Prov. Equity Gives $25 Million Gift to Brown in Honor of Nelson

GoLocalProv Business Team

Prov. Equity Gives $25 Million Gift to Brown in Honor of Nelson

Jonathan Nelson, photo courtesy of Brown University
Brown University has received a $25 million gift from Jonathan M. Nelson, a 1977 Brown undergraduate alumnus and founder and CEO of Providence Equity Partners. Brown will use the gift to launch the Jonathan M. Nelson Center for Entrepreneurship. In 2013, Nelson was ranked #1 in GoLocalProv's 50 Wealthiest and Most Influential and in 2015 he ranked #2 behind CVS CEO Larry Merlo.

The Nelson Center for Entrepreneurship 

“The Nelson Center for Entrepreneurship positions Brown to amplify our impact, extend our reach, and educate the next generation of Brown students with the knowledge and practical skills to actively engage in entrepreneurial activities in the United States and around the world. In keeping with Brown’s distinctive approach to research and scholarship, the center will encourage students to apply classroom learning to experiences working with entrepreneurs and developing their own ventures," said Brown President Christina Paxson. 

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Nelson is one of a number of Brown Alumni now leading major businesses in the United States -- SEE SLIDESHOW BELOW

Funding from the gift will also allow planning to begin for a facility that will house classrooms, workspace, and areas for faculty and students to work together on developing new ventures. 

“The qualities of an entrepreneur are, in my mind, the same as the qualities of students at Brown. With the open curriculum, Brown already has the students to make an entrepreneurship program a success — independent thinkers who are collaborators, self-motivated and multidisciplinary in their approach. These students self-select into Brown and are aspiring entrepreneurs. We’re filling a demand," said Nelson. 

The new center will link to existing departments and programs at Brown and will be open to students from across the University, no matter what their area of concentration is. 

In addition, students from the Rhode Island School of Design will be welcome to participate in the activities at the center. 

Jonathan M. Nelson 

Nelson is a 1977 Brown undergraduate alumni and is the founder and CEO of Providence Equity Partners. 

Nelson became a member of Brown's Board of Trustees in 2000 before being elected to the Board of Fellows in 2011. 

Nelson also serves as a fellow on the Corporation for Brown University. 

The gift for entrepreneurship is part of Brown's $3-billion BrownTogether comprehensive campaign, launched in October to support the goals of the University's strategic plan. 

Nelson is servos as a campaign co-chair.  


Brown Grads Leading in US Business

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