New Mexico State University (NMSU) has announced a significant donation from the Woody and Gayle Hunt Family Foundation to establish the Hunt Center for Entrepreneurship at Arrowhead Center. The foundation has pledged $2.5 million to support entrepreneurship initiatives at the university, according to a press release.
Arrowhead Center, described as a "hub of innovation and entrepreneurship," is committed to catalyzing economic development and fostering a culture of innovation, as stated by NMSU. This new donation will further enhance and diversify entrepreneurship in the Borderplex region.
The grant will provide support for the introduction of Mike Hunt Construction Sprints, named after the vice chairman of Hunt Companies' board of directors. These sprints will involve various activities such as 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 said, "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."
NMSU interim President Jay Gogue highlighted the significance of the donation in supporting new ideas and entrepreneurship opportunities in the region. He stated, "This generous contribution will significantly bolster the Hunt Center’s efforts to support new ideas and entrepreneurship opportunities in the region. 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, the director of Arrowhead Center, expressed her appreciation for the Hunt family's foresight and commitment to the entrepreneurship ecosystem. She said, "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 donation from the Woody and Gayle Hunt Family Foundation will play a crucial role in supporting entrepreneurship initiatives at NMSU and fostering economic development in the Borderplex region.