The Kuali Foundation and the MIT Venture Mentoring Service received the 2010 Leveraging Excellence Award presented at the 2010 annual conference of the National Consortium for Continuous Improvement in Higher Education.
The purpose of the Leveraging Excellence Award is to recognize examples of innovation and improvement that have been implemented (‘leveraged’) beyond one department, campus, or institution. Key to the initiatives recognized by this award is their scalability.
The Kuali Foundation coordinates resources across numerous member institutions of higher education to develop and deliver comprehensive administrative information technology systems as an alternative to ‘home grown’ or vendor solutions. Enterprise-scale applications developed by participating institutions are distributed without licensing fees. The first system developed was for finance. Applications for research administration, library operation, business continuity, and student records and services are under development or in testing. Penn State is a partner in Kuali Ready, the business continuity application.
The Massachusetts Institute of Technology (MIT) Venture Mentoring Service (VMS) supports new entrepreneurs from the MIT community (faculty, students, staff, and alumni) in the Boston area through mentoring by teams of volunteer alumni who share their knowledge and experience. MIT VMS has also developed an outreach program to assist other institutions and agencies in starting programs similar to MIT VMS. More than 1,400 entrepreneurs and 800 ventures have been served by MIT VMS, and the model is in use at seven universities and developmental organizations around the world.
The Leveraging Excellence award is based with the National Consortium for Continuous Improvement in Higher Education (NCCI) and sponsored by the Follett Higher Education Group. NCCI was formed in 1999 to advance academic and administrative excellence by sharing effective organizational practices. Currently NCCI has approximately 70 member institutions of higher education in 26 states and seven countries. Penn State is a founding member of NCCI.
Applications for the 2011 Leveraging excellence Award are due February 14, 2011.