The partnership called Blackstone LaunchPad was developed in 2008 at the University of Miami, where organizers say it generated 65 start-up ventures and 120 jobs and involved 2,000 students.
CLEVELAND - Two foundations have pledged $3.2 million to help train a new generation of entrepreneurs at four northeast Ohio campuses.
The three-year partnership was announced Friday by the Blackstone Charitable Foundation of New York and the Burton D. Morgan Foundation in suburban Cleveland.
The grants will be shared by Baldwin-Wallace College, Case Western Reserve University, Kent State University and Lorain County Community College. Campus leaders planned to detail the program at a morning news conference.
The goal is to give students and alumni skills and guidance to start new companies. It's part of a $50 million initiative sponsored by the Blackstone foundation.
The partnership called Blackstone LaunchPad was developed in 2008 at the University of Miami, where organizers say it generated 65 start-up ventures and 120 jobs and involved 2,000 students.







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