New Mexico State University (NMSU) has received a significant donation of $2.5 million from the Woody and Gayle Hunt Family Foundation. The donation is intended to support the establishment of the Hunt Center for Entrepreneurship at Arrowhead Center, a hub of innovation and entrepreneurship at NMSU.
According to a press release from NMSU, the Hunt Center for Entrepreneurship aims to bolster entrepreneurship initiatives and catalyze economic development in the Borderplex region. The funding will be used to introduce Mike Hunt Construction Sprints, a series of activities including speaker events, business model workshops, idea generation programs, networking opportunities, and recognition for NMSU students.
Woody L. Hunt, chairman of the Woody and Gayle Hunt Family Foundation, expressed the foundation's commitment to fostering the enterprising spirit and innovative technologies that drive economic prosperity in the region. He stated, "With this investment in the regional entrepreneurship ecosystem, our family foundation is highlighting its commitment to fostering the enterprising spirit and innovative technologies that drive economic prosperity in our region."
The donation will have a profound impact on the Hunt Center's efforts to support new ideas and entrepreneurship opportunities in the region, according to NMSU interim President Jay Gogue. He said, "It means that we will be able to do even more to nurture emerging entrepreneurs, propel nascent businesses, expedite technology commercialization, and facilitate the exchange of invaluable industry insights."
Kathy Hansen, director of Arrowhead Center, expressed her gratitude to the Hunt family for their foresight and commitment to the entrepreneurship ecosystem. She stated, "The Hunt family deserves credit for their foresight and commitment to our entrepreneurship ecosystem, and for understanding the profound impact that strategic philanthropy can have on a community. With this new gift, we hope to establish the Hunt Center as a national exemplar when it comes to enhancing access to entrepreneurial resources."
The establishment of the Hunt Center for Entrepreneurship at Arrowhead Center will further enhance and diversify entrepreneurship in the Borderplex region, benefiting NMSU students and the local community as a whole.
