William Paterson University’s current students, alumni and members of the general public can formulate business ideas and develop socially responsible innovations for their prospective or existing organizations through the Cotsakos College of Business’ new Center for Socially Responsible Entrepreneurship and Innovation.
Announced by the Wayne-based institution on Aug. 19, the Center will support individuals from diverse backgrounds in developing organizations that align economic, social and environmental goals, and guide them in generating economic prosperity, environmental sustainability and social inclusion.
“Economic activities have shifted as we move beyond the pandemic and many businesses, such as those led by women and minority entrepreneurs, need support to recover and evolve their organizations,” says Anthony Bowrin, dean of the Cotsakos College of Business. “This Center will support both entrepreneurship and intrapreneurship by enabling individuals from diverse backgrounds and career interests to create their new startups or develop their existing organizations.”
Plans feature educational services integrated with academic programs in a variety of disciplines, including science, technology, engineering and math (STEM); arts; social sciences; and health, among others.
The Center’s initial offerings will include flexible e-learning opportunities, like a virtual New Venture Incubator course.
Participants can develop their for-profit or nonprofit organizations by completing online sessions supported by a community-based interactive approach. The Center will also produce research in entrepreneurship and innovation focusing on organizations that align economic, social and environmental goals.
“We formed this Center so that our highly qualified faculty can serve as a resource for entrepreneurs and support business development initiatives in the region, nationally, and internationally,” says Joshua Powers, provost and senior vice president for academic affairs.
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