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Padgett, Stewart and McDavis dedicate Integrated MBA Program at the Voinovich Center

ATHENS, Ohio (Feb. 22, 2006) -- State Senator Joy Padgett, State Representative Jimmy Stewart and Ohio University President Roderick J. McDavis helped dedicate the new Integrated Master of Business Administration (MBA) program Monday, Feb. 20, at the Voinovich Center for Leadership and Public Affairs. Local business owners and more than 60 Ohio University students, faculty and staff attended the event.

Photos by Michael RubensteinA ceremonial ribbon-cutting marked the celebration of the tremendous impact of the Integrated MBA Program, a partnership between Ohio University's Voinovich Center and the College of Business. The 48 students enrolled in the 15-month MBA program work as consultants with area business owners on a variety of projects. Phil Coyner of eLIMBS in Belpre, Ohio, and Larry and Karen Kavulich of Estes Communications in Zanesville, Ohio, spoke from the regional business perspective. Student consultants Abby Souders, Erika Wadlinger and Burcu Yenigun spoke on behalf of the MBA program participants.

"The Voinovich Center's partnership with the College of Business and firms such as Adena Ventures has led to the development of a nationally recognized business development program," said McDavis. "Our commitment to our region is underscored by our ability to enhance economic development and to actively engage companies and members of the Ohio University community to be part of the solution to the challenges in our region. This partnership is another example of how we hope to continue our efforts to advance the region."

Last year, MBA students helped regional businesses secure more than $20 million in loans, $5.5 million in venture capital funding, $30 million in new government contracts and nearly $1.5 million from individual investors.

"The curriculum allows students to apply the skills they learn in the classroom to real world situations. They gain practical experience, while creating public and economic value," said MBA Director Deborah Crown Core.

Photos by Michael Rubenstein"The Integrated MBA is a premier program developed as part of the Appalachian New Economy Partnership at the Voinovich Center," said Sen. Joy Padgett. "It allows students at Ohio University to help build the economy of Appalachian Ohio."

"This is another example of the unique value of the Voinovich Center to Ohio University and the region," said Rep. Jimmy Stewart. "Ohio University is building a national model for higher education that both educates students and impacts communities."

"The MBA students and professional staff at the Center are making substantial contributions to the success of Adena's portfolio companies. Already, they have provided professional services to more than 30 of Adena's client companies," said Lynn Gellermann, President of Adena Ventures.

Ohio University's Voinovich Center for Leadership and Public Affairs extends knowledge and resources beyond campus to individuals in government, education, business and public organizations. The Center provides applied research, training, technical assistance and innovative solutions that make a difference in Southeast Ohio and beyond. For more information, visit www.voinovichcenter.ohio.edu.  

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Media Contact: Voinovich Center Research Associate Eleni Zulia, (740) 593-4549 or zulia@ohio.edu

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