MU Chancellor encourages enterpreneurship at MU Extension sites

2 years 8 months 5 days ago Thursday, December 18 2014 Dec 18, 2014 Thursday, December 18, 2014 1:58:00 PM CST December 18, 2014 in News
By: Amanda LaBrot, KOMU 8 Reporter
loading

FULTON - MU Chancellor R. Bowen Loftin met with alumni and Fulton business and community leaders to discuss a new proposal to bring money into the university.

Loftin has been traveling around the state to gather input and information from community leaders about what he and the university are doing that works and what needs improvement.

"My goal is to go around the entire state of Missouri, hit it region by region, meet key people there from our alumni, meet key people from Extension, talk to leadership from the political spectrum as well," Loftin said. "And be sure I hear from them directly what Mizzou can do for them, and remind them what Mizzou does for them already."

Loftin said the university is actively trying to figure out a way to keep tuition costs low as state funding declines or flat lines. He said more philanthropic endeavors have been added in recent years to help with this, but it still hasn't generated enough money. He is now proposing a new initiative promoting student and professor business partnerships to share new ideas in order to bring more money back to MU.

"We think a way to do that is taking our creativity, something we do so well at Mizzou, and partner with the private sector to form new businesses owned partially by the inventors, the university and by our partners in the private sector" Loftin said. "And those businesses that succeed can become quite valuable. When they're sold or become public properties, that means a big transaction occurs bringing money back to the university to help pay the bills."

Loftin said one such business has already been sold for $40 million, and he hopes such initiatives can create new business in cities across the state.

"Fulton can be a place where we build great jobs coming from ideas built at the University of Missouri," he said.

Vice Provost and Director of MU extension Michael Ouart said Fulton and Callaway county have been focal points for years.

"Extension is organized by having county Extension Councils in every county who are the bridge between the local community and the campus to help inform us about what it is we need to do with regards to educational programs to educate the citizenry of the state," Ouart said. "It's very important and we certainly have it here in Callaway County."

Fulton Mayor Leroy Benton said he is thankful the chancellor is committed to the city and sees the economic and agricultural impacts MU programs have there.

"Fulton has considered ourself part of the Mizzou family," Benton said. "The Extension Council is a great resource for us. All of our businesses will utilize their expertise. And of course, in our agriculture industry, those folks are constantly seeking advice from the Extension Council."

But Loftin said MU Extension extends far beyond mid-Missouri.

"MU Extension has 1,200 people statewide. They're in every single county in Missouri. Everyone in this state is touched by them one way or the other fairly often," he said. "In fact, this past year, there were 2 million people served directly by Extension in the state of Missouri. Think about that. Two million out of six million people were served this past year alone. That touches your life as a farmer and rancher sure, but small businesses get benefits too. So do people who want to be well. We have health issues. We need to have good nutrition. We have arts programs. We have everything out there you can imagine now across this state providing at their location what people want to have."

Loftin called on those at the luncheon to help him plan for the 200th anniversary of the university.

"I'm looking forward now 25 years in the future when the university turn 200 years of age," Loftin said. "What will Mizzou be then? If we can define that and share a consensus view of it, that means our students, our faculty, our staff, our alumni all think the same way about our future, we can achieve it. We have the wherewithal to get where we want to go if we know where that is."

 

More News

Grid
List
ASHLAND - Fire gutted a home on Eastside Drive in Ashland on Wednesday night. Three nearby buildings were damaged. ... More >>
5 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 8:18:00 PM CDT August 23, 2017 in News
JEFFERSON CITY - Missouri State Highway Patrol anticipated the 2017 eclipse would cause problems on highways and roads in mid-Missouri.... More >>
6 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 7:40:00 PM CDT August 23, 2017 in News
COLUMBIA - Art is food for the soul and the economy. According to a new study, the nonprofit arts... More >>
7 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 6:39:00 PM CDT August 23, 2017 in News
CALLAWAY COUNTY - Callaway County Sheriff's deputies, state troopers and a SWAT team on Wednesday surrounded a home where an... More >>
8 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 5:55:00 PM CDT August 23, 2017 in Top Stories
COLUMBIA - High speeds and heavy traffic along Rollins Road resulted in a public forum Wednesday night. Columbia Public Works... More >>
9 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 4:55:00 PM CDT August 23, 2017 in Top Stories
COLUMBIA - On Friday, The University of Missouri Board of Curators are expected to approve the Memorial Stadium South Expansion... More >>
10 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 3:58:00 PM CDT August 23, 2017 in Top Stories
JEFFERSON CITY - Missouri Gov. Eric Greitens once again pushed for Sen. Maria Chappelle-Nadal (D-St. Louis) to resign after her... More >>
10 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 3:42:00 PM CDT August 23, 2017 in News
COLUMBIA – Graduate students at the University of Missouri say while they've achieved a lot of success in the past... More >>
10 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 3:41:00 PM CDT August 23, 2017 in News
COLUMBIA – The solar eclipse has come and gone, and Columbia is saying the once-in-a-lifetime event brought around $1.36 million... More >>
10 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 3:39:00 PM CDT August 23, 2017 in News
JEFFERSON CITY, Mo. (AP) — Gov. Eric Greitens announced appointments to several boards and commissions, including three new members of... More >>
10 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 3:25:30 PM CDT August 23, 2017 in News
COLUMBIA - Traffic in downtown Columbia is already chaotic, especially due to the ongoing construction near campus. Throw in... More >>
10 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 3:25:00 PM CDT August 23, 2017 in News
COLUMBIA - The Powerball jackpot has reached its' second highest total in history, estimated at $700 million, which someone could... More >>
11 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 2:30:00 PM CDT August 23, 2017 in News
COLUMBIA - Columbia police are looking for the man they say fired shots at a vehicle. Investigators say a... More >>
11 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 2:26:43 PM CDT August 23, 2017 in News
CUBA, Mo. (AP) — A Native American tribe in Oklahoma is hiring lobbyists in its bid to open a casino... More >>
11 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 2:16:26 PM CDT August 23, 2017 in News
ST. LOUIS (AP) — Three people are recovering from injuries after strong turbulence forced a regional airline plane to divert... More >>
11 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 2:05:07 PM CDT August 23, 2017 in News
ST. LOUIS (AP) — Just months after dismantling a Confederate memorial, the city of St. Louis has torn up a... More >>
12 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 1:04:28 PM CDT August 23, 2017 in News
JEFFERSON CITY (AP) — There's a new website aimed at providing sexual harassment resources to interns following past allegations... More >>
13 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 12:37:57 PM CDT August 23, 2017 in News
JEFFERSON CITY (AP) — Missouri Governor Eric Greitens says if a state lawmaker who expressed hope on Facebook that... More >>
13 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 12:25:00 PM CDT August 23, 2017 in News
Columbia, MO
Broken Clouds 61°
2am 60°
3am 59°
4am 58°
5am 58°

Select a station to view its upcoming schedule:

Coming Up Next

1:37a
Paid Program
2:07a
Today
3:00a
Mad Money
1:30a
Seinfeld
2:00a
Paid Program
2:30a
Paid Program

Tonight's Schedule

7:00p
The Wall
8:00p
Saturday Night Live
8:30p
Great News
9:00p
The Night Shift
7:00p
Penn & Teller: Fool Us
8:00p
Whose Line Is It Anyway?
8:30p
Whose Line Is It Anyway?
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld