Oxford, Ohio 45056
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State Third Frontier grant funds Entrepreneurship Center internships
Miami University's Page Center for Entrepreneurship and the Greater Cincinnati Chamber of Commerce will share a $99,600 grant from Ohio's Third Frontier Internship Program to support 10 interns and several extern positions next semester with businesses in Greater Cincinnati.
Page Center faculty and staff will design competency-based internship and externship experiences specific to key business sectors as well as develop joint conferences to provide additional training and integration of the academic and business programs available through internship experiences.
Students studying entrepreneurship will be placed in a variety of businesses, says Christine Adamow, director of the Page Center. Entrepreneurship is offered as a minor to students in any major at Miami.
Ryan Wyrick, economic development director for Oxford, helped connect Miami to the Greater Cincinnati Chamber of Commerce to combine their strengths in seeking the grant.
The Third Frontier Internship Program, part of Ohio Governor Bob Tafts overall Third Frontier Project, aims to develop a pool of talented workers for Ohio businesses; create student work experiences that enrich their education; and expose educators to the processes of todays business environment.
The three-year, $15 million initiative is administered by Ohios department of development and is funded through the Workforce Investment Act. It is expected to create approximately 1,300 internships for Ohio students in 2004 and a total of 4,500 over the next three years. With state and matching funds, interns can earn up to $6,000 over a one-year period.
The Third Frontier Project is a $1.6 billion program to expand Ohios high-tech research capabilities and promote start-up companies to create high-paying jobs.