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College of Business receives $2 million grant for research and faculty expansion

By Matthew Keck —

The University of Louisville College of Business announced Nov. 14 that they received a $2 million grant from the Joseph W. Craft III Foundation. The College of Business plans to use this grant to increase research and expand faculty.

This funding will go towards the Center for Free Enterprise to continue its exploration of entrepreneurship’s advancement in the well-being of society. “This helps students see real life applications to what they are studying,” said Stephan Gohmann, director of the Center for Free Enterprise.

“The Center for Free Enterprise is tackling seemingly intractable problems with a fresh perspective and innovative solutions,” said president, CEO and chairman of Alliance Resource Partners LP, Joseph Craft.