates that three of the internships will be allocated for nonprofit organizations, including Maharishi University of Management, and two for profit-making enterprises.

Students who are awarded the internships are expected to go into a business setting and take initiative in improving processes in areas such as marketing, data management, and efficiency in administration.

Internships will be awarded on a competitive basis to students who submit a proposal outlining a project. For more information, contact Dr. Goodman at ext. 5506.

In past years, students have done internships at Thaddeus Computing, Hawthorne Direct, Genetic ID, Institute for Natural Medicine and Prevention, Abundance Eco-Village, 8,000 Now, Maharishi University of Management, and the Consciousness-Based Education Association, among others.

The Kauffman Center for Entrepreneurial Leadership at the Ewing Marion Kauffman Foundation was established in 1992 by Ewing Marion Kauffman, who built a small pharmaceutical firm into a major health care company with more than $1 billion in sales at the time of its merger with Merrell Dow. The not-for-profit organization is located in Kansas City, Missouri, and pursues a 'vision of accelerating entrepreneurship in America.'

Copyright 2004, Maharishi University of Management

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