Board of Regents approve Paulson Center at DSU

The next generation of entrepreneurs will have new resources available to them at Dakota State University in Madison.  The state Board of Regents on Thursday approved the name for a new program unit at Dakota State.  The Paulson Cyber Incubator and Entrepreneurial Center (PCIEC) is named after Matt Paulson, a DSU alumnus, entrepreneur, private equity investor, and author.

Paulson and his wife, Karine, have signed a sponsorship gift agreement for 300-thousand dollars to the Dakota State University Foundation. The gift will be used to directly fund the Center, which will provide a tech-transfer, entrepreneurship, and business start-up center to work with both intellectual property from the Madison Cyber Labs and the Collegiate Entrepreneurs Organization student club on campus.  The center will be based in a facility on the north edge of campus.

DSU President José-Marie Griffiths said that Paulson is “the perfect example of a successful entrepreneur” and the “perfect example of what is possible with a degree from Dakota State”.  Griffiths said that Paulson began creating businesses while in college and has built a successful career from that experience.   

The Center will also provide pre-seed capital to select startup businesses that come out of the university, Paulson said, and he hopes that DSU will launch several successful, high-growth technology companies over the next five years.

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