Carl Schramm Joins Center for Venture Education Board.Business Editors/Education Writers SHAWNEE MISSION, Kan.--(BUSINESS WIRE)--April 7, 2004 The Kauffman Fellows Program of The Center for Venture Education today announced that it has elected Carl J. Schramm to its board. Schramm is the president and chief executive officer of the Ewing Marion Kauffman Foundation, the largest foundation to focus on advancing entrepreneurship across America. The Kauffman Fellows Program was created in 1994 as a two-year formal educational program for prospective venture capitalists Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. and would-be CEOs of venture-backed start-ups. Its graduates include 52 venture capitalists with 29 as general partners; four venture firm founders, and seven CEOs of venture-backed start-ups, as well as leaders in education, business development and public policy. Initially created as part of the $1.8 billion Kansas City-based Kauffman Foundation, it is now an independent entity under the auspices aus·pi·ces 1 n. Plural of auspex. auspices Noun, pl under the auspices of with the support and approval of [Latin auspicium augury from birds] Noun of the Center for Venture Education. "Carl brings a wealth of talent to our board and a new depth of leadership and vision to our entrepreneurial focus," commented Trish Costello, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Kauffman Fellows Program. "The Kauffman Foundation's groundbreaking work and thought leadership in entrepreneurship, including technology transfer, and women and minority growth businesses, makes it the ideal partner with which to continue building the Kauffman Fellows Program." "This is an exciting year for the Kauffman Fellows Program given both its national and international expansion, and I'm honored to serve on its board," said Carl Schramm. "Now more than ever, we have a need for excellent early stage venture investors who understand and respect both the entrepreneur and the venture building process. I look forward to working with this great team as we build on the current programs and continue to provide the best educational platform available to the industry." Previously, Schramm was chairman of Greenspring Advisors, Inc., a Baltimore-based merchant-banking firm he founded to support business development in health care and insurance. He has served as entrepreneur in residence An Entrepreneur In Residence (EIR) is an entrepreneur who partners with a venture fund.. EIR A role as an entrepreneur in residence (EIR) with a venture fund is a very coveted role for many entrepreneurs. at the Kogod School of Business History Founded in 1955 as the School of Business Administration, the School was the first business school in Washington, DC and housed in the McKinley Building. In 1979, Robert Kogod, a major real estate developer and president of the Charles E. at American University American University, at Washington, D.C.; United Methodist; founded by Bishop J. F. Hurst, chartered 1893, opened in 1914. It was at first a graduate school; an undergraduate college was opened in 1925. Programs provide for student research at many government institutions. in Washington, D.C., and as professor of health policy and management in the School of Public Health at The Johns Hopkins University Johns Hopkins University, mainly at Baltimore, Md. Johns Hopkins in 1867 had a group of his associates incorporated as the trustees of a university and a hospital, endowing each with $3.5 million. Daniel C. in Baltimore. Over the past 20 years, Schramm has been instrumental in the health care industry. He founded HCIA HCIA Hungarian Chemical Industry Association HCIA Hazardous Chemicals Information Act HCIA Hague Convention on Intercountry Adoption , a health information technology company and in 1999, Schramm co-founded Patient Choice Health Care, Inc., in Minneapolis, where he serves as vice chairman of the board. From 1992 to 1996, he served as executive vice president of Fortis, Inc. and was CEO of the Health Insurance Association of America, where he established the association's "Insurance for All Americans" initiative and created "HiWire," an interactive information exchange. In 1980, Schramm founded The Johns Hopkins Noun 1. Johns Hopkins - United States financier and philanthropist who left money to found the university and hospital that bear his name in Baltimore (1795-1873) Hopkins 2. Center for Hospital Finance and Management where he directed the Robert Wood Johnson Foundation Robert Wood Johnson Foundation, charitable organization devoted exclusively to health care issues. It was established in 1936 by Robert Wood Johnson (1893–1968), board chairman of the Johnson & Johnson medical products company. Faculty Fellowships in Health Care Finance, a national post-doctoral training program. He was the recipient of two consecutive five-year National Institutes of Health Career Scientist Awards. An author and editor of healthcare books and journal articles, Schramm holds a bachelor's degree from LeMoyne College in Syracuse, N.Y., master's and Ph.D. degrees in economics from the University of Wisconsin in Madison, and a law degree from the Georgetown University Law Center Also attended
About The Kauffman Fellows Program Founded in 1994, the Kauffman Fellowship is an educational program designed to educate and train emerging leaders in venture capital and high-growth companies. In July 2002, the Kauffman Fellows Program spun out from the Kauffman Foundation, founding the Center for Venture Education, a non-profit, post-graduate educational institute. It has expanded its programs both nationally and internationally to meet its mission of enhancing the human investment in the venture building process globally. For more information, please visit www.kauffmanfellows.org. |
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