BUFFALO, N.Y. -- A $75,000 grant from the Allstate Foundation
will help support initiatives for minority and women entrepreneurs
at the University at Buffalo School of Management’s Center
for Entrepreneurial Leadership (CEL) while also funding a new pilot
Since 2005, the Allstate Foundation has helped fund the Allstate
Minority and Women Emerging Entrepreneurs program (MWEE), a joint
venture by the CEL and the UB Center for Urban Studies. This
year’s grant includes a $16,000 increase to pilot a new
program, which is based on the MWEE principles, but physically
transplanted into an economically challenged Buffalo community.
The MWEE program is designed to help participants move their
companies to the next stage of development by forging relationships
with successful business owners, setting objectives and outcomes
for business plans, connecting with existing resources and more. A
record 32 business owners have been accepted into the 2013-14
program, up from 18 last year.
“The program helps participants build valuable skills and
strengthens the Western New York economy by helping to create
viable and sustainable businesses,” said Thomas Ulbrich,
executive director of the CEL. “The continued support of the
Allstate Foundation has enabled more than 170 graduates to become
more focused and strategic in their businesses.”
The Allstate Foundation, a charitable organization funded by
subsidiaries of Allstate Insurance Corp., provides philanthropic
grants to nonprofit organizations. With a focus on teen safe
driving and building financial independence for domestic violence
survivors, The Allstate Foundation also promotes safe and vital
communities; tolerance, inclusion and diversity; and economic
Established in 1987, the CEL provides participants with
individualized and interactive education in entrepreneurship. More
than 900 CEL alumni employ more than 22,000 Western New Yorkers,
and their businesses are worth more than $2 billion to the local
economy. For more information, visit http://mgt.buffalo.edu/cel.
The UB School of Management is recognized for its emphasis on
real-world learning, community and economic impact, and the global
perspective of its faculty, students and alumni. The school also
has been ranked by Bloomberg Businessweek, the Financial Times,
Forbes and U.S. News & World Report for the quality of its
programs and the return on investment it provides its graduates.
For more information about the UB School of Management, visit http://mgt.buffalo.edu.