The magazine for alumni and friends of the UB School of Management
Issue link: http://ubschoolofmanagement.uberflip.com/i/261286
Penberthy, EMBA '00, executive vice president and chief financial officer of Rand Capital Corp., for service to the school; and Edward Tierney, CEL '08, partner at BlackDog Strategy & Brand, for contributions to entre- preneurship. x Minority and women entrepreneurs aided by $75,000 Allstate grant A $75,000 grant from The Allstate Foundation will help support initiatives for minority and women entrepre- neurs at the School of Management's Center for Entrepreneurial Leadership (CEL) while also funding a new pilot program. Since 2005, The Allstate Foundation has helped fund the Allstate Minority and Women Emerging Entrepreneurs program (MWEE), a joint venture by the CEL and the UB Center for Urban Studies. This year's grant includes a $16,000 increase to pilot a new program, which is based on the MWEE principles, but physically transplanted into an economically challenged Buffalo community. The MWEE program is designed to help participants move their companies to the next stage of development by forging relationships with successful business owners, set- ting objectives and outcomes for business plans, connect- ing with existing resources and more. A record 32 business owners have been accepted into the 2013-14 program, up from 18 last year. "The program helps participants build valuable skills and strengthens the Western New York economy by help- ing to create viable and sustainable businesses," said Thomas Ulbrich, assistant dean and executive director of the CEL. "The continued support of The Allstate Foundation has enabled more than 170 graduates to become more focused and strategic in their businesses." The Allstate Foundation, a charitable organization funded by subsidiaries of Allstate Insurance Corp., pro- vides philanthropic grants to nonprofit organizations. With a focus on teen safe driving and building financial independence for domestic violence survivors, The Allstate Foundation also promotes safe and vital commu- nities; tolerance, inclusion and diversity; and economic empowerment. x Spring 2014 B B Executive of the Year, achievement awards presented The School of Management named Christopher H. Koch, CEO of New Era Cap Co., the 2013 Buffalo Niagara Executive of the Year. The award was presented before a crowd of more than 400 attendees at the 64th Annual School of Management Alumni Association Awards Banquet on November 6. Established in 1949, the Buffalo Niagara Executive of the Year award is presented annually to an individual who resides in or has a major impact on the region, and whose career has been distinguished by executive success and civic leadership. In addition, the school presented awards to Alex Ampadu, associate professor of accounting and law in the School of Management, for alumni engagement; Richard Floersch, BS/MBA '80, executive vice president and chief human resources officer of McDonald's Corp., for indus- try leadership; Dottie Gallagher-Cohen, EMBA '07, pres- ident and CEO of the Buffalo Niagara Partnership, for service to the Western New York community; Daniel ...................................................................................................................................................................................................................................................................................................................... .......................................................................................................................................................................................... Executives honored at the 64th Annual School of Management Alumni Association Awards Banquet in November. Back row (from left): Richard Floersch, BS/MBA '80; Daniel Penberthy, EMBA '00; Edward Tierney, CEL '08. Front row: Dottie Gallagher-Cohen, EMBA '07; Christopher Koch; Alex Ampadu. Photo: Tom Wolf