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Venture Capitalist Sponsor
The Labovitz School of Business and Economics (LSBE) established the LSBE LaBounty Center for Entrepreneurship in 2008 as a result of a generous gift provided by Roy E. LaBounty, founder of LaBounty Manufacturing and a long-time supporter of UMD.
Roy LaBounty was an entrepreneur and prominent business leader in Northeastern Minnesota for many years. He was the founder and former president of LaBounty Manufacturing in Two Harbors, Minnesota. In 1999 he received the Lifetime Achievement Award at the annual Joel Labovitz Entrepreneurial Success Awards event. Mr. LaBounty died in November 2007.