Gift to Business Will Enhance Entrepreneurship
The College of Business has received a $104,430 gift to promote
entrepreneurship and leadership training.
Alumnus George Schmidbauer, CEO of the Schmidbauer Lumber Company
in Eureka, made the gift to the college. Schmidbauer earned his
BS in business administration from CSU, Chico in 1953.
The majority of the funds provided through Schmidbauer’s
gift will support the college’s new Entrepreneurship Center.
The remainder will support a leadership class that will bring leading
executives to Chico. Students and faculty will learn from interactions
with business leaders from throughout California and beyond.
“The Center for Entrepreneurship has one overriding goal—to
grow entrepreneurs,” said center director Terry Noel. “Mr.
Schmidbauer’s gift gives us the resources we need to start
two important initiatives in support of that goal. The first, an
Entrepreneurs Roundtable, will provide an education and mutual support
mechanism for start-up and early-stage companies in and around Chico.
The second, an Entrepreneurial Education Forum, will provide both
Web-based and person-to-person education and support to aspiring
entrepreneurs all over northern California.”
“Chico’s entrepreneurship program is a strategic area
of distinction which the College of Business is aggressively expanding,”
said Steve Adams, dean of the College of Business. “The program
prepares students for an exciting professional career, as well as
supporting local entrepreneurs.”
“George Schmidbauer’s generous gift is appreciated
on so many levels,” said President Paul Zingg. “It underscores
the confidence that our alumni have in the good work and direction
of the college. It exemplifies the kinds of partnerships we need
to build in order to support the aspirations of the college and
a high-quality learning environment for our students. And it supports
a program initiative that focuses on bringing the expertise of the
college to bear in serving the needs of the North State.”