Entrepreneur Peter Cullum, founder of the Towergate Partnership, is providing £10 million for the Cass Business School to form a new Centre for Entrepreneurship.
The Peter Cullum Centre for Entrepreneurship will provide support and funding to budding entrepreneurs, with a focus on the finance or service sector ans is expected to be one of the largest centres of its kind in the world.
Cullum’s funding will be used to establish a £10 million seed fund tol be used to finance new projects pitched by both aspiring and established entrepreneurs.
These ideas will be presented to a panel of sector experts who will provide advice drawn from experience at Cass, the City and broader service sector.
Mr Cullum, who completed an MBA at Cass Business School, said: “Studying at Cass furnished me with the skills I needed to achieve my ambitions and I am delighted to be able to offer that opportunity to a younger generation. The Entrepreneurship Centre at Cass will allow both young and more established entrepreneurs to present their ideas to a panel of people who have gone through the same challenges and will be empathetic to their needs.”
Richard Gillingwater, Dean of Cass Business School said: “Peter’s association with Cass goes back a long way and this unique, innovative and visionary initiative will put Cass’ commitment to nurture the next generation of entrepreneurs firmly on the global map.”