Global Entrepreneurship Program Announces Multi-Year Grants and Welcomes Three Texas Universities

*MEDIA ADVISORY FOR THURSDAY, JUNE 2ND*

Unique program helps Texas students turn ideas into companies and benefits local communities

DALLAS--(BUSINESS WIRE)-- On Thursday, June 2, Blackstone LaunchPad, a global entrepreneurship program, will announce the expansion of its global network to include three leading Texas universities: The University of Texas at Austin, The University of Texas at Dallas, and Texas A&M University. The campus-based entrepreneurship program, available to more than 600,000 students in the United States and internationally, helps students turn ideas into small businesses while supporting local economies.

The program has the potential to generate 3,900 new business ventures and 9,000 new jobs across Texas over the next three years.

WHO:			U.S. Senator John Cornyn (R-TX)
			Stephen A. Schwarzman, Blackstone Chairman, CEO, and Co-Founder
			Brian Shimmerlik, Co-Founder and CEO of Vengo Labs, a Blackstone LaunchPad venture
			Amy Stursberg, Executive Director of the Blackstone Charitable Foundation
			Senior representation from UT Austin, UT Dallas, and Texas A&M
WHAT:			Announce multi-year grant to bring Blackstone LaunchPad to UT Austin, UT Dallas and Texas A&M
WHEN:			Thursday, June 2nd at 2:30 pm
WHERE:			University of Texas at Dallas
			Visitor Center Atrium
			800 West Campbell Road – Richardson, TX 75080
PRESS CONTACT:			Jenifer Sarver: (512) 577-9099, [email protected]

ABOUT BLACKSTONE LAUNCHPAD:

Blackstone LaunchPad is a campus-based entrepreneurship program through which aspiring entrepreneurs can grow ideas of any size – whether they came up with the concept an hour ago or have thought about it for years – and gain access to expertise and outside resources (legal, marketing, insurance and sales specialists, etc.). The program aims to drive economic development in communities around partner universities, increasing the likelihood that students remain and develop their ideas within the region. It is funded through the Blackstone Charitable Foundation, which was recognized by the Obama Administration’s “Startup America” Initiative.

* RSVP to Jenifer Sarver – [email protected]*

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View source version on businesswire.com: http://www.businesswire.com/news/home/20160531006203/en/

Jenifer Sarver, 512-577-9099
[email protected]

Source: Blackstone LaunchPad

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