2010 Press Release: NCCI Leveraging Excellence Award Winners Selected
MIT and Kuali Create Models for Higher Education’s Fight to Be Efficient and Produce Economic Benefit
WEST HARTFORD, CT (July 26, 2010) – Taxpayer disinvestment, rising costs, and the slowing economy have created two distinct challenges for higher education. Those who fund higher education through taxes and tuition expect their dollars to be used wisely and efficiently. At the same time they expect their institutions of higher education to contribute to the economic strength of their communities, states and the nation as a whole.
Two exemplary models of success in meeting these challenges in action were featured awardees of the National Consortium for Continuous Improvement in Higher Education’s (NCCI) Leveraging Excellence Award. The first, Kuali, is an innovative collaboration for building opensource administrative software for a community of over 50 institutions and counting, saving all members development costs, as well as ensuring their products work efficiently and effectively
in higher education systems. The second, MIT’s Venture Mentoring Service, matches innovators and their ideas with experienced entrepreneurs who can help turn their ideas into successful businesses.
Representatives from Kuali and MIT’s Venture Mentoring Service (VMS) received the 2010 Leveraging Excellence Award on July 23 at NCCI’s 11th Annual Conference in San Francisco, CA. The award is sponsored by the Follett Higher Education Group. (read more)