NTU is the first Kauffman Campus outside the United States, spearheading entrepreneurship in the region.
The university was chosen as a Kauffman Campus for its exceptional entrepreneurship ecosystem, said Dr Carl Schramm, President and CEO of the Ewing Marion Kauffman Foundation.
NTU's ecosystem spans the entire venture creation chain from education and research to the commercialisation of ideas and technologies.
The Ewing Marion Kauffman Foundation is one of the world’s largest foundations devoted to advancing entrepreneurship. To be selected as a Kauffman Campus, a university must show leadership in piloting new courses or approaches to entrepreneurship education. Kauffman Campuses, found mainly in the United States, also pledge to make entrepreneurship education available campus-wide.
The establishment of the first Kauffman Campus in Singapore was formalised on 18 December 2008 with the signing of a Memorandum of Understanding at NTU.
"We are proud to join in this partnership with NTU, which provides some of the best entrepreneurship programming in the world,” said Dr Schramm.
Among NTU's key pillars of innovation and entrepreneurship education are the globally-ranked Nanyang Business School and the Nanyang Technopreneurship Center.
The hallmark of the Nanyang Technopreneurship Center is its experiential pedagogy and broad range of undergraduate, graduate and professional programmes offered. Its flagship Master of Science in Technopreneurship and Innovation Programme, conducted in both English and Mandarin for international audiences, is the first of its kind outside the United States. Besides teaching students to bring their ideas to fruition, the multi-country programme exposes them to the best practices of Silicon Valley and other global innovation hotspots.
The Kauffman-Singapore Scholars Programme imparts the finer points of entrepreneurship, so ideas can be quickly turned into businesses with global appeal.
Not only will the Kauffman Campus at NTU develop and disseminate the global practices that are critical for the success of entrepreneurs today, it will also broaden the opportunities NTU students and faculty members have to learn about innovation so that they can take the fruits of science and technology to the global marketplace.