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Michigan Business School's Domestic Corps Gains National Recognition

10/22/2003 --

ANN ARBOR, Mich.---Two projects that were part of the University of Michigan Business School Domestic Corps program have received national recognition for excellence in community service and economic development by the National Association of Management and Technical Assistance Centers (NAMTAC).

Domestic Corps projects in Alaska and American Samoa received NAMTAC Project-of- the-Year Awards, which are given annually to identify outstanding efforts in assisting NAMTAC members¿ clients to become more globally competitive, more viable in their fields of expertise or more capable of delivering services to the public sector.

Domestic Corps provides action-based internship opportunities for MBA and BBA students with non-profit organizations in economically distressed and culturally diverse areas of the United States. The award-winning projects in Alaska and American Samoa represent two of the more than 200 Domestic Corps fellowships since the program started in 1992.

The Alaska project helped establish a regional conference and training center in St. Mary¿s, Alaska, that brought new jobs to the area and helped restore vitality to this regional economic hub in western Alaska. Student Chris Booms spent summer 2000 working with students and faculty at the University of Alaska and Western Kentucky University to complete a feasibility study, business plan and local leadership training that resulted in the creation of a non-profit consortium and, ultimately, the St. Mary¿s Regional Conference and Training Center.

¿It is a great honor for me to see the work that we did with the community recognized for its leadership in pulling resources together to collaborate on a worthy project and deliver such positive changes to the community,¿ said Booms, who graduated from U-M with a BBA in 1995 and master¿s in public policy in 2000.

The American Samoa project provided technical assistance to the Development Bank of American Samoa (DBAS), which faced possible closure due to severe financial and internal management problems. Students Diego Salcedo and Gennadi Kourkin, both of whom graduated with MBAs from the Michigan Business School in 2003, worked with students and faculty at the University of Hawaii and various government officials in summer 2002 to help the DBAS successfully turns its operations around.

¿My summer at the DBAS was probably the most rewarding experience of my life,¿ Diego said. ¿Now that I am in the corporate world, I look back and can¿t help but think of how wonderful it was to have been a part of such an amazing and meaningful experience.¿

Established in 1992 as part of the Business and Industrial Assistance Division at the Michigan Business School, Domestic Corps provides non-profit organizations with direct access to the expertise, experience and extensive resources of the Michigan Business School, while encouraging future business leaders to take an active role in building stronger communities.

Supported by the generous assistance of various corporate, foundation and individual sponsors, Domestic Corps has placed more than 200 students in more than 80 non-profit organizations across the country. For more information, visit www.domesticorps.bus.umich.edu or contact Linda Song Wendel at (734)998-6640 or lindasw@umich.edu.



For more information, contact:
Bernie DeGroat
Phone: 734.936.1015 or 734.647.1847
E-mail: bernied@umich.edu