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Ross Lauded for Entrepreneurship Education

9/23/2010 --

Princeton Review and Entrepreneur magazine rank Ross No. 3 among top 25 graduate entrepreneurship programs.

ANN ARBOR, Mich. — Underscoring its reputation as a national leader in entrepreneurship education, the Ross School is ranked No. 3 in the annual Top 25 Graduate Entrepreneurship Programs listing by the Princeton Review and Entrepreneur magazine.

Ross placed high in large part due to the innovative programs and courses offered by the school's Samuel Zell and Robert H. Lurie Institute for Entrepreneurial Studies (ZLI).

The Ross School's traditional management excellence, combined with ZLI's innovative real-world approach, exposes students to rigorous coursework and robust programs and events. Collectively, these initiatives set the standard for entrepreneurial skill-development and have helped launch the careers of thousands of business executives.

"As the institute continues to expand its substantial footprint on the entrepreneurial ecosystem within Ross and beyond, students will benefit from even greater multidisciplinary collaboration across campus and increased engagement with the outside entrepreneurial community," says Tom Kinnear, ZLI's executive director. "The University's reputation as a national leader in entrepreneurship education has been firmly established during the past decade and is once again recognized with this ranking. We look forward to continuing our efforts to set the standard for tomorrow's entrepreneurial leaders by offering new, robust programming and courses."

More than 2,000 schools were surveyed by the Princeton Review and evaluated based on key criteria in the areas of teaching entrepreneurship business fundamentals in the classroom, staffing departments with successful entrepreneurs, graduating students who actually create new ventures, excellence in mentorship, and providing experiential or entrepreneurial opportunities outside of the classroom, as well as nontraditional, distinguishable aspects of their programs. The complete rankings appear in the October issue of Entrepreneur.

Founded in 1999, ZLI is a catalyst and participant in groundbreaking entrepreneurial and venture capital initiatives at Ross, across the university, throughout the state, and around the globe. It has awarded more than $1.5 million for student startups and the cultivation of business ideas through its Dare to Dream grants program and Michigan Business Challenge business plan competition. The institute also provides students with "in-the-trenches" entrepreneurial experience through its Marcel Gani Internship Program. Most recently, ZLI partnered with the College of Engineering's Center for Entrepreneurship and the U-M Office of the Vice President for Research to establish and fund TechArb, a business accelerator that offers student entrepreneurs a place to launch and grow their own companies.

As part of its mission to provide unprecedented hands-on learning experiences for graduate students, ZLI offers a comprehensive and diverse family of student-led venture funds. This includes the pre-seed Frankel Commercialization Fund and the $5.5 million early-stage Wolverine Venture Fund, the first of its kind that has realized four successful exits including the only IPO of Intralase in 2004. In a groundbreaking move earlier this week, the institute also announced the addition of the Social Venture Fund, which will invest in for-profit social enterprises. The addition of the Social Venture Fund supports the educational mission of the Ross School in the areas of socially and environmentally driven venture investing and entrepreneurship.



For more information, contact:
Bernie DeGroat, (734) 936-1015 or 647-1847, bernied@umich.edu