Ruvelson Rainmaker Fellowship
A new fellowship program for college students interested in entrepreneurship, small business, finance, economic development and community leadership has been established by Alan K. “Buddy” Ruvelson — a former trustee of three MPCC member institutions. The Ruvelson Rainmaker Fellowship supports qualified recipients from four-year institutions in Minnesota, North Dakota and Iowa with a $10,000 award. Fellows gain hands-on experience in the venture capital industry and complete a specialized training curriculum. The first recipient — a University of Minnesota junior — will work this summer and during his senior year with professionals at RAIN Source Capital.
Ruvelson believed that “smart people with good ideas” deserved a chance to create and grow them into successful business ventures. He is known as “the grandfather” of the modern venture capital industry. He served as trustee or advisor for educational institutions including the College of Saint Benedict, College of St. Catherine, University of St. Thomas, University of Minnesota and the St. Paul Public Schools.
Students from all disciplines and majors are invited to apply for the fellowship in the spring of their junior year. For more information about the fellowship, visit the Rain Source Capital Web site.
For information about other scholarships that support students in specific program areas, visit scholarship matching Web sites like Fast Web, Mach 25 or Scholarships.com.
- Augsburg College
- Bethany Lutheran College
- Bethel University
- Carleton College
- College of Saint Benedict
- College of St. Catherine
- College of St. Scholastica
- Concordia College (Moorhead)
- Concordia University (St. Paul)
- Gustavus Adolphus College
- Hamline University
- Macalester College
- Minneapolis College of Art and Design
- Saint John's University
- Saint Mary's University of Minnesota
- St. Olaf College
- University of St. Thomas

Augsburg College
- Located in Minneapolis with abundant opportunities to gain experience both inside and outside the classroom.
- National recognition for an effective first-year program and for combining learning with service.
- Top majors are business, science, teaching
- A diverse community of 3,000 students

Bethany Lutheran College
- Located in Mankato overlooking the Minnesota River Valley
- A community of 540 students -- most live on campus
- Popular majors include business administration, communication, psychology, and elementary education
- Focus is on a solid, Christian education

Bethel University
- Located on a residential, wooded campus in a Twin Cities suburb
- Enrolls 5,600 students in 100 undergraduate, graduate, and seminary programs
- Integrates faith, learning and the translation of Christian belief into global service
- 20 international programs; top 3 percent ranking of students who study in foreign countries

Carleton College
- Residential campus in the small community of Northfield
- Ranked one of the country's top liberal arts colleges
- Noted for its bright and talented students and strong faculty
- Enrollment of 2,000 students of diverse backgrounds

College of Saint Benedict
- Together with Saint John's -- 3,800 undergraduate students have many opportunities
- Located on 3,200 acres of woods and lakes west of St. Cloud
- A focus on globalism includes an extensive international study program
- A commitment to experiential learning, research and internships

College of St. Catherine
- Largest and most comprehensive Catholic college for women in the U.S.
- Beautiful campuses in St. Paul and Minneapolis
- Committed to meeting the educational needs of women of all ages; offers liberal arts, healthcare and professional programs in traditional and weekend formats
- Serves 5,000 students

College of St. Scholastica
- Main campus in Duluth; also in St. Paul, St. Cloud, Brainerd
- Undergraduate and graduate programs in traditional, accelerated and online formats
- Top majors: Health information management, management, education, nursing
- 3,200 students; 1,940 undergraduates on Duluth campus
- U.S. News ranking in top tier of Midwestern universities

Concordia College
- Located in the Fargo-Moorhead metropolitan area that includes 20,000+ college students
- Serves more than 2,700 students
- Top programs include the sciences, education and music
- Recipient of NAFSA Simon Award for Campus Internationalization
- Home of world-renowned Concordia Language Villages

Concordia University
- Located in the St. Paul metro area
- Serves 1,500 undergraduate and 300 graduate students of all ages and backgrounds
- Top majors include Christian education, business and teacher education
- A laptop university with 24/7 Web access

Gustavus Adolphus College
- Oldest Lutheran college in Minnesota; Swedish heritage; home of the Nobel Conference
- Beautiful residential campus located in St. Peter, overlooking the Minnesota River Valley
- Prepares 2,500 undergraduates for lives of leadership, service and lifelong learning
- Recognized science, writing, music, athletics, study-abroad, and service-learning programs

Hamline University
- Ranked first in Minnesota among comprehensive universities according to U.S. News
- 4,400 undergraduate, graduate, and law students
- Located in residential neighborhood of St. Paul
- Intimate environment of small classes and personal attention along with the opportunities of a comprehensive university

Macalester College
- 1,900 undergraduates come from every state and 90 countries
- Located in a friendly St. Paul neighborhood
- Emphasis on global perspectives; more than half study abroad
- Produced many Fulbright and Rhodes scholars

Minneapolis College of Art and Design
- 700 students; 14 majors in fine arts, media and design
- Located next to the Children's Theater and Minneapolis Institute of Arts
- Studio-based and business-oriented programs; BFA, BS and MFA degrees
- Only art and design school to be named a Best Midwestern College by Princeton Review

Saint John's University
- Together with Saint Benedict -- 3,800 undergraduate students have many opportunities
- Located on 3,200 acres of woods and lakes west of St. Cloud.
- A focus on globalism includes an extensive international study program
- A commitment to experiential learning, research, internships

Saint Mary's University of Minnesota
- Values-based, results-oriented education in the Catholic, Lasallian tradition
- Outstanding environment for learning, living and recreation
- 400-acre Winona campus in the bluffs of the Mississippi River Valley
- 1,300 traditional undergraduates, with 4,100 graduate and professional students at other locations

St. Olaf College
- Environmentally aware, 300-acre residential campus in historic Northfield
- 3,000 students; top majors are music, mathematics and the sciences
- Nation's top liberal arts college for study abroad
- College of the Lutheran church -- where conversations about faith are part of daily life

University of St. Thomas
- Minnesota's largest private university with 10,500 students (5,500 undergraduates)
- 95 undergraduate majors
- Main campuses located in a stately St. Paul neighborhood and in downtown Minneapolis (other campuses in Owatonna, Minn. and Rome, Italy)
