Aldersons, Griffins relaunch Texas Tech Center for Family Business & Entrepreneurship | KLBK | KAMC

LUBBOCK, Texas (Press Launch) — The adhering to is a push launch from Texas Tech College:

Two names synonymous with relatives organization are respiratory new existence into Texas Tech University‘s Jerry S. Rawls College of Enterprise. David and Lisa Alderson, along with Texas Tech Regent Mark Griffin and his spouse Claudia, provided gifts to build the 1st endowment for what is now named the Alderson & Griffin Heart for Household Small business & Entrepreneurship in their honor. 

Initially created in 2016, the middle connects family business leaders and entrepreneurs to the Texas Tech campus and alumni group. The new endowment from the Alderson and Griffin households will give funding in perpetuity to provide increased products and services to these teams and enhance the instruction offered to students who aspire to do the job in loved ones business or develop into business owners. 

“Lisa and I are honored and thrilled to create the Alderson & Griffin Centre for Relatives Enterprise & Entrepreneurship,” mentioned David Alderson. “Having Mark and Claudia Griffin is an extra bonus. Our vision is for the center to be a source for students across Texas Tech. The greater image is to be a useful resource to all graduates of Texas Tech who obtain themselves in 1st-, second- or 3rd-generation loved ones organizations, and guide them in producing prosperous transitions for each relatives and non-household stakeholders.”

The two Alderson and Griffin led multigenerational family members firms. Alderson served as president and CEO of Alderson Enterprises, a 3rd-era relatives automobile organization that recently marketed to Cavender Automobile Spouse and children, a fourth-technology family business enterprise. Griffin is president and CEO of The Griffin Corporations and Pro Petroleum Inc., providers started in Lubbock by his father, Rip Griffin.

“Claudia and I are thrilled to companion with Lisa and David Alderson to build this center,” Griffin stated. “Our drive is for this heart to be an accessible useful resource for any Texas Tech university student or graduate who has concerns about, or is contemplating, sustaining a company that is section of their household composition. It will be broad in scope but will glow a light on particular facets and issues that are part of any household business when encouraging and nurturing an entrepreneurial spirit. We foresee equally undergraduate as nicely as graduate offerings to information and help in the transition from second-era spouse and children members and over and above. This heart, we imagine, has the likely to be a centre of excellence at Texas Tech and nationwide.”

With the endowment, Rawls College or university is constructing a certification program for undergraduates in loved ones company. Learners in the program will have accessibility to internships, strategic jobs and occupation placements within loved ones businesses and startups. Partnering organizations acquire obtain to instructional and support possibilities from family members small business school members, imagined leaders and a peer guidance group. Long run presents will deliver faculty support and student scholarships. 

“The eyesight of the Alderson and Griffin family members will make it possible for the Rawls College to take our lessons, programs and outreach in entrepreneurship and spouse and children enterprise to new stages,” said Margaret L. Williams, dean of Rawls University. “Based on the eyesight of David Alderson and Mark Griffin, the heart will develop possibilities for several generations of spouse and children business enterprise house owners to enhance their good results, for students to find out immediately from entrepreneurs and relatives company owners and for our faculty to break new ground in study. I am grateful for David and Mark’s generosity and motivation to this shared business.”

The Alderson & Griffin Centre for Household Company & Entrepreneurship gets the Rawls College’s fourth endowed system since 2018, joining the Excellence in Banking System, the Scovell Business enterprise Management System and the E.W. and J. David Williams Institute for Local community Banking and Finance. 

To find out extra about the middle or be part of its network, contact Maggie Baker, director of development for the Rawls Faculty of Small business, at (806) 834-6808 or [email protected] or Ryan Todd, senior director of improvement, at (806) 834-1959 or [email protected] 

(Press launch from Texas Tech University)