CCBC awarded $1M for Center for Business Innovation expansion
Aug 18, 2019 | by Hope H. Davis | 443.840.5053 (office) | 410.971.5560 (cell)The Phillip E. and Carole R. Ratcliffe Foundation recently awarded CCBC a $1,077,395 grant to expand its Center for Business Innovation. The goal is to increase the Center’s success in sustaining and building a strong network of support for CCBC students and alumni aspiring to become small business owners.
The Center for Business Innovation is dedicated to serving CCBC students and alumni who are interested in learning how to turn their ideas for new products, services, business and organizations into sustainable entities. Entrepreneurial-minded students and alumni are mentored by School of Business, Education, Justice & Law faculty and local business owners.
The grant provides instructional support to develop new courses and workshops to strengthen the business acumen for those interested in starting a new business as well as administrative support to follow participants and track their successes. The funding also increases the amount of start-up capital available to those competing in the annual Business Plan Competition. A total of $62,500 is available to support the competition with the first-place winner receiving $20,000 to support his or her business endeavor.
In addition to instructional, administrative and financial support for the competition, the Ratcliffe Foundation also provides scholarships for additional coursework, mentoring and networking opportunities for students. Ultimately, it provides a full complement of wrap-around support for those interested in starting a new businesses.
“With the support of the Ratcliffe Foundation, our Center for Business Innovation has experienced tremendous growth in programming and outreach,” said CCBC President Sandra Kurtinitis. “Budding entrepreneurs can gain valuable experience in best business practices, be coached by experts in the field and gain marketing assistance for minimal to no cost. It’s a tremendous resource for anyone interested in starting their own business.”
About the Community College of Baltimore County (ccbcmd.edu)
Since 1957, CCBC has opened the doors to accessible, affordable, high-quality education empowering generations of area residents to transform their lives and the lives of others. Each year, more than 63,000 students enroll at the college’s main campuses, extension centers and online to make their starts, earn degrees, launch and build careers. CCBC offers the region’s most expansive selection of degree, certificate and workplace certification programs that prepare students for transfer, job entry and career advancement in such industries as business, education, health care, information technology, cybersecurity, construction and transportation. CCBC is nationally recognized as a leader in innovative learning strategies, among the nation’s top associate degree producers, and designated as a Military Times Best College 2018.
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