{"id":180673,"date":"2023-07-21T10:55:21","date_gmt":"2023-07-21T20:55:21","guid":{"rendered":"https:\/\/www.hawaii.edu\/news\/?p=180673"},"modified":"2023-07-25T10:08:02","modified_gmt":"2023-07-25T20:08:02","slug":"ching-foundation-200k-rise-gift","status":"publish","type":"post","link":"https:\/\/www.hawaii.edu\/news\/2023\/07\/21\/ching-foundation-200k-rise-gift\/","title":{"rendered":"$200K<\/abbr> gift from The Clarence T.C. Ching Foundation supports RISE<\/abbr> program"},"content":{"rendered":"Reading time: <\/span> 3<\/span> minutes<\/span><\/span>
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From left, UH<\/abbr> Foundation Vice President for Administration and CFO<\/abbr> John Han, The Clarence T.C.<\/abbr> Ching Foundation Executive Director Tertia Freas, Shidler College of Business Dean Vance Roley and Pacific Asian Center for Entrepreneurship Executive Director Sandra Fujiyama<\/figcaption><\/figure>\n

The Clarence T.C.<\/abbr> Ching Foundation<\/a> has given $200,000 to the University of Â鶹´«Ã½<\/span> at M\u0101noa\u2019s RISE<\/abbr>—Residences for Innovative Student Entrepreneurs<\/a>—project, a world-class innovation and entrepreneurship center coupled with student housing being built on the site of the former Atherton YMCA<\/abbr> across from the flagship campus.<\/p>\n

The gift helps to fund scholarships for student residents at the 374-bed live-learn-work community at RISE<\/abbr> with programs operated by the Pacific Asian Center for Entrepreneurship<\/a> (PACE<\/abbr>) at the UH<\/abbr> M\u0101noa Shidler College of Business<\/a>.<\/p>\n

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RISE exterior rendering (Courtesy: Hunt Development Group)<\/figcaption><\/figure>\n

Student residents who move into RISE<\/abbr> for the fall semester will enjoy a brand-new housing community with like-minded students, and proximity to the wealth of UH<\/abbr> entrepreneurship programs offered by PACE<\/abbr> in the classroom, makerspaces, meeting rooms and co-working spaces on the floors below.<\/p>\n

“We want every student who is a creator, changemaker and problem-solver to have the opportunity to live at RISE<\/abbr> and be immersed in an environment where they can explore their passions and bring their ideas to life, however, the cost to live at RISE<\/abbr> is a barrier for some of these students,” said PACE<\/abbr> Executive Director Sandra Fujiyama. “Through the generous donation by The Clarence T.C.<\/abbr> Ching Foundation, we are able to offer scholarships to these students as part of our PACE<\/abbr> Leaders program and open the door to this unique opportunity.”<\/p>\n

The gift builds on The Clarence T.C.<\/abbr> Ching Foundation\u2019s long standing support for UH<\/abbr> academic and athletic programs.<\/p>\n

“On behalf of The Clarence T.C.<\/abbr> Ching Foundation, we congratulate PACE<\/abbr> at the Shidler College for creating this world-class innovation and entrepreneurship center and student housing facility, that will benefit not only Shidler students, but students from all majors and campuses throughout the UH<\/abbr> System that participate in PACE<\/abbr>‘s programs at RISE<\/abbr>,” said Tertia Freas, Shidler College of Business alumna and executive director of The Clarence T.C.<\/abbr> Ching Foundation.<\/p>\n

“The Clarence T.C.<\/abbr> Ching Foundation\u2019s vision aligns with our mission to nurture local talent and innovation, empowering UH<\/abbr> students to make a lasting impact in Â鶹´«Ã½<\/span>,” said Shidler College of Business Dean Vance Roley. “We are grateful for the generous scholarship support, which enables us to unlock the potential of deserving student entrepreneurs. The PACE<\/abbr> Leaders program stands at the forefront of educational innovation, providing students with an opportunity to cultivate and refine their entrepreneurial and leadership skills.”<\/p>\n

Read more about the UH<\/abbr> M\u0101noa RISE<\/abbr> center.<\/a>
To apply, visit the RISE website<\/a>.<\/span><\/p>\n

This gift is among a number of private gifts totaling more than $5 million that PACE<\/abbr>, along with UH<\/abbr> Foundation, has raised to pay for the costs of furnishing and equipping RISE<\/abbr> and to cover the cost of operations and scholarships in the first few years of operation.<\/p>\n

RISE<\/abbr> is fully-funded with private, non-taxpayer money under a public-private partnership (P3) between UH<\/abbr>, UH<\/abbr> Foundation<\/a> and Hunt Development Group Â鶹´«Ã½<\/span>. Moss is the general contractor on the project and B.HOM Student Living will manage RISE<\/abbr>, the university\u2019s first externally managed student housing complex.<\/p>\n

Current and prospective students at any of the 10 UH<\/abbr> campuses are welcome to apply. For more information and to apply, visit the RISE<\/abbr> website<\/a>. All RISE<\/abbr> student spaces, including student housing rooms, will be open by August. The Atherton wing, which will house office space for UH<\/abbr> Foundation and additional ideation space for PACE<\/abbr>, is expected to be completed by January 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"

This gift is among a number of private gifts totaling more than $5 million that PACE<\/abbr>, along with UH<\/abbr> Foundation, has raised for RISE<\/abbr>.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[498,734,1505,1466,425,1593,146,319,9,947],"class_list":["post-180673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-academic-news","tag-business","tag-entrepreneurship","tag-innovation","tag-manoa-enhancing-student-success","tag-pacific-asian-center-for-entrepreneurship","tag-rise","tag-shidler-college-of-business","tag-uh-foundation","tag-uh-manoa","tag-uh-system","entry","has-media"],"aioseo_notices":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/posts\/180673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/comments?post=180673"}],"version-history":[{"count":8,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/posts\/180673\/revisions"}],"predecessor-version":[{"id":180821,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/posts\/180673\/revisions\/180821"}],"wp:attachment":[{"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/media?parent=180673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/categories?post=180673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/tags?post=180673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}