SMU’s ability to cultivate and launch entrepreneurs for North Texas and beyond received a major boost with a significant new gift from prominent Dallas business leaders and major SMU supporters Linda Wertheimer Hart ’65 and Milledge (Mitch) A. Hart, III. The Harts now are among SMU’s most generous donors.
The Linda and Mitch Hart Institute for Technology, Innovation and Entrepreneurship at SMU will combine the innovative forces of SMU’s Cox School of Business and Lyle School of Engineering. The two schools will integrate their expertise, resources and guidance to develop technology prototypes and create viable business plans.
“SMU will play a major role in the formation of new enterprises and cross-disciplinary ventures thanks to the Harts’ generosity and vision,” said SMU President R. Gerald Turner. “The Hart Institute will stand as a pioneering and lasting example to future SMU donors, reinforcing our role as an engine of regional economic development and job creation.”
Linda Hart said SMU’s focus on creating new knowledge inspired the gift.
“I was inspired to support this institute because I have seen first-hand how technology and innovation have been crucial to my own business endeavors, and they are critical elements needed in solving the world’s challenges,” she said.
“With a new institute dedicated to guiding and promoting entrepreneurial work, the University will continue its march forward as an innovation leader,” Mitch Hart said.
“Providing exposure to forward-thinking mindsets and feeding the enterprising spirit in an academic setting means there is no limit to what can be done,” he said. “I look forward to the exciting work that will be produced here.”