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UConn Advance

GE Capital gift helps center, scholars
April 18, 1997

Stamford-based GE Capital has donated $100,000 toward the GE Capital Global Learning Center at the new Stamford campus and the GE Capital Global Scholarship Fund as part of a $1 million pledge in support of UConn 2000.

"This contribution helps the University expand its program offerings to support companies in Connecticut which have a global focus," President Philip E. Austin said in accepting the check from Denis J. Nayden, president and chief operating officer of GE Capital and a UConn alumnus. GE's payments on the million-dollar pledge from the company tally $500,000 to date.

Half of the $1 million donation is from the GE Fund to support the development of a joint master's degree between the University's schools of business administration and engineering as well as supporting initiatives to help both schools achieve progressive diversity goals. The other half of the pledge is being paid by GE Capital.

GE Capital's donations support an endowed GE Capital Global Learning Center, a GE Capital Global Scholarship Fund and an annual executive business forum that brings together international business policy-makers to explore key issues related to global business.

The GE Capital Global Learning Center will focus on research, teaching, demonstration projects and outreach activities dedicated to enhancing the global economic competitiveness of companies, with a particular focus on technology. It will assist the School of Business Administration in becoming a world-class leader in developing global business professionals.

The first recipients of the GE Capital Global Scholarship Fund, Jennifer Wilcox and Jin Yiwei, will draw on the expertise of UConn's business professors and General Electric executives.

The scholarships will support up to four American and foreign students per year to pursue a graduate degree at the School of Business Administration at the Storrs or Stamford campuses.

Wilcox is a first-year MBA student at UConn. She is a dual-degree candidate for an MBA and a master's degree in Latin American studies. Jin, a native of China, is a first-year MBA student.

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