New Fairfax City Partnership with �鶹��Ƶ School of Business to Promote Economic Growth While Affording Student Access to Experiential Learning Opportunities

Marianne Klinker — Thu, 28 Sep 2023 12:42:44 +0000

New Fairfax City Partnership with �鶹��Ƶ School of Business to Promote Economic Growth While Affording Student Access to Experiential Learning Opportunities Marianne Klinker Thu, 09/28/2023 - 08:42

Fairfax City Economic Development and �鶹��Ƶ Come Together to Spur Economic Growth and Student Success Through Experiential Learning

Fairfax City, VA – Fairfax City mayor and �鶹��Ƶ alumna Catherine S. Read (BA ’84) and �鶹��Ƶ School of Business Dean Ajay Vinzé will sign a partnership agreement on October 2 aimed at promoting economic growth in the city while giving students access to experiential learning opportunities that will benefit local businesses and students.

This partnership will extend the walls of the business school’s classrooms into the local business community, by affording business students with the opportunity to learn and practice leadership skills across several industries in the “classroom beyond the classroom.”

Joining Mayor Read and Dean Vinzé for the signing ceremony, which will also include the presentation of a proclamation by the mayor, will be Fairfax City Government and Economic Development officials, along with �鶹��Ƶ School of Business leaders, faculty, staff, students, and alumni. “Our collaboration with the �鶹��Ƶ School of Business is about investing in our future, and being open to change and innovation,” said Mayor Read. “By welcoming �鶹��Ƶ students and faculty into our business community, we’re bringing fresh faces and new ideas to city planning in support of our vision for a vibrant commercial district.”

FCED officials and representatives from the business school review the conceptual layout of the Northfax West development project.

“The School of Business emphasizes student experience and career readiness via public, private, and academic partnerships,” said Dean Vinzé. “We see �鶹��Ƶ as your hometown university, and this partnership is an exciting opportunity for us to invest in the growth and economic development of this wonderful city, while providing our students with a hands-on learning experience that will prepare them for successful careers in business.” Experiential learning opportunities in Fairfax are expected to draw �鶹��Ƶ students from each of the business school’s four centers of excellence—Center for Innovation and Entrepreneurship (CIE), Center for Real Estate Entrepreneurship (CREE), Center for Retail Transformation (CRT), and the newly named Greg and Camille Baroni Center for Government Contracting.

Students get hands-on retail management experience at Fairfax Ace Hardware.

With some programs already underway and additional planning discussions on the horizon, both sides are looking forward to expanding the current collaboration in the spring. Among the projects slated to launch are a CIE-led vendor management experience for students with retailers in the Old Town Fairfax Business Association (OTFBA)/FCED “Wander In” retail incubator, a CREE site plan analysis for determining best use options of commercial real estate sites in the Northfax Small Area Plan and other areas of Fairfax City, an in-store retail management experience with CRT students and Fairfax City retailers, and a study by students from the Greg and Camille Baroni Center for Government Contracting, in coordination with the �鶹��Ƶ Enterprise Center, to identify ways to improve business outcomes for small business federal contractors.

“What makes this program unique among ‘classroom beyond the classroom’ partnerships is our collective focus on leveraging the short-term benefit of student employability into a longer-term relationship with our city and its business community,” said Christopher Bruno, executive director and CEO of FCED. “One of the reasons we decided to partner with �鶹��Ƶ is its track record of driving economic growth in the region—close to 70% of its alumni live and work in a 50-mile radius of the Fairfax Campus—and the confidence that gives us that many of the relationships we form now with �鶹��Ƶ students and alumni are going to serve as a magnet for new businesses in the future.”

Fairfax City Economic Development is a collaboration between the Fairfax City Economic Development Office and the Fairfax City Economic Development Authority, an independent agency administered by a commission appointed by the City Council to promote economic development activity within Fairfax. Fairfax City Economic Development helps attract businesses to the city, encourages and develops programs that foster connections between businesses, residents, and visitors of Fairfax, and spearheads innovative programs and strategies devoted to positioning Fairfax City as an ideal location to start, grow, and scale a business. It is a founding member of the Northern Virginia Economic Development Alliance. Learn more at fairfaxcityconnected.com.

�鶹��Ƶ is Virginia’s largest public research university. Located near Washington, D.C., �鶹��Ƶ enrolled over 40,000 students from 130 countries and all 50 states for the fall 2023 semester. �鶹��Ƶ has grown rapidly over the last half-century and is recognized for its innovation and entrepreneurship, remarkable diversity, and commitment to accessibility. Also in 2023, the university launched �鶹��Ƶ Now: Power the Possible, a $1 billion comprehensive campaign to support student success, research, innovation, community, and sustainability. Learn more at gmu.edu.

Topics

Costello College of Business News

Center for Innovation and Entrepreneurship

Center for Retail Transformation

Center for Real Estate Entrepreneurship

Center for Government Contracting

Press Releases

Center for Real Estate Entrepreneurship Fall 2023 Newsletter

Media Contacts

Chris Bruno

(703) 638-8031

christopher.bruno@fairfaxva.gov

Duane Bailey

(703) 283-2073

dbaile8@gmu.edu

In This Story

Ajay Vinzé, PhD