The Burton D. Morgan Foundation recently granted more than $2.5 million to Case Western Reserve University. The bulk of the money will go to Blackstone LaunchPad and the School of Law’s intellectual property center.
The foundation’s mission is to cultivate entrepreneurship and creativity through community outreach and networking.
Blackstone LaunchPad is an initiative focused on giving university students and alumni the skills necessary to start new companies. The foundation pledged $1.03 million through 2017 to the program at CWRU and other campuses in Northeast Ohio, including Baldwin Wallace University, Kent State University, and Loraine County Community College.
The School of Law’s IP Venture Clinic, which the foundation gave $679,400, gives students the opportunity to gain hands-on experience in business and intellectual property law. The program will use the grant to include more students from a greater geographical reach.
Along with the Burton D. Morgan Foundation grant, the IP center also recently received a $3 million donation from the Spangenberg Family Foundation, an organization established by the family of alumnus Erich Spangenberg.
“These grants will not only help to draw upon the abundant entrepreneurial talents at Case Western Reserve University, but also, through the services of the IP Venture Clinic, enhance the capacity of Blackstone LaunchPad to meet the many challenges entrepreneurs confront in the startup process,” said Deborah Hoover, the foundation’s president and CEO, in a press release.