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Burton D. Morgan Foundation awards $982,500 in grants

Beacon Journal staff report

The Burton D. Morgan Foundation announced this week it has distributed grants totaling $982,500 following its June meeting.

Recipients support programs that focus on entrepreneurship for youth, college students and adults.

The latest round of grants, which the foundation awards three times a year, includes an additional $350,000 for the Fund for Our Economic Future. The fund, in its 10th year, aims to strengthen the economic competitiveness of Northeast Ohio through grant-making, research and civic engagement.

Additional grants approved in June include:

• Akron Area YMCA, $16,000 for a business boot camp and entrepreneurship program for youth.

• Akron Community Service Center and Urban League, $20,000 for the Partnership for the Minority Business Accelerator.

• Akron Public Schools, $50,000 over two years to develop the Akron STEM High School’s entrepreneurship program and to equip the school’s Entrepreneur Learning Lab.

• Austen BioInnovation Institute in Akron, $100,000 for the entrepreneurship graduate internship program and for the Technology Development Fund.

• Bad Girl Ventures, up to $25,000 for Cleveland operations and for an Akron pilot program.

• BioEnterprise, up to $200,000 for business development and entrepreneurial assistance and for the graduate internship program in 2014.

• Entrepreneurial Engagement Ohio, $55,000 for Northeast Ohio programs in 2013-14, including the new Introduction to the Innovation Economy of Northeast Ohio online course.

• Hiram College, $30,000 for the Center for Integrated Entrepreneurship.

• JumpStart Inc., $20,000 for meeting coordination and facilitation, communications and strategy implementation associated with the regional “Gazelles Strategy” initiative.

• Oberlin College, $40,000 for entrepreneurship programming.

• University School, $56,500 to support entrepreneurship programs and outreach, including the startup of the Young Entrepreneur Marketplace in 2013-14.

• University School, $20,000 to support Lemonade Day activities in Northeast Ohio in 2014.

Since February, the Burton D. Morgan Foundation also has approved a number of small grants to support youth, collegiate and adult entrepreneurship programs.

Among those recipients are: Akron Area Arts Alliance for the Artists Entrepreneurship Institute in Summit County, $5,000; Kent State University Foundation for the Burton D. Morgan Foundation Technology Endowment, $3,720; Learning About Business Inc. for its LAB Week program, $10,000; and Wooster schools for the 2013 Youth Entrepreneurship Summer Academy, $5,000.

The following grants also were made to support programs in Hudson, the foundation’s home community: Hudson Bandstand for the 2013 Hudson Summer Music Festival, $2,000; and the Hudson Rotary Foundation, $1,000 for scholarship support.

The Burton D. Morgan Foundation was established in 1967.

It supports entrepreneurship and entrepreneurship education programs.

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