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CONTACT: GARY GALLUZZO
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e-mail: gary-galluzzo@uiowa.edu

Release: May 17, 2002

College of Engineering announces Storer Entrepreneurial Start-up Awards

The University of Iowa College of Engineering has announced that college alumnus and entrepreneur Hubert E. Storer, president, owner and founder of Storer Equipment Company of Shreveport, La., has established the Hubert E. Storer Engineering Student Entrepreneurial Start-up Awards.

The annual awards, funded by a $100,000 endowment, will provide $2,500 of initial financial support for two College of Engineering students' technological business plans. All currently enrolled UI College of Engineering undergraduate and graduate students are eligible to apply.

Student applicants may apply by submitting formal written business plans to the College of Engineering Dean's Office, where a review panel will judge the entries and recommend to the dean two finalists. Undergraduate student recipients may register their awards as qualified internships on their transcripts, and all recipients will have access to an entrepreneurial mentor provided by the John Pappajohn Entrepreneurial Center. Additional information may be obtained by contacting the UI College of Engineering at (319) 335-5764 or engineering-adm@uiowa.edu.