$2 million donation to fund UW Business School program
02/24/07 - The University of Washington
Business School said alumnus Leonard Lavin, founder and chairman emeritus of the
Alberto-Culver Co., has donated $2 million to establish a fund to nurture
student entrepreneurs.
The Leonard and Bernice Lavin Entrepreneurial Action Program, to be known as
LEAP, will
give 25 undergraduate students each year direct access to mentors from the
business
community and networking opportunities.
The program will also offer special field trips, lectures and internships. It's
set to start in the
fall of 2008.
Lavin attended the UW before serving in the Navy during World War II. He and his
wife,
Bernice, bought a small beauty supply company in 1995 and grew it into a concern
with
annual sales approaching $1.5 billion.
