The Burton D. Morgan Foundation has approved nearly $1.7 million in grants for initiatives to support entrepreneurs and entrepreneur education in Northeast Ohio.
“We are excited to support Northeast Ohio’s entrepreneurial ecosystem with this package of grants for organizations representing youth, collegiate and adult entrepreneurship programming,” President and CEO Dan Hampu said in a prepared statement. “We look forward to learning of the impact of these grants on our community and its diverse and talented group of entrepreneurs.”
Trustees approved the grants at the January board meeting for the Hudson-based foundation. Here are the recipients and grant amounts:
Bounce Innovation Hub: $937,500 to support existing programming and to purchase equipment/outfit classrooms over two years.
Greater Akron Chamber Foundation: $41,752 to support the Business Resource Navigator and the Polymer Connectivity Cluster.
Hiram College: $88,000 to support Center for Integrated Entrepreneurship activities over two years.
Northeast Ohio Hispanic Center for Economic Development: $200,000 to support construction of the CentroVilla25 facility, an adaptive reuse of a warehouse in Cleveland’s Clark-Fulton neighborhood.
SEA Change Inc.: $40,000 to support SEA Change’s 2023 Northeast Ohio Cohort.
The Entrepreneurs EDGE: Up to $57,600 to support the EDGE Fellows program.
The Well Community Development Corp.: $87,000 to support Akron Food Works.
University School: $215,000 to support the 2023 Enspire Conference.
Other grants to support entrepreneurship include:
BRITE: $20,000 for general operating support.
Council of Friends Groups of Akron-Summit County Public Library: $10,000 to support a pitch competition.
Downtown Akron Partnership: $20,000 to support the Start Downtown program.
Kent State University Foundation: $19,750 to support the 2023 Fashion/Tech Hackathon.
Project Invent: $20,000 for teacher fellowships at Northeast Ohio Title I schools.
VentureWell: $20,000 to sponsor OPEN 23 and the Deshpande Symposium.
Youngstown State University Foundation: $10,000 to support entrepreneurial pathways, co-curricular offerings and microgrants.
The foundation also awarded one-time grants outside its primary mission to:
American National Red Cross: $30,000 for disaster relief related to Hurricane Ian.
Children’s Advocacy Center of Portage County: $25,000 for general operating support.
Conservancy for Cuyahoga Valley National Park: $25,000 for the River Access Improvement Project.
Happy Trails Farm Animal Sanctuary: $10,000 for general operating support.
Northeast Ohio Medical University Foundation: $25,000 for support of the Student Run Free Clinic.
Ohio & Erie Canalway Coalition: $25,000 for the Civic Commons Project.
Project LEARN of Summit County: $25,000 for general operating support.
Rape Crisis Center of Medina and Summit Counties: $25,000 for general operating support.
Stewart’s Caring Place: $25,000 for general operating support.
United Disability Services: $25,000 for general operating support.
Philanthropist Burt Morgan established the foundation in 1967. Its mission is to champion the entrepreneurial spirit, contribute to a robust entrepreneurial ecosystem and serve as a leader in the field of entrepreneurship education.
Originally posted on Akron Beacon Journal
February 15, 2023