Towson Appoints Venture Capitalist Frank Bonsal III to Lead Entrepreneurship Initiative
Towson University has made venture capitalist Frank Bonsal III the first Director of Entrepreneurship for the TowsonGlobal business incubator. TowsonGlobal, which stems from Towson’s Division of Innovation & Applied Research, connects Towson University resources, including MBA students, to businesses in the Towson-community in need of consulting, strategy, and management assistance. Under Bonsal’s direction, entrepreneurial efforts and initiatives will circulate throughout the Towson University community as a whole, encouraging the school’s young professionals in particular to develop promising ideas and initiatives.
Towson’s choice of Bonsal as Director of Entrepreneurship should prove highly advantageous. He has worked at the intersection of education and finance for the past 25 years with enormous success. Bonsal currently serves as a Venture Partner at New Markets Venture Partners and works on investments in education services and education technology. In this new position, he will help Towson faculty implement entrepreneurial principles and strategies into coursework while encouraging the students’ ventures.
Currently, Towson MBA students can choose one of nine specializations for their degree, including entrepreneurship. With Bonsal’s guidance, that already popular and strong specialization should become increasingly an increasingly valuable avenue of study for Towson’s graduate business students.
