Foundations increasingly are tapping into the unique skills of institutions of higher education by partnering with them to support entrepreneurial growth within their surrounding communities. These foundations view institutions of higher education as the ideal partners to provide education and business services necessary for entrepreneurs to reach their potential. Several foundations recently have announced funding to support entrepreneurship development activities at universities including the Ratcliffe Foundation and the Allstate Foundation. The Blackstone Charitable Foundation also announced that it is accepting applications from institutions of higher education and nonprofit organizations to pilot, expand or replicate entrepreneurship initiatives.
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