Tuesday, Jul 24, 2012
Herzing University Becomes the Only Woman-Owned, Accredited University in the U.S.
Herzing University announced today that it has been certified as a Woman-owned Business Enterprise (WBE) – a business owned and controlled by a woman or group of women – by the National Women Business Owners Corporation (NWBOC), the first national certifier of WBEs. Over 700 public and private sector individuals participated in establishing the Standards and Procedures of this rigid certification review.
The goal of the certification program is to streamline the certification process and increase the ability of women business owners to compete for contracts at a national level, particularly with those that have strategic diversity and inclusion initiatives. Awarded regional accreditation, Herzing University is believed to be the only woman-owned accredited university in the United States to achieve this distinction.
“The NWBOC certification as a Woman-owned Business is an important step in our work with organizations that not only value continuing education for their employees, but also value diversity across their organizations, including supplier diversity,” said Renée Herzing, president and owner of Herzing University. “We have searched a variety of databases, including the NWBOC membership list, and we believe Herzing University is the only woman-owned accredited university in the United States – a clear differentiator for us. It continues our commitment to providing solutions for a diverse student body, as well as organizations seeking diversity partners.”
Renée Herzing has served as president since 2009 and her ownership shares, combined with those of her mother and sister, comprise more than 50 percent ownership of Herzing University, which qualifies for Woman-owned Business Entity (WBE) status. Renée’s parents, Henry and Suzanne Herzing, founded the organization in 1965 as a computer training institute in Milwaukee. From 1999 to 2003, Renée served in a variety of roles at Herzing University – Madison, immersing herself in every aspect of the campus operations to prepare herself for her future role running the company her father built. It was also during this period that her spirit of innovation and entrepreneurship blossomed, as she launched and ran Herzing University – Online, which has become the largest segment of the business, educating more than one-third of Herzing’s total U.S. student population.
Today, Herzing students can earn master’s, bachelor’s and associate degrees, as well as diplomas and continuing education credentials. The continuing education division is comprised of two recently acquired companies: MLT/Instructing Technologies, specializing in IT training, and Medical Technology Management Institute (MTMI), a leader in continuing medical education. MLT was a certified WBE when it was acquired by Herzing University in 2010.
Herzing University serves a very diverse student base, with minorities representing 44 percent of the student population and the median student age of 30 years old. This diversity is attributed to Herzing University’s focus on providing career-focused programs in a caring learning environment that is supportive to students who value more personal attention and those who are juggling career, family and education priorities. Herzing is also favored by working students who value the flexibility and convenience offered through both online and on-campus learning options.
The female leadership at Herzing University extends well beyond Renée Herzing at the helm, with women serving as four of its campus presidents and numerous other women serving in leadership positions throughout the organization.
NWBOC, a national 501(c)3 not-for-profit corporation, was created in response to needs identified by the Procurement Special Interest Group of the National Association of Women Business Owners. The study revealed that the public and private sector had not received nor recognized the benefits of contracting with women suppliers. This has prevented purchasers from obtaining the best value in their procurement and it has limited women business owners from penetrating these markets, which has stymied their growth. NWBOC seeks to provide more corporations with the opportunity to better their procurement practices and to women suppliers the opportunity to compete. More information about NWBOC is available at http://www.nwboc.org
About Herzing University
Herzing University encompasses 12 physical locations in eight states, a continuing education division, plus Herzing University Online. Founded in Milwaukee, Wis. in 1965, today the University offers career-focused, convenient, and caring education for master’s, bachelor’s, and associate degrees, diplomas and continuing education in the fields of technology, business, healthcare, design, and public safety. Herzing University is the only woman-owned accredited university in the United States and is WBE certified by the National Woman Business Owners Corporation (NWBOC). It also has been recognized as a member of the 2012 GI Jobs magazine list of “Military Friendly Schools.” The University provides education to approximately 6,000 students per year. Herzing University is accredited by The Higher Learning Commission and is a member of the North Central Association; www.ncahlc.org or (800) 621-7440. More information about Herzing University is available at: www.herzing.edu.