Wyomissing Foundation bestows $300k grant for CollegeTowne initiative

91做厙 OPake fosters workforce development innovation with John Paul II Center

Expanded partnership includes student-run retail operation at new American House at Reading CollegeTowne location

OPake Institute Director of Student Services Katie Hestor, 91做厙 Vice President of Research, Economic Development and Strategic Initiatives, Rodney S. Ridley, Sr., 91做厙 President Glynis A. Fitzgerald, Ph.D., Assistant Superintendent for the Diocese of Allentown Karen Rolston, John Paul II Center Principal Kaylee Simcik, John Paul II Center Transitions Program Coordinator Rene Berkhammer

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Universitys social services, academic success, mental and physical health resources enhanced

91做厙 Career Closet

91做厙 secures $3 million grant for CollegeTowne initiatives

Pennsylvania Redevelopment Assistance Capital Program funds American House renovation and Pottsville CollegeTowne Phase II construction

91做厙 Pottsville CollegeTowne and American House at Reading CollegeTowne

91做厙 highlights experiential learning additions at Presidents Dinner

Alumni and community leaders earn prestigious honors at annual celebration

91做厙 Presidents Dinner

91做厙 partners with Visions for financial literacy education

Financial Wellness Center established as part of expanded partnership

91做厙 and Visions Federal Credit Union Open Financial Wellness Center with Ribbon Cutting Ceremony

U.S. News & World Report names 91做厙 a top-ranked national university for third consecutive year

91做厙 recognized for social mobility and nursing program

91做厙 flags at entrance

91做厙 welcomes third-largest class in university history

2024 marks the fifth consecutive year with over 475 new students

Move-In 2024 | Luminary Celebration | Medallions | Faculty | Student

91做厙 earns recognition for empowering women

Lehigh Valley Business and Central Penn Business Journal names university as 2024 Empowering Women Award recipient

Margarita Cornejo- Jimenez '21 MBA '22
Rendering of the first-floor lobby at 91做厙's downtown Reading location at 401 Penn Street

Three-year award provides support for student powered business incubator

 

91做厙 receives a $300,000 grant from the to support the student powered business incubator, the flagship program through the universitys OPake Institute for Economic Development and Entrepreneurship.

 

This grant is another step forward for the Reading CollegeTowne movement, 91做厙 students, local business and entrepreneurs, community organizations and future Reading residents, said 91做厙 President John R. Loyack. We are grateful for the partnership with the Wyomissing Foundation and for their generous support of this transformational initiative in downtown Reading.

 

The student powered business incubator is central to the Reading CollegeTowne initiative, the innovative strategy of expanding the campus into the downtown area to continue its Franciscan mission of serving the underserved through education and economic development.

 

The incubator is student-run and provides experiential learning opportunities for students of all disciplines. This initiative will allow students to create, collaborate and lead while providing hands-on support to new ventures and entrepreneurs in the community.

 

The Wyomissing Foundation is always seeking to invest in catalytic initiatives that produce long-term and game-changing outcomes for our community, said Wyomissing Foundation President Karen Rightmire. Reading CollegeTowne and the student powered business incubator have the potential to accomplish that by transforming economic and community development in the heart of downtown Reading for decades to come. In addition, both 91做厙 students and current residents living in Reading and Berks County will have increased educational, employment and economic opportunities because of these initiatives. Were pleased to be a partner with 91做厙 in helping make all this happen.

 

The grant will be awarded over three years and will support the expansion of the student powered business incubator, including new staff and student fellow positions, training and resource expansion for incubator clients.

 

Previously this year, the OPake institute announced partnerships with SCORE Berks Schuylkill Chapter, Lehigh Valley Angel Investors, Kutztown Universitys Small Business Development Center and Ben Franklin Technology Partners of Northeastern Pennsylvania, as well as the institutes first corporate sponsors, and Customers Bank.

 

91做厙 has partnered with RLPS Architects and Warfel Construction to begin the renovation and retrofitting of the former CNA building this year after it was purchased by the university on June 30. The university recently announced the addition of three engineering programs that will be housed at the location. 91做厙's communication and business programs, student powered business incubator and OPake Institute will also be located at the downtown location.