Union Square Campus Receives Lincoln Financial Foundation Grant

Union Square Campus Receives Lincoln Financial Foundation Grant

Greensboro, NC, January 8, 2018 – Union Square Campus, Inc. has received a $25,000 grant from the Lincoln Financial Foundation in support of its Phase II project.  In collaboration with local universities and industry, Union Square Campus Phase II will further educational and partnering opportunities cybersecurity and innovative design.  The concept is to house both focus areas in one facility, which would offer planned activities and educational programs; startup space and support; real world, hands-on experience for college students through internships, faculty and student research and business services; and an event hub.

Lincoln Financial Foundation, the philanthropic arm of Lincoln Financial Group, believes in empowering people to live greater lives, which advances culture and empowers greater positive change. Its grant is part of Lincoln Financial’s annual $10 million investment in its local communities’ youth education, economic and workforce development, human well-being and arts programs.

About Union Square Campus, Inc.

Union Square Campus, Inc. is an initiative of Opportunity Greensboro, a group of business, foundation and higher education institution leaders in Greensboro, North Carolina. Its mission is to foster community-specific models of collaboration to transform the wealth of local educational and business assets into new community and economic success. The focus is to create an educational campus in underutilized parts of downtown Greensboro. Long-term economic impact would extend beyond Greensboro.

About Lincoln Financial Foundation

The Lincoln Financial Foundation, established in 1962, is a nonprofit organization formed and supported by Lincoln Financial Group. Under the Foundation guidelines, grants are made in the areas of arts, education, human services and economic/workforce development.

 

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Media Contact:

John R. Merrill, Executive Director
336-375-9232

Phillips Foundation pledges $1 million to Union Square Campus

Greensboro, N.C. – The Phillips Foundation announced today that it has pledged $1 million to the Union Square Campus to support the design and construction of the first campus building. The building will be a collaborative home for healthcare profession educational programs involving UNCG, NC A&T, GTCC and Cone Health.

  “The Union Square Campus at South Elm will advance healthcare and nursing programs for several of Greensboro’s outstanding higher education institutions while dramatically enhancing that end of our downtown and spurring economic development,” said Elizabeth Phillips, executive director of the Foundation. “This initiative fits the Phillips Foundation’s mission of making strategic investments in transformational, game-changer opportunities for Greensboro, and we are proud to be an early advocate for the project.”

 

Local foundations pledge $5.5 million to campus

Union Square Campus today announced that it will receive a $4 Million gift from The Joseph M. Bryan Foundation and a $1.5 Million gift from The Cemala Foundation.  The multi-year commitments will be used for design and construction of the first campus building, an approximately 103,000 square foot facility focused on training and education for healthcare professions. The building will be located at the intersection of South Elm and East Lee streets as part of the first phase of the campus which is estimated to cost between $37-40 million including land, infrastructure and equipment.  The building will be a cornerstone of the broader Union Square at South Elm project and serve as a stimulus for surrounding mixed use private development.

Union Square Campus is a key initiative of Opportunity Greensboro, a working group of leaders from Greensboro businesses, foundations and higher education institutions, created by Action Greensboro.

Ed Kitchen, co-chair of Opportunity Greensboro and COO of The Joseph M. Bryan Foundation said, “These two foundation commitments demonstrate strong local support for the Union Square Campus project.  We envisioned the public-private projects of Opportunity Greensboro as ones which could build on the strengths of our seven higher education institutions and ‘move the needle’ for economic development.  This project certainly does that.  It will be transformational for Greensboro.”

Susan Schwartz, Executive Director of the Cemala Foundation said, “The Cemala Foundation is grateful for the initiative and perseverance of so many to dream of and establish Union Square.  Cemala is making this investment because Union Square will be a game changer for Greensboro and downtown.  An extra benefit is Union Square’s location along the Downtown Greenway.  More and more people will be able to live, work, and play in our center city.”

Healthcare Professions – initially, nursing — will comprise the first phase of the project, with the initial key stakeholder/tenants being UNCG, NCA&T, GTCC, and Cone Health.  By housing programs together, they can share lab space and equipment, at significant cost savings.

Nursing education at Union Square Campus will engage students at every level:  2-year Associates Degree, RN to BSN and accelerated BSN programs, Doctor of Nursing Practice, and continuing education certificate programs.  In addition, GTCC’s Radiography program will be housed at the site, adding more synergies to the shared facilities.

A state-of-the-art healthcare simulation center will be a key component of the project.