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George Vlahakis
IU Media Relations

Last modified: Tuesday, June 20, 2006

IUís Kelley School of Business presents Hershberger Entrepreneurial Scholarship

June 20, 2006

BLOOMINGTON, Ind. -- Robert Memering of Vincennes, Ind., a first-year student in the master of business administration program in Indiana University's Kelley School of Business, has been awarded the Terry R. Hershberger Entrepreneurial Scholarship for the 2006-07 academic year, valued at $3,000.

Memering is the son of Jerry and Joyce Memering of Margaret Drive in Vincennes. He is a 2000 graduate of Vincennes Lincoln High School and a 2005 graduate of the Rose-Hulman Institute of Technology. His father received an bachelor's degree in business from IU in 1973. The scholarship program is managed by the Kelley School's Johnson Center for Entrepreneurship and Innovation.

The scholarship was established in 1993 by family and friends of Hershberger, the late chairman, president and chief executive of Security Group in Indianapolis, a successful holding company for various manufacturing, distribution and service companies in the physical security industry. He earned both an undergraduate degree in 1962 and an MBA degree in 1965 from the Kelley School.

As a student, Hershberger was very involved in campus life, including as a Union Board director, as president of his senior class, and as a member of the IU Student Foundation and Sigma Alpha Epsilon. As an alumnus, he was president of the business school's alumni association and a director of the IU International Alumni Association, the Dean's Advisory Council, the National Entrepreneurship Foundation and the Johnson Center.