The Lundquist Center for Entrepreneurship was founded in 1989 through a $1 million endowment from Charles H. Lundquist.
When the center launched, only a few other educational institutions were embracing entrepreneurship as a legitimate area of study. Lundquist was so pleased with the impact of his investment, a couple years later he made a significant multimillion dollar gift to the University of Oregon and became the namesake of the Lundquist College of Business.
Since its inception, the Lundquist Center has earned an international reputation for providing one of the finest entrepreneurial education experiences. It has been committed, in both concept and action, to adding value by creating, sharing, and promoting business knowledge through cooperation and collaboration among students, faculty, and the greater business community. Through these efforts, the center has assumed a leadership position in economic and knowledge development activities within the Northwest region.
The success of the Lundquist Center for Entrepreneurship is tied to its educational philosophy of offering abundant real-world, live-fire experiences to students, shepherding and supporting them through the entrepreneurial process. Through these experiences students gain the courage to expand their comfort zones; to share, present, and defend their ideas; and to explore a venture’s merits with honest and open feedback from an active community of industry advisers, faculty members, practicing entrepreneurs, and alumni.
These hallmark experiential learning opportunities include:
- New Venture Championship Investment Competition: recognized as one of the top three business plan competitions in the world for standing apart by offering an unparalleled focus on student learning from feedback and interaction with leading business executives.
- Technology Entrepreneurship Program: a catalyst for high-tech startups created in partnership with the Battelle Memorial Institute’s pacific northwest national Laboratory and the UO office of technology transfer. This program partners business, law, and science graduate students to evaluate feasibility of and develop business for commercializing new technologies.
- Strategic planning projects: a student consulting program linking students with regional entrepreneurs to assist critical strategic questions in their businesses while providing students an opportunity to work directly with an entrepreneurial business to better understand its challenges and limitations.
- Venture Quest: each year at the end of Fall term, the Lundquist Center for Entrepreneurship holds the Graduate Venture Quest Competition for MBA and other UO graduate student entrepreneurs who are participating in the Venture Launch course series
- Venture Advising: individualized help for students seeking to launch their own venture by actively working with advisers and a network of professionals to explore its viability
The end result is not only successful students and graduates, but an energized and lasting network of alumni and professionals who share a passion for business innovation, creativity, and entrepreneurship.
Rankings and Awards
Entrepreneur and The Princeton Review
The Lundquist Center for Entrepreneurship at the University of Oregon's Lundquist College of Business has been honored as one of the top fifty programs by Entrepreneur magazine and The Princeton Review. Entrepreneur has ranked the Lundquist Center for Entrepreneurship in the top four percent of the more than 1,000 entrepreneurship programs evaluated by the magazine in 2003, 2005, 2008, 2009, 2010, and 2012.
A February 2010 article in Forbes magazine hailed the Lundquist Center for Entrepreneurship's New Venture Championship as one of the fifteen best small business plan competitions in the world.
US News & World Report
The Lundquist Center for Entrepreneurship at the Lundquist College of Business has been rated the sixteenth best in the nation by US News & World Report's Best Colleges.
Businessweek has hailed the the Lundquist Center for Entrepreneurship's New Venture Championship international business plan competition as one of the top three university based business plan competitions in the nation.
U.S. Association for Small Business and Entrepreneurship
U.S. Association for Small Business and Entrepreneurship (USASBE) advances knowledge and fosters business development through entrepreneurship education and research. It is the premier network for entrepreneurship educators, professional practitioners, entrepreneurship researchers, and government policy makers.
USASBE has recognized the Lundquist Center for Entrepreneurship many times as a leader in entrepreneurship education and practice. Lundquist Center USASBE awards include:
- Model Entrepreneurship Program at the MBA level Award, 1997
- Innovative Program at the MBA level Award, 1998
- Runner-up, Outstanding Specialty Entrepreneurship Program (Technology Entrepreneurship Program), 2004
- National Model Undergraduate Entrepreneurship Program, 2005
- National Model MBA Entrepreneurship Program, 2005
- National Model PhD Entrepreneurship Program, 2005
- Outstanding Specialty Entrepreneurship Program (Technology Entrepreneurship Program), 2005
- Innovative Entrepreneurship Education Courses, 2005
- Innovative Pedagogy for Entrepreneurship Education, 2005
- Entrepreneurship Educator of the Year, 2005
Price Institute for Entrepreneurial Studies
The Price Institute for Entrepreneurial Studies was created to contribute to the education and encouragement of entrepreneurs. The institute focuses particular interest on entrepreneur programs at institutes of higher education. In 2005, the Lundquist Center for Entrepreneurship's Technology Entrepreneurship Program was nominated for the prestigious Price Institute Innovative Entrepreneurship Educators Award. This award recognizes innovative entrepreneurship education programs for scientists and engineers.