Student Council received a $22,000 grant from the Jefferson Trust to launch the Entrepreneurial Innovations Committee, which will be geared toward fostering students' entrepreneurial skills, graduate student and chair of the representative body Siddartha Pailla said in an email to Council leadership Saturday. Student Council President Dan Morrison said the committee will focus more on learning about entrepreneurship than actual business-oriented activities.
"Some people think this is a venture capital thing; it's not that," Morrison said. "Basically this [committee] will use the Student Council as a hub to bring students together to pursue their own ideas and have resources and connections in place to help them reach [their] goals."
The Jefferson Trust, an endowment initiative sponsored by the University Alumni Association, provides funding for organizations which promote the University's "national and international reputation," according to the Jefferson Trust website.
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