Steven Kaplan, Neubauer Family Professor of Entrepreneurship and Finance at the University of Chicago Graduate School of Business, has been elected co-dean of the Kauffman Fellows Program, an educational and mentoring program for MBA graduates and others who plan careers in venture capital and high-growth start-ups in the U.S. and abroad.
Kaplan was also elected a director of the Center for Venture Education, a California-based non-profit, post-graduate educational institute that runs the Kauffman Fellows Program.
Kaplan’s new responsibilities with the Kauffman Foundation complement his ongoing role as faculty director of University of Chicago Graduate School of Business Polsky Center for Entrepreneurship.
During the 2006-07 academic year Kaplan will teach courses in entrepreneurial finance and private equity, and the theory of financial decisions. He also is closely involved with other activities at the Chicago GSB Polsky Center including the Edward L. Kaplan New Venture Challenge, and management laboratory courses in private equity, venture capital and small business start-ups.
Since it was founded in 1994, 90 people have graduated from the two-year Kauffman Fellows Program, with an additional 49 currently completing their fellowships.
More than 75 percent of program alumni have gone on to become general partners in venture capital firms, and about 20 percent of the alumni founded their own companies or venture capital firms.
Kauffman fellows typically are MBA graduates or have advanced degrees in science or technology.
Joining Kaplan as co-dean of the Kauffman Fellows Program is Brian Dovey, a partner at Domain Associates, a venture capital firm.