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The Kansas University Center for Entrepreneurship, based out of the KU School of Business, won a half-million dollar federal grant to continue funding the program, the university announced Wednesday.
The five-year, $525,000 grant was awarded by the U.S. Department of Commerce's Economic Development Administration. It matched, dollar for dollar, private funds raised by the university to total more than $1 million for the center.
The money will go toward funding programs such as RedTire, KU Entrepreneurship Works, Entrepreneurship Education for Everyone and Jayhawk Consulting as well as studies on economic and entrepreneurial development.
The Center for Entrepreneurship promotes entrepreneurship and entrepreneurial attitudes among students and faculty.