MU Chancellor encourages enterpreneurship at MU Extension sites

5 years 5 months 1 week 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
COLUMBIA – The messy weather pattern we’ve been in is about to head east and we’ll be left with cooler... More >>
7 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 9:57:00 PM CDT May 26, 2020 in Weather
LAKE OF THE OZARKS —After videos of a crowded Lake of the Ozarks bar went viral over Memorial Day weekend,... More >>
7 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 9:45:58 PM CDT May 26, 2020 in News
COLUMBIA - With schools closed and after school programs cancelled because of the COVID-19 pandemic, the community has gotten creative... More >>
8 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 9:37:00 PM CDT May 26, 2020 in News
CALLAWAY COUNTY — Deputies from the Callaway County Sheriff's Office arrested an 18-year-old from Tebbetts on Monday. Just after... More >>
8 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 9:03:11 PM CDT May 26, 2020 in News
JEFFERSON CITY — Some elementary and middle schools in Jefferson City will be holding drive-through celebrations for students. ... More >>
8 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 8:49:00 PM CDT May 26, 2020 in News
COLUMBIA —A formal plea of not guilty in the murder of Mengqi Ji was filed on behalf of Joseph... More >>
9 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 8:22:00 PM CDT May 26, 2020 in News
JEFFERSON CITY - Gov. Mike Parson announced Tuesday that Missouri voters will see the constitutional amendment to expand Medicaid eligibility... More >>
9 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 8:03:00 PM CDT May 26, 2020 in News
COLUMBIA — As state and commercial testing is more available for the Missourians, the number of confirmed cases is rising.... More >>
9 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 8:00:00 PM CDT May 26, 2020 in News
TOPEKA, Kan. (AP) — The top health official in Kansas on Tuesday urged Kansans who joined large gatherings at Missouri's... More >>
10 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 6:49:56 PM CDT May 26, 2020 in News
MISSOURI - Missouri is moving into a new phase of COVID-19 reopening that will implement a new set of guidelines... More >>
11 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 5:44:00 PM CDT May 26, 2020 in News
JEFFERSON CITY - Governor Mike Parson will deliver his daily COVID-19 briefing live from the State Capitol in Jefferson City... More >>
15 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 2:01:00 PM CDT May 26, 2020 in News
KANSAS CITY - The Missouri Western District Court of Appeals upheld a ruling Tuesday that the city of Columbia acted... More >>
17 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 12:14:00 PM CDT May 26, 2020 in News
HOWARD COUNTY - A 30-year-old Armstrong, Mo. man is dead after a two person crash on Missouri State Highway 5... More >>
20 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 8:38:00 AM CDT May 26, 2020 in Top Stories
(CNN) - Despite dips in recent years in gun violence and the sanctioned stay-at-home orders, Chicago saw its deadliest Memorial... More >>
23 hours ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 5:54:36 AM CDT May 26, 2020 in News
As COVID-19 spreads, KOMU 8 will continue to update you about the impacts on the community. You can find... More >>
1 day ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 5:29:00 AM CDT May 26, 2020 in News
CHARITON COUNTY —A tornado briefly touched down in Chariton County just after 6 p.m., according to the National Weather Service... More >>
1 day ago Monday, May 25 2020 May 25, 2020 Monday, May 25, 2020 9:50:00 PM CDT May 25, 2020 in News
O’FALLON — Missouri’s health director issued a dire warning Monday after photos and video showed Memorial Day weekend revelers partying... More >>
1 day ago Monday, May 25 2020 May 25, 2020 Monday, May 25, 2020 8:39:00 PM CDT May 25, 2020 in News
COLUMBIA — Despite the COVID-19 pandemic sidelining all youth sports from play, one local coach decided to get some practice... More >>
1 day ago Monday, May 25 2020 May 25, 2020 Monday, May 25, 2020 5:57:00 PM CDT May 25, 2020 in News
Columbia, MO
Broken Clouds 67°
6am 66°
7am 67°
8am 68°
9am 70°