Sport management alumnus Bill Hubbard, in conjunction with Tokio-Marine HCC, has established an endowed fund with a $1 million gift that will provide financial support to McCormack Department of Sport Management students who participate in internships within the sport and entertainment industry.
In addition to supporting students on internships, the award program seeks to make students more aware of the significance and impact of risk management, risk transfer and promotion insurance within the sport and entertainment industry, as well as of the career opportunities within this critical and growing segment of the industry.
“Internships are a crucial part of our students’ learning experience and resume building as they prepare for full-time jobs within the sport and entertainment industry,” said Janet Fink, chair of the McCormack Department of Sport Management. “The opportunity to receive substantial financial awards, though Bill Hubbard’s generous gift, will only further encourage our students to seek out and engage in internship programs.”
As part of the educational process, at the conclusion of summer internships award recipients will be provided the opportunity to present a risk management assessment or proposal to TMHCC executives based on key learnings from their respective internship experiences. The award is open to both undergraduate and graduate students.
“The risk management and sport promotion industry is one that only continues to grow, and touches every single segment of the sport and entertainment industry,” said Hubbard, chairman of Tokio-Marine HCC. “For today’s students, there can be financial challenges that can arise especially from unpaid internships. This program not only helps alleviate some of these financial challenges, but also introduces students to our segment of the sport and entertainment industry.”
The program kicked off in June with the following award winners:
Stephen Black, senior from Okinawa, Japan, marketing and client services intern, IMG Golf
Matthew Donnelly, senior from Wenham, summer intern, CSM Sport and Entertainment
Joseph Kuykendall, senior from Hopkinton, development office intern, Naismith Memorial Basketball Hall of Fame
Shawn Lapp, a May graduate from Gap, Pa., operations intern, Aloha Tournaments
Justin Minor, senior from Fairport, N.Y., business development intern, Washington Redskins