Gift to Establish 'The Hive' at Franklin College

Posted: Updated:
Nancy and John Peterson (photo courtesy of Franklin College) Nancy and John Peterson (photo courtesy of Franklin College)
FRANKLIN -

A $500,000 gift from a former Franklin College trustee and his wife will be used to establish an endowed fund aimed at innovation and leadership development. The college says the gift from John and Nancy Peterson will create “The Hive at Franklin College,” a program focusing on collaboration among students and business and nonprofit leaders.

Franklin College says The Hive will "reinforce the collective spirit of innovation." President Thomas Minar says the program will take students to the next level of pursuing their goals by creating a professional setting to create and connect around ideas, services, and new business concepts.

"We are very excited about The Hive," Minar said in a news release. "A dynamic, physical nexus of creating, connecting, learning and launching, The Hive will epitomize several of the most distinctive goals of our newly reimagined college curriculum. It will also inspire an entrepreneurial mindset to contribute new ideas and approaches to addressing complexities in today’s marketplace."

The Hive will consist of three integrative platforms:

  • The Hive Consulting Services: Allowing student teams to meet client goals through the application of relevant knowledge and skills. The Hive consulting teams may work as part of a course or as ad hoc consulting groups.
  • The Launch Pad: Facilitating small- or large-group sharing sessions for anyone looking to pilot new or to refine existing approaches to problems. Sessions are open to students, alumni, faculty, staff and community members who seek feedback on their ideas.
  • Technology, New Media and Creative Play Innovation: Students will have access to digital, video/audio and other equipment and an environment conducive to play. This feature is designed to allow the brain to play, construct and innovate.

The Hive will be located in a space in downtown Franklin previously occupied by the college's Master of Science in Athletic Training program. The college says it is searching for a director of leadership and innovation to manage the program.

John Peterson served on the Franklin College Board of Trustees from 1988 to 2003. 

  • Perspectives

    • "Wood" You Consider Investing in Timber?

      Looking for an untraditional way to diversify your traditional stock and fixed-income portfolio? If so, try thinking outside the typical realm of investable assets. Don’t know where to start? How about going against the “grain” and investing in timber? Why Trees? Investing in timber can yield a number of benefits. The main draw of having timber in your portfolio is its low, long-term correlation to traditional investments such as stocks and bonds. Low correlation...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • 1SI executives Matt Hall and Wendy Dant Chesser talked about the project on Inside INdiana Business.

      Momentum Building at 'Hot Spot' River Ridge

      As economic development officials in southeast Indiana welcomed news last week of Louisville-based PharmaCord's plans to invest $52 million and add up to 850 jobs at the River Ridge Commerce Center, they were quick to add there is more development on the horizon. River Ridge is a sprawling, 6,000 acre park located between Jeffersonville and Charlestown that was once home to the massive Indiana Army Ammunition plant and thousands of jobs. Today more than 50 companies call River...

    • Foppers CEO Michelle Leffurt (left) and Executive Director of National Sales Emily Gillam

      Logansport Company Selected in Walmart Open Call

      A Logansport-based dog treat manufacturer is one of several companies chosen to have their products sold on Walmart shelves. Foppers Pet Treat Bakery took part in Walmart's annual Open Call event, in which hundreds of small businesses and entrepreneurs pitched their products for the chance to sell them in stores. Foppers Chief Executive Officer Michelle Leffert says she was shocked to hear she was selected during the two-day event at Walmart's headquarters in Arkansas.

    • Colts Name Overton As Producer

      The Indianapolis Colts have named Larra Overton as the team's new producer and on-air talent. Overton currently is a sports reporter and anchor for Fox59 WXIN/CBS4 WTTV. She will serve as producer for Colts Productions and will serve as the television sideline reporter for preseason broadcasts and radio sideline reporter for regular season games. Overton holds two degrees from Indiana University. 
    • Bethel University Names CFO

      Bethel University has named Jerry White as vice president for administration & finance and chief financial officer. White most recently served as COO at Culver Academics and will begin his new duties on August 19. He has nearly two decades of business and finance career experience with prior positions as vice president for finance and administration at Albion College and as vice president at Spring Arbor University. 

    • Stacy Deitrich

      MutualFirst Adds Deitrich

      Muncie-based-MutualFirst Financial has appointed Stacy Deitrich loan originator at the bank's subsidiary, Summitmortgage in St. Joe, Michigan. She has worked in the mortgage lending industry for ten years.