August 12, 2013

Contact: David Foreman

Bucknell is teaming with Accenture to help promote innovation and entrepreneurship to Bucknell's undergraduate students and faculty. Accenture has awarded the University a $50,000 grant through its Skills to Succeed, global corporate citizenship initiative, which focuses on advancing employment and entrepreneurship opportunities in both mature and emerging markets.

"For generations, Bucknell alumni have pioneered new technologies, championed game-changing business ideas and addressed our most pressing social problems through creative social entrepreneurship initiatives," said Keith Buffinton, dean of Bucknell's College of Engineering. "Accenture's generous support will help our most promising young men and women continue to engage in Bucknell's entrepreneurial spirit."

Accenture's Skills to Succeed initiative aims to equip 500,000 people around the world by 2015 with the skills to get a job or build a business. This grant will help Bucknell students develop business ideas, lead campus-wide initiatives promoting entrepreneurship and work with small business clients through the Bucknell University Small Business Development Center (SBDC). The money will help faculty members explore new methods of teaching entrepreneurship through extracurricular activities that emphasize innovation. Both faculty and students will have opportunities to visit corporate and nonprofit sites that value and encourage new ways of solving problems that benefit local communities.

As part of this grant, Bucknell will convene students interested in innovation and entrepreneurship and discuss how entrepreneurship occurs in and affects a variety of business environments and local communities. Students will be able to develop their ideas into tangible products and services through prototypes, testing, market analysis and cost development. Additionally, they will learn how to develop and pitch a business plan and gain experience working in a small business, new venture or community organization setting. This grant will enable Bucknell to reach its students in ways that extend beyond traditional curriculum to develop real and tangible skills that will also help small business owners in the community.

Additionally, this grant will enable over 60 Bucknell alumni who currently work at Accenture to support and mentor undergraduates as they develop their projects.

"Bucknell strives to foster an environment of innovation and entrepreneurship that will help prepare students for a lifetime of success," said Michael Johnson-Cramer, director of Bucknell's School of Management. "Our partnership with Accenture reinforces that mission. This grant will enable our students and faculty to make profound contributions to both the University and to the global community."

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