29 January, 2008 – Manchester Business School secures funding for entrepreneurship chair
A generous donation from Eddie Davies OBE, owner of Bolton Wanderers FC, will fund a new Chair for Entrepreneurship at Manchester Business School (MBS).
The Chair will lead the recently launched Centre for Enterprise and spearhead the School’s drive to generate entrepreneurial activity.
MBS is already committed to supporting emerging businesses through its Incubator, which has recently been working behind the scenes with BBC2′s Dragons’ Den on the viability of contestants’ business plans.
Eddie Davies said: "MBS has an excellent reputation for innovation in business education and I’m delighted to support this initiative, which I hope will inspire entrepreneurs of the future."
A successful entrepreneur himself – Eddie Davies sold Strix, the maker of the switch that turns off kettles when the water boils, to ABN Amro in 2005 for over £300 million.
He expanded the company from its Isle of Man base and it now has a global presence in Belgium, Russia, Hong Kong and China.
Eddie Davies has a long-standing relationship with MBS, having attended the School in 1982 when he took an intensive Portuguese language course in preparation for working in Brazil.
So impressed he was with the School, and its library, that he decided to provide a substantial contribution to further its work. In recognition of this, the Eddie Davies library is now one of the largest business libraries in Europe.
Professor Michael Luger, director of Manchester Business School, commented: "We are delighted that Eddie Davies continues in his generous support of MBS.
"His pioneering attitude towards business education reflects our own commitment to breaking down barriers between business theory and practice.
"Through the Chair in Entrepreneurship and the Centre for Enterprise, we hope that emerging business leaders will be inspired to combine their entrepreneurial instinct with rigorous business understanding, so they are able to turn their visions into commercially successful ventures."
Source: MBS press release