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Standridges Establish UCA Scholarship in Innovation, Entrepreneurship

2 min read

Jeff and Lori Standridge have established the first endowed scholarship in innovation and entrepreneurship at the University of Central Arkansas College of Business with a $25,000 gift.

The annual Dr. Jeff and Lori Standridge Innovation & Entrepreneurship Scholarship of $1,125 will be awarded to one upperclassman majoring in innovation and entrepreneurship. The first will be awarded this fall.

“We wanted to honor the act of entrepreneurship and young, aspiring entrepreneurs and, hopefully, ease their mind a bit about meeting financial obligations while completing their degree,” Standridge, adjunct professor of innovation and entrepreneurship and chief catalyst of Conductor, said in a news release. “Our hope with this scholarship is its beneficiaries will create the next startup or corporation that employs hundreds in our community.”

The innovation and entrepreneurship program was launched at UCA in 2012. Its 74 students engage in experiential, hands-on activities to learn how to form ideas, implement ideas and start a business.

“Even if these students don’t go on to start their own business, established firms and companies, public schools, universities, hospitals and health care systems want to hire innovative, entrepreneurial talent,” Standridge said. “The program in the UCA College of Business does a great job of equipping the aspiring entrepreneur and innovator.”

Standridge is also a member of the UCA College of Business Advisory Board, co-founder of Cadron Capital Partners and is involved in several venture companies that support entrepreneurs and startups in Arkansas.

Lori Standridge said in the release, “It was a given for me that it needed to be done. The number of coaching sessions Jeff has done in the last few years, the profile of companies that have moved to Conway and just the general excitement level toward the field in our community, it shows a need for this.”

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