By: Mary Ann Cozza
Accounting, finance and other business majors gathered for an informational meeting last week at the UHD College of Business to learn about a new internship program through Accion Texas, the largest nonprofit microlender in the U.S.
The program is unique to UHD and provides a $2,000 stipend and 10 weeks of business experience to six student applicants chosen by COB faculty and Accion Texas staff.
Funds for the program were donated by Fred de Roode, Chairman and CEO of PPC LOAN and contributing founder of the UHD Insurance and Risk Management Center.
“I am a business owner and my entire career has been about lending money to help people succeed,” de Roode said. “My wife, Diane, and I wanted to give back and get the bright minds of UHD involved with lending money to small business people all over Houston.”
De Roode said he was very excited about this partnership and the opportunities it will bring to UHD students and the community. De Roode’s son David is a COB alumnus.
Students chosen for the program will work with Accion staff to build marketing and sales strategies for the Houston market and then execute some of those proposed strategies.
Criteria for applicants includes a 3.2 grade point average, 19 hours completed in the business degree and a spirit of entrepreneurship.
The program begins Feb. 24 and 25 with a microlending/microfinance bootcamp for all interested applicants and continues to April 28.