june 11, 2003

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ECU'S Mayfield wins noted prize for entrepreneurship achievements

Dr. William M. Mayfield, dean of the School of Business and founding director of the Center for Entrepreneurship at East Central University, has been named the 76th recipient of the Edwin M. and Gloria W. Appel Prize by Babson College in Babson Park, Mass.

Awardees are recognized for their contributions to entrepreneurship education and for bringing "entrepreneurial vitality to academe in the true spirit of the school's Price-Babson College Fellows Program."

Mayfield received the award for his extensive work with the Scottish government creating infrastructure for start-up companies, enhancing the funding opportunities between angel investors and entrepreneurs, revitalizing an entrepreneurship program at a liberal arts college in Pennsylvania, starting a seed capital fund, initiating several business plan competitions and, in 2001, establishing a new center for entrepreneurship and an entrepreneurship program at ECU.

He also has taught at Wichita State University, Northwestern Oklahoma State University and Northeastern State University.
He was a senior research fellow at Glasgow Caledonian University in Scotland for two years, where he earned a doctor of philosophy degree, and a visiting doctoral fellow at Babson College, where he earned a certificate of advanced graduate studies in entrepreneurship. He also holds a bachelor's degree from the University of Southern Mississippi, a master's degree from NSU and a doctor of education degree from Oklahoma State University.

Dr. John Bailey of Swinburne University, Melbourne, Australia, also received the prize for 2003. It was created in 1987 to honor the late Edwin Appel, the founding president of the Price Institute for Entrepreneurial Studies at Babson College, and his late wife, Gloria W. Appel, past president of the institute. Previous winners have included American and international educators, entrepreneurs and venture capitalists who have made significant contributions to the field of entrepreneurship.

Story contact: Jill Frye, ECU