  {"id":1904,"date":"2023-01-23T09:00:24","date_gmt":"2023-01-23T14:00:24","guid":{"rendered":"https:\/\/www.bridgeport.edu\/news\/?p=1904"},"modified":"2023-04-06T10:19:08","modified_gmt":"2023-04-06T14:19:08","slug":"george-and-carol-bauer-boost-business-and-manufacturing","status":"publish","type":"post","link":"https:\/\/www.bridgeport.edu\/news\/george-and-carol-bauer-boost-business-and-manufacturing\/","title":{"rendered":"George and Carol Bauer Boost Business and Manufacturing on the UB Campus"},"content":{"rendered":"<p>by Eric D. Lehman, UB Communications Specialist<\/p>\n<p>Philanthropists <strong>George and Carol Bauer<\/strong>, who have a long-established commitment of support for 越南直播, have invested an additional $2 million to enhance the future of innovation and manufacturing on campus.<\/p>\n<p>One million dollars gifted directly to UB will ensure the longevity of the <a href=\"https:\/\/www.bridgeport.edu\/research-grants\/innovation-entrepreneurship\/bauer-hall\/\">Innovation Center in Bauer Hall<\/a>, a resource for student-entrepreneurs and Connecticut businesses that comprises a podcast studio, conference and presentation rooms, individualized computer work stations, collaborative \u201cbrainstorming booths,\u201d and lab areas to students as well as the local community. The Bauers\u2019 previous $2.7 million gift enabled the creation of the Innovation Center, which houses the <a href=\"https:\/\/www.bridgeport.edu\/research-grants\/innovation-entrepreneurship\/student-entrepreneur-center\">Student Entrepreneur Center (SEC)<\/a>, the <a href=\"https:\/\/www.bridgeport.edu\/research-grants\/innovation-entrepreneurship\/sec-club\">SEC Club<\/a>, a <a href=\"https:\/\/www.bridgeport.edu\/research-grants\/innovation-entrepreneurship\/technology-commercialization-group\">Technology Commercialization Group<\/a> (TCG), and the <a href=\"https:\/\/www.bridgeport.edu\/research-grants\/innovation-entrepreneurship\/accelerator\">Bridgeport Accelerator Program<\/a>. Their additional gift will establish an endowment for a Director, Assistant to the Director, Entrepreneurs in Residence who provide support, and other operations of the Center.<\/p>\n<p>\u201cGiving to an endowment is a great idea,\u201d says George. \u201cWe want to be supportive of building the Center and want to be sure that there is money that earns income and continues in a sustainable way for the future.\u201d<\/p>\n<p>\u201cThis will ensure the long-term health of the Innovation Center,\u201d agrees <strong>Elena Cahill<\/strong>, Vice President of Innovation, Strategy, and Advancement. \u201cStewardship is a mission we share with the Bauers.\u201d<\/p>\n<p>A second gift of $1 million to Goodwin University will facilitate recruitment for the planned extension of Goodwin\u2019s manufacturing program to the UB campus. \u201cIf you have a passion for a new good or service, you need a place to facilitate that passion,\u201d says George. \u201cThat\u2019s what the Innovation Center is all about, just like the Manufacturing Center is about giving options to young people who want to work with their hands.\u201d<\/p>\n<p>This Manufacturing Center will host majors from Goodwin\u2019s Manufacturing, Machining, and Logistics program, one of several cross-pollinating initiatives planned for the new partnership between the schools. The Bauers\u2019 donation will provide the ability to recruit students via a strategically targeted scholarship fund.<\/p>\n<p>\u201cThis scholarship allows students interested in something like welding to learn in proximity to a four-year program,\u201d says George. \u201cThey will get training for meaningful and well-paying jobs \u2014 and have the opportunity to take courses in philosophy, literature, and mathematics.\u201d<\/p>\n<p>\u201cI think we have to work harder in our educational system to find out what their passion is and then find a job that matches that,\u201d agrees Carol. \u201cThen we can work on giving them the facility and skills they need.\u201d<\/p>\n<p>With a <a href=\"https:\/\/www.bridgeport.edu\/academics\/programs\/mechanical-engineering-ms\/\">master\u2019s degree in engineering<\/a>, George spent his long career at IBM in a variety of executive positions including marketing, finance, and business systems. After retiring in 1987, he founded an investment banking firm, The GPB Group Ltd., and serves on numerous corporate boards. Carol Bauer serves on the board of trustees at <a href=\"https:\/\/www.nuvancehealth.org\/locations\/norwalk-hospital\">Norwalk Hospital,<\/a> founded and led the hospital\u2019s ER Reception Volunteers, and serves as an on-call volunteer chaplain to assist grieving families and sick patients.<\/p>\n<p>In 1989, they founded the Bauer Family Foundation to support healthcare and education initiatives, seeing their good fortune as an opportunity to give back. \u201cWe need to think about stewardship, not just of financial resources but our skills and gifts as well,\u201d says George. \u201cStewardship is a mindset as much as anything.\u201d<\/p>\n<p>The fact that these donations benefit students at both UB and Goodwin also demonstrates the synergy between the two institutions and their missions, particularly forays into certificate programs and other non-traditional education. \u201cWe think that collaboration is marvelous,\u201d says George. \u201cBringing the perspective of Goodwin, especially with a manufacturing center, is brilliant.\u201d<\/p>\n<p>\u201cThe Bauers live their values,\u201d says UB\u2019s president, <strong>Danielle Wilken<\/strong>. \u201cNot only do they support causes that they believe in, they roll up their sleeves and engage with the individuals and institutions they support. They are there for our students.