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The Kauffman Fellows Program Taps Industry Luminaries as Education Advisory Board Members.

Business Editors & Education Writers

SHAWNEE MISSION, Kan.--(BUSINESS WIRE)--May 19, 2004

The Kauffman Fellows Program at the Center for Venture Education today announced its Education Advisory Board (EAB) consisting of seasoned professionals and experts in the business, entrepreneur and academic communities. The Kauffman Fellows Program is a venture capital education program devoted to enhancing the human investment in the venture capital process globally.

This announcement comes on the heels of the Program's appointment of Carl Schramm, president and CEO of the Kauffman Foundation of Kansas City, to the Center's general board.

Jeffry Timmons, founding dean of the fellowship, was appointed Chair of the EAB. The board members are tasked with providing advice on all aspects of the Kauffman Fellowship's educational programming. It provides information on the latest research and trends in education, entrepreneurship and VC. The 12 board members also provide direction on curriculum architecture and new teaching materials. This is of special significance now, due to the Center's expansion of the Kauffman Fellows Program into Europe.

"These exceptional individuals bring so much to the table in terms of expertise and excellence in their fields," commented Trish Costello, CEO of the Center for Venture Education. "In order to continually provide a premier venture capital education for the Fellows, it is critical to have access to the best entrepreneurial and business minds in the field. We have achieved this goal by bringing together these individuals for our Education Advisory Board."

Founded in 1994 and now in its 10th year, the program is a two-year formal educational program designed to educate and develop leaders in venture capital. Today, Kauffman Fellows' alumni include 52 venture capitalists, 29 of which are general partners; five venture firm founders, and seven CEOs of venture-backed start-ups. Graduates also include leaders in education, business development and public policy.

Education Advisory Board:

Philip Anderson -- INSEAD Alumni Fund Professor of Entrepreneurship,
INSEAD Singapore

Tom Byers -- Deputy Chair of the Management Science and Engineering
Department, Stanford University

Jerome S. Engel -- Adjunct Professor and Executive Director of the
Lester Center for Entrepreneurship and Innovation, University of
California, Berkeley

Michael Fountain -- Director for the Center for Entrepreneurship and
the John and Beverly Grant Endowed Chair in Entrepreneurship,
University of South Florida

Patricia G. Greene -- Dean, Undergraduate School, Babson College in
Wellesley, Massachusetts

Myra Hart -- MBA Class of 1961 Chair in Entrepreneurship at Harvard
Business School

Steven Kaplan -- Neubauer Family Professor of Entrepreneurship and
Finance at the Graduate School of Business, The University of Chicago

Steven Lazarus -- a Managing Director of ARCH and former Associate
Dean of the Graduate School of Business, The University of Chicago

Alfred Osborne -- Senior Associate Dean, The Anderson Graduate School
of Management, University of California, Los Angeles (UCLA)

Jesse E. Reyes -- Vice President, Global Research at Thomson Venture
Economics and Visiting Lecturer, Cornell's Johnson Graduate School of
Management

Jeffry Timmons -- Dean of the Kauffman Fellows Program and the
Franklin W. Olin Distinguished Professor of Entrepreneurship and
director of the Price-Babson College Fellows Program

Jack Wilson -- President, University of Massachusetts, and founding
CEO of UMassOnline


About The Kauffman Fellows Program

The Kauffman Fellows Program is an educational program designed to educate and develop emerging leaders in venture capital and high-growth companies. For more information, please visit www.kauffmanfellows.org.
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Publication:Business Wire
Date:May 19, 2004
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