Marion, Indiana – The board of trustees at Indiana Wesleyan University has given the go-ahead to buy important Eleven Fifty Academy assets in order to advance technical education.
With this approval, the program will be able to keep giving Indiana residents a rapid, tested approach to advance their technical abilities for upcoming employment in the tech industry.
“The Executive Committee of the Board of Trustees, acting on behalf of the entire board, enthusiastically and unanimously approved the acquisition of key assets from Eleven Fifty Academy at today’s board meeting,” said Carl Shepherd, IWU Board of Trustees Chairman. “The University has a long and successful history of innovation in Higher Education. I am excited to watch as the administration works with local and state officials and the private sector to leverage the Academy to address the workforce needs today and in the future.”
According to a press release, Indiana Wesleyan University will now concentrate on selecting a managing director to lead the nonprofit group that will work as an affiliate organization of IWU.
“We believe strongly in developing programs that align with our commitment to academic excellence,” said Dr. Jon S. Kulaga, President of IWU. “The Eleven Fifty Academy acquisition of key assets supports our online and regional center strategy to provide lifelong learners opportunities to further their education and create a better life for themselves, their families, and our community. We strongly believe the Academy is a valuable resource in assisting Indiana Gov. Eric Holcomb and his administration’s focus on addressing the workforce needs throughout the state of Indiana.”
During this changeover, John Qualls, a seasoned tech industry entrepreneur, and previous executive at Eleven Fifty, will serve as temporary CEO.
Eleven Fifty Academy’s curriculum, trademarks, tradenames, domain names, and social media profiles were all given to IWU as part of the agreement. As of March, students’ training will be finished, and responsibility for their ongoing education will return. IWU is not taking on any debt-related obligations.
