THE DIFFERENCE IS YOU - Lundquist College of Business ...
THE DIFFERENCE IS YOU - Lundquist College of Business ...
THE DIFFERENCE IS YOU - Lundquist College of Business ...
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A Bright Future<br />
You’ve read the papers and watched the news, and<br />
you’ve probably experienced some repercussions <strong>of</strong><br />
the recession in your own household. Yet, in the face<br />
<strong>of</strong> all this, you chose to invest in the University <strong>of</strong><br />
Oregon’s <strong>Lundquist</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong>.<br />
This Annual Report to Investors 2008–9 overviews the impact that your funds<br />
have had on the college, our students, our faculty, and programs. You’ll see that<br />
in a challenging economy, with dwindling state funding, we’ve carefully evaluated<br />
our position in the market and leveraged our strengths to maximize the return on<br />
your investment.<br />
As you read pr<strong>of</strong>iles <strong>of</strong> students you’ve aided and review our financial data, you’ll<br />
probably notice that state support is estimated to provide only 9 percent <strong>of</strong> our<br />
budget this year (compare that to 34 percent in the 1975–76 school year), and<br />
that state funding per student at our university is a fraction <strong>of</strong> what is provided to<br />
other public schools around the country.<br />
We are able to bridge that gap because <strong>of</strong> you—our dedicated alumni and<br />
supporters. Total giving to the <strong>Lundquist</strong> <strong>College</strong> <strong>of</strong> <strong>Business</strong> was up this year,<br />
almost rising to prerecession levels. As a result, we hired more new tenure-track<br />
faculty members than most business schools in the nation, and we awarded<br />
scholarships to dozens <strong>of</strong> deserving students.<br />
But more than this direct impact, your generosity is a vote <strong>of</strong> confidence in our<br />
students and faculty, empowering them to make a difference, lead, and discover<br />
opportunities for business and economic growth.<br />
On behalf <strong>of</strong> the entire college, thank you. Your support is more than just a gift:<br />
it’s an investment in our collective future.<br />
Highs and Lows<br />
Within months <strong>of</strong><br />
earning her M.B.A. from<br />
the <strong>Lundquist</strong> <strong>College</strong><br />
<strong>of</strong> <strong>Business</strong>, Celine<br />
Seeger experienced<br />
the gut-wrenching lows<br />
and euphoric highs <strong>of</strong><br />
starting a company. The<br />
Berlin, Germany, native<br />
graduated in December<br />
2008 with a specialization<br />
in entrepreneurship. She<br />
barely had time to hang her<br />
diploma when she joined<br />
start-up Alpzite LLC as vice<br />
president <strong>of</strong> marketing and<br />
finance.<br />
Seeger came to UO to study<br />
entrepreneurship after a stint in<br />
marketing with Intel’s German<br />
operations. The reputation <strong>of</strong> the<br />
<strong>Lundquist</strong> Center for Entrepreneurship<br />
lured her, along with Eugene’s laidback<br />
West Coast lifestyle and the<br />
M.B.A. curriculum, which allowed her to<br />
tailor a program to suit her passion for<br />
technology product development. Pivotal,<br />
too, was a scholarship that paid half her<br />
tuition.<br />
To hone her product development<br />
smarts, she supplemented her core<br />
business courses with studies in<br />
psychology and industrial design. She<br />
also took advantage <strong>of</strong> experiential<br />
opportunities to work on a technologytransfer<br />
project for the Pacific Northwest<br />
National Laboratory, to meet investors,<br />
and to learn to raise capital.<br />
Those experiences proved invaluable<br />
when she joined Alpzite. She’d met<br />
Alpzite founder Ken Furnanz, a former<br />
Intel s<strong>of</strong>tware engineer, in Germany. In<br />
Oregon, the pair had hoped to shepherd<br />
development <strong>of</strong> its first product, a<br />
pet-tracking device known as the Pet<br />
Compass. But development schedules<br />
dragged, costs mushroomed, and