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Released July 3, 2002
Hearin Foundation gives $100,000 to support Business Week at MUWCOLUMBUS, Miss. -- Potential business leaders of tomorrow will continue to have a chance to learn about America’s free enterprise system at Mississippi University for Women’s annual Business Week due to a $100,000 donation from the Robert M. Hearin Support Foundation.
The Hearin Foundation’s donation is a four-year commitment of $25,000 per year. The Hearin Foundation is a Mississippi charitable trust with a goal of supporting programs at any of Mississippi’s four-year institutions that will help prepare students who will in turn help improve Mississippi’s economy.
“We are very grateful for the continued support of the Hearin Foundation,” Mary Margaret Roberts, MUW’s director of Development, said. “The trustees have chosen to make generous contributions to a number of programs at The W that serve to enrich the educational opportunities available for students in Mississippi.”
Other projects the Hearin Foundation has supported at The W include the Hearin Leadership Center, Welty Weekend at The W, the Culinary Arts Institute and a lecture series.
Business Week, which has had more than 2,800 students to participate since its establishment in 1977, is a week-long summer program designed to promote an understanding and appreciation of America’s free enterprise system among rising eighth, ninth and 10th graders who have demonstrated academic achievement and leadership skills.
“The funding from the Hearin Foundation will certainly help us in reaching out to more students and providing additional support resources here on campus once the participants arrive,” Patricia Brock, director of Continuing Education, said.
Approximately 100 students participate in Business Week each year. The students are divided into groups of 10 to 15 and assigned a mock company within the “Free Enterprise Village.”
With the help of an educator and a volunteer from a local business, each company selects a name and officers and develops a business plan. By using a computer simulation game, the students then run their companies in hopes of being recognized at the end of the week as the company realizing the most profit.
In addition, students interact with and hear presentations from business leaders on topics like private enterprise, government regulations, competition, ethics, small business development, the economy and careers in business.
The speakers for this year’s Business Week, which was held in June, were Christy Davis, publisher of Mississippi Family Matters, and Stan Murray, president of Citizens National Bank in Columbus.
Brock said that the students are not limited to “all work and no play.” She said their evenings are spent in activities such as roller skating, movie going, swimming, scavenger hunts, and other fun activities.
For more information about Business Week, please contact MUW’s Office of Continuing Education at (662) 329-7137.
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