Endowment and  Fundraising

Endowment and Fundraising

As all not-for-profit organizations pursuing educational/cultural goals, Alba relies heavily on donations for maintaining and further improving the quality of its educational services and operations.

Donations are especially important since Alba, by its mission, is a research-driven academic institution and thus the academic excellence to which Alba aspires cannot be achieved without intense academic research activities.

The results of these research efforts are published in the leading academic journals; they are thus made available not only to the users of the educational or other relevant services provided by the research-driven academic institutions, but to the broader academic community and, therefore, to society in general, who all benefit from this new knowledge. They are “public goods”.

As student fees can not cover the full cost of a research-driven School like Alba, donations from private and corporate donors are vital.  

Donations to Alba and the American College of Greece can support the establishment of Centers of Excellence, Endowed Professorships, contribution to student scholarships, naming of education facilities, etc.

Endowment

Donations to Alba and the American College of Greece exclusively fund academic research-related operations

Such donations could support:

  • The creation of an Endowed Chair, for supplementing the salary of an internationally distinguished academic to be attracted to the Alba Resident Faculty, and for supporting his/her research activities
  • The creation of an Endowed Professorship, with a donation lower than in the case of an Endowed Chair, only for supplementing the salary of a distinguished academic to be attracted to the ALBA Resident Faculty
  • Endowment for funding the operation of specific Research Centers, already established or to be established at ALBA.

In all cases of such donations, the name of the donor is associated with the recipient donation.

Alba Business Unusual Awards

Alba has always offered scholarships to candidates with a solid academic and professional profile, and financial aid to those facing serious financial problems, in order to actively promote equal opportunities to people who well deserve it. In order to support our scholarship fund and be able to continue to offer scholarships to at least 20% of students who meet the academic criteria but fail to meet the financial requirements of the program of their choice, we hold a fundraising event called the “Alba Business unusual Award”. 

“Alba Business unusual Award” highlights important activities that have a positive impact on the Greek economy and society and, at the same time, honors exceptional individuals who could serve as role models for personal and professional behavior.

1st Alba Business Unusual Award

1st Alba Business Unusual Award

Captain Vassilis K. Konstantakopoulos received the first Alba Business Unusual Award at a ceremony that took place at Hotel Grande Bretagne on Thursday, December 9, 2010, during the inaugural event of this initiative by Alba, where approximately 350 distinguished executives from various sectors of the business realm attended. Alba decided to focus on entrepreneurship for the first award and honor the self-made shipowner, Captain Vassilis K. Konstantakopoulos, a visionary who had demonstrated social responsibility and contributed greatly to Greek society.  

 

2nd Alba Business Unusual Award

2nd Alba Business Unusual Award

Mr. Theodoros Papalexopoulos received the second Alba Business unusual Award at a ceremony that took place at Hotel Grande Bretagne, on Tuesday, December 4, 2012 approximately 300 distinguished executives from various sectors of the business world attended. For the second award Alba decided to focus on corporate social responsibility and honor Mr. Theodoros Papalexopoulos, a visionary entrepreneur who has demonstrated social responsibility and contributed greatly to the Greek society.

3rd Alba Business Unusual Award

3rd Alba Business Unusual Award

Mr. George David received the third Alba Business Unusual Award at a ceremony that took place at Hotel Grande Bretagne, on Monday, November 10, 2014. Approximately 250 distinguished executives from various sectors of the business world attended. For the third award ALBA decided to focus on Business Extroversion of the Greek Entrepreneurs and honor Mr. George David, a visionary leader, a citizen of the world, who has demonstrated a global mindset.

4th Alba Business Unusual Award

4th Alba Business Unusual Award

Mr. Theodore Vasilakis received the fourth Alba Business unusual Award during a ceremony that took place at Hotel Grande Bretagne, on Tuesday, March 21, 2017, where approximately 290 distinguished guests attended, from various sectors of the business, political and academic world attended. For the 4th award ALBA decided to focus on the visionary Greek self-made entrepreneur and honor Mr. Th. Vasilakis, the visionary entrepreneur who through his hard work, perseverance and moral values has managed to thrive and is now one of the most respected businessmen our country. 

5th Alba Business Unusual Award

5th Alba Business Unusual Award

In 2019, Theodoros Fessas, businessman and then President of the Hellenic Federation of Enterprises (SEV), received the 5th Alba Business Unusual Award in recognition of his nearly 40-year pioneering contribution to information technologies and his leading role in digital transformation. The event took place on May 13 at the Athens Concert Hall, attended by distinguished representatives from the business, academic, and political communities.

The award highlights entrepreneurs who drive meaningful change and recognizes Theodoros Fessas for anticipating the transformative impact of technology on business and society. He is recognized for his perseverance, commitment to meritocracy, strong ethical standards, and broad contributions to the Greek economy.

His vision centers on a productive and reform-oriented Greece built on hard work, solid principles, innovation, and investment. He has consistently advocated for a country that attracts international visitors and investors, demonstrating a sustained commitment to progress and sustainable growth.

 

6th Alba Business Unusual Award

6th Alba Business Unusual Award

The 6th Alba Business Unusual Award has been presented to Ioanna Papadopoulou, President and CEO of E.J. Papadopoulos S.A., in recognition of her longstanding contributions to Greek business and society. The event took place on June 14, 2022 at Golf Prive in Glyfada, attended by prominent figures from the business, academic, and political communities.

Since 1993, Ms. Papadopoulou has led the historic Papadopoulou company, successfully combining innovation, quality, and strong human-centric values, strengthening the company’s position in the Greek market—even during the financial crisis—while expanding beyond biscuits into a broader range of food products.

In her acceptance speech, she highlighted the company’s commitment to Greece, its multigenerational legacy, and expressed hope that more women will receive the award in the future.

 

7th Alba Business Unusual Award

7th Alba Business Unusual Award

On May 15, 2024, Alba Graduate Business School, The American College of Greece, honored Spyros Theodoropoulos with the 7th Business Unusual Award for his significant contribution to Greek business and society. The event, held at Anassa City Events, brought together distinguished representatives from academia, business, and politics.

As the driving force behind Bespoke Group and the former leader of Chipita’s international expansion, Theodoropoulos was recognized for his innovative leadership and transformative impact on the Greek food industry. His visionary and socially responsible approach to entrepreneurship, along with his strong commitment to innovation and value creation, were particularly highlighted during the event.

The evening also marked 32 years of Alba’s presence in graduate business education, with proceeds from the event dedicated to supporting applied research and the broad dissemination of knowledge for the benefit of society.

 

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