University of Vermont

$250,000 Gift to UVM School of Business Administration

A quarter-million-dollar gift from The Grossman Family Foundation of Cos Cob, Conn. has been designated to support the priorities of the incoming dean of the University of Vermont's School of Business Administration.

Designated to the School of Business Administration Dean's Fund, the gift is being made as an investment in the future of the School of Business Administration, according to Steven Grossman, a 1961 UVM alumnus and chair of the board of trustees of the foundation. The gift will be used at the discretion of the incoming dean, Sanjay Sharma, Grossman said.

“We were very pleased to learn that the university was able to attract a new dean with the proven leadership abilities and academic credentials of Dr. Sharma,” said Grossman. “The experience that both he and Pramodita Sharma bring to UVM strike us as a perfect fit for the school's existing strengths and emerging areas of academic distinctiveness.” Sharma's spouse, Pramodita Sharma, is an internationally distinguished scholar in the fields of entrepreneurship and family business and has accepted an appointment to the faculty of the UVM School of Business Administration as the Daniel Clarke Sanders Professor.

Incoming dean Sanjay Sharma said he will use The Grossman Family Foundation gift to advance the business school on a number of fronts, including student career advising and services; entrepreneurial and organizational skills development; and program and curriculum development for areas of strategic focus such as entrepreneurship and family business. Other priorities could include summer support for faculty research projects; student scholarships; development and hosting of academic conferences and travel to such conferences held elsewhere; hosting prestigious scholars as speakers international recruitment; communications; and student recruitment.