The Wharton School announces a $15 million gift from Jay and Patty Baker.
PHILADELPHIA –- The University of Pennsylvania Graduate School of Education and the Milken Family Foundation have announced that the 2011 Milken-Penn GSE Education Business Plan Competition is open for submissions.
Entering its second year, this global competition is the first contest specifically aimed at stimulating entrepreneurship and addressing challenges in education. It is designed to connect social entrepreneurs to venture capitalists and other funders interested in improving education.
Philadelphia, PA—The Wharton School of the University of Pennsylvania is pleased to announce a $15 million gift from Patty and Jay H. Baker to permanently endow the Jay H. Baker Retailing Center. Jay Baker, W’56, is a member of the Wharton Board of Overseers and retired president and director of Kohl’s Corporation, the Milwaukee-based department store chain.
Eric Bradlow of the Wharton School comments on the advantages companies can gain from using social media.
Dean Thomas Robertson of the Wharton School says “global business leaders must continue to examine their roles in addressing economic challenges and creating social value.”