\u201d<\/p>\n<p>\u201cThe Bauers\u2019 gift is yet another step in creating the cross-culture between the two universities that we envisioned two years ago,\u201d adds Goodwin\u2019s president, <strong>Mark Scheinberg<\/strong>. \u201cThere are common themes at play that we can capitalize on: entrepreneurship, innovation, workforce development and, most important, service to our students. The Bauers\u2019 demonstration of trust in us today means life-changing advantages for students, their families, the employers, and their communities.\u201d<\/p>\n<p>It comes as no surprise that the Bauers also love the new leadership at the 越南直播. \u201cA key element is not just the programs but the leaders,\u201d says George. \u201cOne of our successes commercially has been picking the right people for the right enterprise, and that is just as important in non-profits. Investing in leaders like Danielle Wilken and Elena Cahill is something we believe in.\u201d<\/p>\n<p>Finally, the Bauers see their generous donations to UB and Goodwin as part of their larger mission to help underserved communities. \u201cWe really feel strongly about the direction they are going,\u201d says Carol. \u201cWe all share the idea of leveling the playing field and Bridgeport is the perfect place to do that.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>George and Carol Bauer have invested an additional $2 million to enhance the future of innovation and manufacturing at UB. Learn more about their donation. <a href=\"https:\/\/www.bridgeport.edu\/news\/george-and-carol-bauer-boost-business-and-manufacturing\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">George and Carol Bauer Boost Business and Manufacturing on the UB Campus<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":1906,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[94,23],"tags":[15,2,20],"class_list":{"0":"post-1904","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-featured","8":"category-ub-news","9":"tag-bauer-hall-innovation-center","10":"tag-featured","11":"tag-student-entrepreneur-center","13":"fallback-thumbnail"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>George and Carol Bauer Family Foundation | 越南直播<\/title>\n<meta name=\"description\" content=\"George and Carol Bauer have invested an additional $2 million to enhance the future of innovation and manufacturing at UB. Learn more about their donation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bridgeport.edu\/news\/george-and-carol-bauer-boost-business-and-manufacturing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"George and Carol Bauer Family Foundation | 越南直播\" \/>\n<meta property=\"og:description\" content=\"George and Carol Bauer have invested an additional $2 million to enhance the future of innovation and manufacturing at UB. Learn more about their donation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bridgeport.edu\/news\/george-and-carol-bauer-boost-business-and-manufacturing\/\" \/>\n<meta property=\"og:site_name\" content=\"越南直播 News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/UBridgeport\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-23T14:00:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-06T14:19:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bridgeport.edu\/news\/wp-content\/uploads\/2023\/01\/BauerFamilyMast.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"904\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Eric Lehman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ubridgeport\" \/>\n<meta name=\"twitter:site\" content=\"@ubridgeport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Eric Lehman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.bridgeport.edu\/news\/george-and-carol-bauer-boost-business-and-manufacturing\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.bridgeport.edu\/news\/george-and-carol-bauer-boost-business-and-manufacturing\/\"},\"author\":{\"name\":\"Eric Lehman\",\"@id\":\"https:\/\/www.bridgeport.edu\/news\/#\/schema\/person\/58290fbff751ff568d7a20d2a29e0e0d\"},\"headline\":\"George and Carol Bauer Boost Business and Manufacturing on the UB Campus\",\"datePublished\":\"2023-01-23T14:00:24+00:00\",\"dateModified\":\"2023-04-06T14:19:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.bridgeport.edu\/news\/george-and-carol-bauer-boost-business-and-manufacturing\/\"},\"wordCount\":838,\"publisher\":{\"@id\":\"https:\/\/www.bridgeport.edu\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.bridgeport.edu\/news\/george-and-carol-bauer-boost-business-and-manufacturing\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/www.bridgeport.edu\/news\/wp-content\/uploads\/2023\/01\/BauerFamilyMast.jpg?fit=1920%2C904&ssl=1\",\"keywords\":[\"Bauer Hall Innovation Center\",\"featured\",\"Student Entrepreneur Center\"],\"articleSection\":[\"featured\",\"UB News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bridgeport.edu\/news\/george-and-carol-bauer-boost-business-and-manufacturing\/\",\"url\":\"https:\/\/www.bridgeport.edu\/news\/george-and-carol-bauer-boost-business-and-manufacturing\/\",\"name\":\"George and Carol Bauer Family Foundation | 越南直播\",\"isPartOf\":{\"@id\":\"https:\/\/www.bridgeport.edu\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.bridgeport.edu\/news\/george-and-carol-bauer-boost-business-and-manufacturing\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.bridgeport.edu\/news\/george-and-carol-bauer-boost-business-and-manufacturing\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/www.bridgeport.edu\/news\/wp-content\/uploads\/2023\/01\/BauerFamilyMast.jpg?fit=1920%2C904&ssl=1\",\"datePublished\":\"2023-01-23T14:00:24+00:00\",\"dateModified\":\"2023-04-06T14:19:08+00:00\",\"description\":\"George and Carol Bauer have invested an additional $2 million to enhance the future of innovation and manufacturing at UB. 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