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Stanford program receives $10 million grant
July 25, 2011

Innovative university program funded by the National Science FoundationThe National Science Foundation recently announced that it will award Stanford University a $10 million grant. The funds will be dispersed to the school over a period of five years and will support the Standford Technology Ventures Program.

Located at the School of Engineering, the STVP is intended to help students dedicated to science and technical subjects become more savvy entrepreneurs. Officials with the school hope the program will help create a sustainable economic climate for its technology-minded student body, as well as improve the educational resources of other engineering programs offered at partner colleges.

"This center is an opportunity for U.S. engineering educators to openly share knowledge about preparing students to be entrepreneurial leaders," said Stanford professor Tom Byers. "With the participation of faculty across America, the center will fundamentally change how engineers are educated in this country."

The center will most likely plug into new technology to teach its students. Accordingly, professors may consider using educational technology, such as an architectural design computer program, a high-tech laptop or a DLP projector, to teach students core engineering concepts.

"The hope is to link innovation-savvy students with revolutionary technology companies, and influence significant job creation," said Kathleen Eisenhardt, another professor involved with the program.
 

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