Northern State University

Rural Communities Unlocking Millions to Support Tech Innovation and Entrepreneurship Through Federal Grant Program

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Friday, October 14, 2022
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Increasingly, rural communities are realizing the transformational impact the tech economy can have for them.

Key Points: 
  • Increasingly, rural communities are realizing the transformational impact the tech economy can have for them.
  • Small towns and cities around the country that have unlocked millions of dollars to support innovation and entrepreneurship.
  • The Center on Rural Innovation (CORI) helped seven rural communities secure more than $12.8 million to accelerate innovation and tech-based entrepreneurship.
  • The Center on Rural Innovation (CORI) is a national nonprofit committed to advancing economic prosperity in rural America through the creation of inclusive tech economy ecosystems that support scalable entrepreneurship and tech job creation.

Northern Trust Asset Management Quant Head Michael Hunstad to Lead Newly Combined Equity Team

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Tuesday, January 25, 2022
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Northern Trust Asset Management (NTAM), a unit of Northern Trust (Nasdaq: NTRS), announced today that Michael Hunstad, Ph.D., head of quantitative strategies since 2018, is expanding his management responsibilities to include NTAMs index equity and tax-advantaged equity teams, both of which are grounded in the systematic approach that powers the firms quantitative processes.

Key Points: 
  • Northern Trust Asset Management (NTAM), a unit of Northern Trust (Nasdaq: NTRS), announced today that Michael Hunstad, Ph.D., head of quantitative strategies since 2018, is expanding his management responsibilities to include NTAMs index equity and tax-advantaged equity teams, both of which are grounded in the systematic approach that powers the firms quantitative processes.
  • Since Hunstad has led the quantitative strategies team, it has grown from $14 billion to $36.9 billion in equity assets under management, as of December 31, 2021.
  • Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Belvedere Advisors LLC and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
  • Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.

President of Eastern Maine Community College to Lead Growing Initiative to Strengthen Community Colleges Nationwide

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Monday, October 4, 2021
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"We are thrilled to have Dr. Larson join our team and lead the next phase of the Community College Growth Engine Fund," said Kathleen deLaski, founder, CEO and chair of the board of the Education Design Lab. "It is becoming increasingly apparent that innovative community colleges can -- and are -- leading the design of employment-connected learning. Dr. Larson has been one of those leaders in Minnesota and in Maine and it is the Lab's honor for her to champion the learner-driven models that are emerging through partner co-design and gaining momentum around the country."

Key Points: 
  • Having most recently served as President of Eastern Maine Community College, Dr. Larson brings decades of leadership experience with community colleges from across the country to the Lab as it seeks to scale its work to reimagine the role of community colleges in advancing economic opportunity for new majority learners.
  • The Community College Growth Engine Fund was launched in October 2020 to help position community colleges as a bridge between education and employment.
  • Participating institutions in the first cohort include: The City University of New York, Ivy Tech Community College, Prince George's Community College, Austin Community College District, Pima Community College, and Seattle Colleges.
  • "It has been the honor and pleasure of my life to serve Maine's learners as president of Eastern Maine Community College and I thank the entire Maine Community College System for welcoming me these last five years," said Dr. Lisa Larson.