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University of Iowa Foundation Release


Sept. 7, 2007

Carver Trust Grant funds high school entrepreneurship curriculum

Using a two-year, $170,000 grant from the Roy J. Carver Charitable Trust of Muscatine, Iowa, the University of Iowa will develop an enhanced curriculum in entrepreneurship for high school students.

Two units of the UI's Henry B. Tippie College of Business -- the Richard O. Jacobson Institute for Youth Entrepreneurship, and the John Pappajohn Entrepreneurial Center (JPEC) -- will collaborate on the curriculum project funded by the Carver Trust grant, which was made through the UI Foundation.

"Through the development of the YouthBizCentral online curriculum, high school students and educators will have access to top-quality entrepreneurship curriculum and classroom resources," Bowlus said. "Students will have the ability to learn about entrepreneurship and develop a personalized business plan. The Carver grant allows us to further enrich the curriculum through development of specialized modules in core academic areas such as math and science."

Curt Hunter, dean of UI Tippie College of Business, said, "The award from the Carver Trust allows us to focus our attention and energies on developing a distinctive curriculum for teaching youth about entrepreneurship and the process of starting a business. This particular initiative would not have been possible without the Carver Trust, and their support gives us the opportunity to further our position as leaders in youth entrepreneurship education."

The Carver Trust was created through the will of Roy J. Carver, a Muscatine industrialist and philanthropist, who died in 1981. It is the largest private philanthropic foundation in the state of Iowa, and has awarded nearly 1,200 individual grants since 1987.

The Jacobson Institute for Youth Entrepreneurship is part of a broader entrepreneurship initiative at the university that began in 1996 with a gift from John and Mary Pappajohn of Des Moines that established the John Pappajohn Entrepreneurial Center (JPEC), a partnership among the UI's Henry B. Tippie College of Business, College of Engineering, College of Liberal Arts and Sciences and programs within the UI health sciences units -- including the UI Roy J. and Lucille A. Carver College of Medicine -- that provides comprehensive entrepreneurial education programs for all Iowans. The Jacobson Institute was created by a generous endowment gift from Richard O. "Dick" Jacobson.

The UI acknowledges the UI Foundation as the preferred channel for private contributions that benefit all areas of the university. For more information, visit the foundation's web site at

STORY SOURCE: UI Foundation, P.O. Box 4550, Iowa City, Iowa 52244-4550

MEDIA CONTACT: Tami Baumann, University of Iowa Foundation, 319-335-3305,; Writer: Forrest Meyer