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University of Iowa News Release

April 3, 2003

UI Program Among Entrepreneur Magazine's Top 50

The entrepreneurship program offered through the John Pappajohn Entrepreneurial Center at The University of Iowa is ranked in the top 50 schools with comprehensive entrepreneurial programs at nationally prominent colleges and universities.

The results were published in the April 2003 issue of Entrepreneur magazine. Entrepreneur's first annual evaluation of the best entrepreneurship programs at U.S. colleges and universities was conducted from September to December 2002 by TechKnowledge Point Corp. of Santa Barbara, Calif.

Of the 700 entrepreneurship programs researched for the study, the UI appears in the third tier (programs ranked 25-37) of the national program top 50 list. Other programs in this tier include the University of Michigan, Northwestern University, University of Texas at Austin, New York University, and University of St. Thomas.

More than 30 criteria were used in the study, including course offerings, teaching and research faculty, business-community outreach programs, research centers and institutes, degrees and certificates offered, and faculty and alumni evaluations. In addition, almost 300 colleges and universities responded to surveys designed to allow program directors, faculty and alumni to rank their own entrepreneurship programs against the competition.

"We are very pleased to be included in this listing of distinguished entrepreneurship programs. Our Center has benefited from outstanding leadership from past directors, strong support from the University and the deans from the Colleges of Business, Engineering and Medicine, and active participation from a cadre of experienced entrepreneurs and business leaders. JPEC is committed to providing comprehensive entrepreneurial education and support services to foster the development of the next generation of successful entrepreneurs and leaders," said David Hensley, JPEC director.

Established in 1996 through the generous support of John and Mary Pappajohn, JPEC provides a unique opportunity for all UI students to take courses in entrepreneurship and earn a Certificate in Entrepreneurship in addition to their undergraduate major. The program is broad-based; undergraduate students from the Colleges of Business, Engineering, Health Sciences, and Liberal Arts & Sciences can earn a Certificate in Entrepreneurship in addition to their undergraduate degrees; MBA students can pursue a concentration in entrepreneurship.

The role of privately owned, small businesses is vital to creating and maintaining the health of state, regional, and national economies. To support this crucial segment of commerce, JPEC offers entrepreneurial education for students and citizens throughout Iowa. In addition to the academic program, JPEC partners with Iowa community colleges to teach entrepreneurship programs statewide, and it offers several programs to foster the development of entrepreneurial skills in Iowa's youth.

In 1970, a national survey of business schools found only 16 courses offered in entrepreneurship. Over the last 30 years the idea of entrepreneurial education has exploded. Currently, Techknowledge Point has data on over 875 entrepreneurship programs at colleges and universities in the U.S. Entrepreneur magazine's article breaks down the various types of entrepreneurship programs and advises students how to choose one that meets their needs.

These results appear in Entrepreneur's April issue, available on newsstands March 25 or at

STORY SOURCE: University of Iowa News Services, 300 Plaza Centre One, Suite 371, Iowa City, Iowa 52242-2500.

MEDIA CONTACT: George McCrory, University of Iowa News Services 319-384-0012, Josh Rosenthal.

OTHER INFORMATION: JPEC website and Entrepreneur magazine