Motorola Announces $100,000 Donation and Partnership with Chicagoland Entrepreneurial Center for Education in Entrepreneurship Initiative
Program to Provide Chicago High School Students with Education and Training for the Development of Entrepreneurial Careers
CHICAGO, Ill. – 1 October 2005 – The Motorola Foundation, a charitable giving arm funded by Motorola, Inc. (NYSE:MOT), today announced a $100,000 donation and partnership with the Chicagoland Entrepreneurial Center in support of Education in Entrepreneurship, an interactive career exposure program aimed at promoting technology innovation and entrepreneurialism among Chicago high school students. The donation will be presented to the Chicagoland Entrepreneurial Center as an annual gift of $50,000 over the course of two years.
The announcement was made by Ed Zander, Chairman and CEO of Motorola, Inc., in his keynote address commencing TiECON 2005 Midwest “Entrepreneurship in a Flat World,” an event for leading Midwest entrepreneurs to share thoughts and ideas on business and innovation.
“Entrepreneurial spirit is obviously important to American business, particularly to the technology industry,” said Ed Zander, Chairman and CEO, Motorola. “We think of Motorola as the original high-tech start up and want to give back to the Chicago community where it all started. In partnership with the Chicagoland Entrepreneurial Center, we have created and funded Education in Entrepreneurship in hopes of encouraging local high school students to become tomorrow’s innovators and leaders of their own tech companies.”
The Motorola Foundation and the Chicagoland Entrepreneurial Center are working closely with teachers and partner organizations to develop and implement Education in Entrepreneurship in Chicago high schools. The program will demonstrate the benefits of entrepreneurial careers and teach students the skills it takes to become successful business leaders. Through in-class presentations, entrepreneurs will discuss their real-life business projects and share their experiences with the goal of fostering innovation among students.
The Motorola Foundation will also offer students enrolled in the Education in Entrepreneurship program paid internships with some of Chicago’s top entrepreneurial companies, providing them with business experience to further develop their entrepreneurial interests.
“Education in Entrepreneurship will provide high school students in some of Chicago’s most underserved communities the opportunity to learn about careers in entrepreneurship and offer them a rare opportunity to interact with some of Chicago’s most exciting emerging businesses,” said David Weinstein, President, Chicagoland Entrepreneurial Center. “The Chicagoland Entrepreneurial Center would like to thank The Motorola Foundation for its generous donation and support in ensuring the continued success of this program.”
About Chicagoland Entrepreneurial Center
The Chicagoland Entrepreneurial Center (CEC) is a nonprofit affiliate of the Chicagoland Chamber of Commerce. It seeks to make a perceptible and lasting economic impact on the Chicagoland region by helping entrepreneurs and high-growth businesses build viable, sustainable, and profitable enterprises. The CEC is the city and surrounding area’s best connected, most resourceful, and fastest growing organization that works with entrepreneurs to create and sustain opportunities for business success, job growth, and profitability. For more information, please visit www.chicagolandec.org.
About Motorola Foundation
For more information on Motorola Corporate and Foundation giving, please visit: www.motorola.com/giving. With over 66,000 employees globally, Motorola seeks to benefit the communities in which it operates around the world. The company achieves this by making strategic grants, forging strong community partnerships, fostering innovation, and engaging stakeholders. The Motorola Foundation has as its funding focus, education, community, and environmental issues.
Motorola is a Fortune 100 global communications leader that provides seamless mobility products and solutions across broadband, embedded systems and wireless networks. In your home, auto, workplace and all spaces in between, seamless mobility means you can reach the people, things and information you need, anywhere, anytime. Seamless mobility harnesses the power of technology convergence and enables smarter, faster, cost-effective and flexible communication. Motorola had sales of US $31.3 billion in 2004. For more information: www.motorola.com.
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