University of North Dakota Faculty/Staff Newsletter

Deadline for Eugene Dahl and Roger Melroe Entrepreneur endowment proposals is March 22

The Eugene Dahl and Roger Melroe Entrepreneur endowments are available through the UND Foundation. Funds totaling $16,000 are available for Summer and Fall 2010. The deadline for proposals is 4:30 p.m. Monday, March 22 (extensions can be approved of in advance).

The families of Melroe Manufacturing entrepreneurs Eugene Dahl and Roger Melroe established endowments within the UND Foundation in 2004 to foster innovative and entrepreneur activities among UND faculty. Gene Dahl was the first chairman of the Center for Innovation Advisory Board (1984-89). He was instrumental in bringing two North Dakota ventures to Fortune 500 status - Melroe Bobcat and Steiger Tractor. Roger Melroe was his brother-in-law and vice president of marketing for Melroe Bobcat. The Boardroom in the Ina Mae Rude Entrepreneur Center is named for Gene Dahl and Roger Melroe.

Eligible projects will support faculty to work directly with one or more emerging entrepreneurs on the issues of innovation (product, technology, services, etc.), venture development, venture growth, or financing. Optimally, the ventures will be spin-off ventures at UND or with tech entrepreneurs hosted at UND campus incubators, and the project initiates an ongoing relationship where the faculty member is closely involved with the launch and growth of a venture. Preference may be given to faculty projects where a long-term faculty/venture relationship is highly probable. The entrepreneur(s) should provide a letter of support for the faculty project indicating how the project will be beneficial to their venture and the entrepreneur community. Utilizing undergraduate and graduate students enrolled in entrepreneur programs is encouraged, but not mandatory, to create experiential learning for entrepreneur students.

The selection committee is chaired by the director and entrepreneur coach of the Center for Innovation. The committee is encouraged to approach faculty to submit proposals. Preference may be given to projects from business faculty teaching entrepreneurship courses, but faculty projects relating to entrepreneurship from any college are eligible for the grant support. The committee may select one or more entrepreneur projects or initiatives utilizing faculty expertise which will foster North Dakota Entrepreneurship. Since 2005, an average of three faculty project per year have been selected.

Drop off or submit proposals to:
Bruce Gjovig, Director, Center for Innovation, 4200 James Ray Drive, Stop 8372, Grand Forks, N.D. 58203

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