College of Business Administration Dedicates John S. Brinzo Entrepreneurial Lab for Applied Business Research, Oct. 10
Kent State’s College of Business Administration will dedicate the John S. Brinzo Entrepreneurial Lab for Applied Business Research, a space that provides the tools for students to bring life to their entrepreneurial ideas, on Friday, Oct. 10, at 4:30 p.m. The lab, located within the College of Business Administration, is the result of a generous leadership gift from 1964 alumnus John S. Brinzo.
The John S. Brinzo Entrepreneurial Lab for Applied Business Research dedication will include comments by Kent State President Lester A. Lefton, Dr. George Stevens, dean of the College of Business Administration, and Julie Messing, director of the Center for Entrepreneurship and Business Innovation.
Established in 2006, the Center for Entrepreneurship and Business Innovation supports academic and outreach programs that foster entrepreneurial activity and economic development in Northeast Ohio. As an integral part of the Center for Entrepreneurship, the John S. Brinzo Entrepreneurial Lab for Applied Business Research provides an area to house student-run businesses, a small student incubator and a resource library. Additionally, the gift provides an endowment to help sustain the laboratory and support the overall program.
"Because America is losing its competitive edge in manufacturing and jobs are being exported to developing nations, entrepreneurship and innovation are more important today than ever before," says Brinzo, who spent 37 years of his career with Cleveland-Cliffs Inc., the leading supplier of iron ore products to the steel industry in North America. “Thus, students need to learn such skills.”
Brinzo was chairman, president and chief executive officer of Cleveland-Cliffs from July 2003 to May 2005 and chairman and chief executive officer from January 2000 through August 2006. He was chairman of the board of directors until May 2007. Currently, Brinzo is on the board of directors for The Brinks Company, Alpha Natural Resources and AK Steel.
Participating in the lab experience is important for Kent State students because it allows them the opportunity to apply what they’ve learned in the classroom, Messing says.
“In an environment of unbridled opportunity, where support for ideas, concepts and energy is channeled into business realities, who knows what outcomes can arise,” Messing says. “The John S. Brinzo Entrepreneurial Lab for Applied Business Research is such a place. A place where students, entrepreneurs, professors and others can come together to generate new businesses that will affect the quality of life at Kent State, in downtown Kent, in Northeast Ohio and beyond.”
Messing says the lab provides students with a place to be inspired to achieve excellence, including all of the “bells and whistles” for stimulating minds. The technology available in the space is top rate, with students having access to all of the necessary tools to make business happen.
In addition to students, area business owners will benefit. Students will provide consulting services, such as creating business plans, marketing plans or feasibility studies, to assist the start up and growth of local entrepreneurs.
“Entrepreneurship is one of the college’s signature programs, and it is the area that excites business executives the most,” Stevens says. “Entrepreneurship is one of the best programs for giving students hands-on experience. The start of the John S. Brinzo Entrepreneurial Lab for Applied Business Research brings us even closer to our goal of having the best entrepreneurship program in the region.”
By Rachel Wenger-Pelosi