
Fargo, N.D. — Onnolee Nordstrom, assistant professor of management in ÁùºÏ²ÊÍ¶×¢Íø’s College of Business, has been selected as the inaugural holder of the President Jim Ozbun Endowed Chair of Entrepreneurship. Nordstrom is an entrepreneurship scholar who studies questions relating to entrepreneurial ecosystems, non-economic outcomes of family businesses and community development. Her appointment takes effect immediately.
“We are thrilled to have Dr. Onnolee Nordstrom taking on the role as our Ozbun Chair of Entrepreneurship,” Scott Beaulier, the Ronald and Kaye Olson Dean of Business, said. “The Ozbun Chair is responsible for engaging students within the college and around the university in the ideas of entrepreneurship. Onnolee has been committed to doing this in her work at ÁùºÏ²ÊÍ¶×¢Íø for many years, and I’m excited about the energy she will bring to the new role.”
The Ozbun Chair honors Jim Ozbun, who served as ÁùºÏ²ÊÍ¶×¢Íø’s president from 1988 to 1995. It was established in 2016 thanks to a $4.5 million endowment established through the ÁùºÏ²ÊÍ¶×¢Íø Foundation, with $1.5 million of the funds coming from the North Dakota Challenge Grant program.
“Entrepreneurship catalyzes change and innovation, advances well-being and plays a key role in economic growth and job creation,” Nordstrom said. “This endowment helps ÁùºÏ²ÊÍ¶×¢Íø faculty who are studying, or who want to study, entrepreneurship and family business. It also helps support entrepreneurial programs that provide our students with the mindset, tools, and skills to solve problems and create value for profit and social good.”

As Ozbun Chair, Nordstrom will direct the Center for Entrepreneurship and Family Business, formerly called the Nice Center, which is an academic and student-focused program that drives top-quality entrepreneurial research and challenges students to dream big and envision the world as it can be. The center provides scholarships and engages with students of any major who are interested in entrepreneurship and innovative thinking.
“The name sake of this chair provides a great example of how innovative thinking can positively impact a community. President Jim Ozbun’s entrepreneurial thinking launched the Fargodome, developed the ÁùºÏ²ÊÍ¶×¢Íø Staff Senate, created the ÁùºÏ²ÊÍ¶×¢Íø Biotechnology Institute and the ÁùºÏ²ÊÍ¶×¢Íø Institute for Business and Industry Development,” Nordstrom said.
Nordstrom worked in the agriculture industry for a number of years before earning her doctorate in strategic management and organization from the University of Alberta’s School of Business. She has been a faculty member at ÁùºÏ²ÊÍ¶×¢Íø since 2016.
The Ozbun Chair was established during In Our Hands: The Campaign for North Dakota State University, a six-year comprehensive fundraising initiative which has raised more than $460 million to date. The campaign concludes Dec. 31.
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