University of Wisconsin-Milwaukee
Press Release

UWM Grad Jerry Jendusa Gives $1 Million for Entrepreneurship

Jendusa’s gift will support an entrepreneur-in-residence program, allowing students to learn from individuals who have successfully started their own companies.

By - Jul 6th, 2016 07:37 am
Lubar Center for Entrepreneurship

Lubar Center for Entrepreneurship

MILWAUKEE _ Chancellor Mark Mone of the University of Wisconsin-Milwaukee announced today that Milwaukee entrepreneur and UWM alumnus Jerry Jendusa has committed $1 million to the university’s Lubar Center for Entrepreneurship. Jendusa’s gift will support an entrepreneur-in-residence program, allowing students to learn from individuals who have successfully started their own companies.

“Providing students with access to entrepreneurs creates a dynamic, learning-rich environment,” Jendusa said. “I am proud to support entrepreneurs in residence, who will bring real-world experience to the classroom and introduce students to innovators who are shaping Milwaukee and our region. Big entrepreneurial ideas start as a dream, and I want to encourage students to chase their dreams.”

Jendusa started EMTEQ, a global provider of aerospace products, just five years after graduating from UWM’s Lubar School of Business in 1989. That company, which began in his basement, had 650 employees in seven locations and more than $100 million in sales when he sold it to B/E in 2014. The same year, Ernst & Young named Jendusa its Entrepreneur of the Year for the Midwest. He is now co-founder and CEO of STUCK LLC, a company that helps entrepreneurs find success by breaking through financial strains or organizational roadblocks.

“I am deeply grateful to Jerry for his support of entrepreneurship at UWM,” Chancellor Mark A. Mone said. “A strong culture of innovation is essential to the vibrancy of Milwaukee and Wisconsin, and leaders like Jerry are helping us create a program that will produce the next generation of entrepreneurs.”

The Lubar Center for Entrepreneurship was established last year with a $10 million lead gift from Marianne and Sheldon Lubar. A new building is being designed to house this program as well as a new welcome center.

“I am thrilled to have Jerry’s support for furthering our entrepreneurial efforts at UWM,” said Brian Thompson, director of the Lubar Center for Entrepreneurship. “As an alumnus and a successful entrepreneur himself, Jerry has a keen insight into what it takes to launch a new idea, and he understands the importance of connecting UWM students with leaders who can share their own experiences.”

About UWM

Recognized as one of the nation’s 115 top research universities, UW-Milwaukee provides a world-class education to more than 27,000 students from 81 countries. Its 14 schools and colleges include Wisconsin’s only schools of architecture, freshwater sciences and public health, and it is a leading educator of nurses and teachers. With a budget of $667 million, UW-Milwaukee partners with leading companies to conduct joint research, offer student internships and serve as an economic engine for southeastern Wisconsin. The Princeton Review named UW-Milwaukee a 2016 “Best Midwestern” university based on overall academic excellence and student reviews.

Press Releases by University of Wisconsin-Milwaukee

University of Wisconsin-Milwaukee

UWM Awarded $2.8 Million NIH Grant to Study Movement

Other research partners include the University of Colorado’s Anschutz Medical Campus and Marquette University.

University of Wisconsin-Milwaukee

UWM offers students new independent housing option

Residents will enjoy affordable, secure facilities with co-ed suites and the ability to cook their own meals.

University of Wisconsin-Milwaukee

UWM Signs Climate Commitment To Go Carbon Neutral

The university will build on a decade-long reputation for sustainability.

University of Wisconsin-Milwaukee

UWM Muslim Student Association brings Kareem Abdul-Jabbar to speak March 2

In retirement, Abdul-Jabbar has built a career as a bestselling author, activist and cultural commentator

University of Wisconsin-Milwaukee

UWM receives state grant to support entrepreneurship

The UWM Research Foundation is one of 11 Wisconsin organizations receiving grants under WEDC’s new Entrepreneurship Support pilot program.

University of Wisconsin-Milwaukee

UWM Marketing expert named first holder of Klappa professorship

Her research focuses on how consumer psychology can help nonprofits and social-impact organizations transform the world.

See More Releases

Leave a Reply

Your email address will not be published. Required fields are marked *