Family and Community are the Greatest Motivations for Hispanics in Pursuing the American Dream of Entrepreneurship http://ow.ly/6GECc
Rhett Weiss appointed executive director of Johnson’s Entrepreneurship & Innovation Institute | eCampus News http://ow.ly/6GEAC
Rhode Island jumps 25 spots in entrepreneurship rankings | WPRI.com Blogs http://ow.ly/6GExp
GUEST OPINION: Could entrepreneurship, innovation rescue us? – Fall River, MA – The Herald News http://ow.ly/6GEvd
Your City as a Platform for Entrepreneurship http://ow.ly/6GDlZ
Interesting post suggesting that every college student should be required to take some kind of entrepreneurship course. I tend to agree, but there are always extenuating circumstances for these type of across the board rules.
It would be good for every student to have some idea of how a small business works, since the economy is certainly moving people in that direction.
Seems like many schools are moving towards offering some entrepreneurship courses online for the on-the-go students! This is great news for those who want to build their businesses while taking classes!
The University of Colorado at Colorado Springs is now offering online entrepreneurship classes.
The school’s College of Business has launched its Practical Entrepreneurship Program, a non-credit track program that includes 21 courses on subjects ranging from market evaluation to raising capital, legal structures for new businesses, writing a business plan and setting up an office.
Each course costs $29, or students can purchase the whole suite of courses for $299.
“This program will further our vision of building successful futures for our stakeholders who are interested in starting their own businesses,” College of Business Dean Venkat Reddy said.
The program was developed in partnership with Business StartUp Institute, Colorado Springs. The curriculum was designed and will be presented by Tom Duening, El Pomar chair of business and entrepreneurship and director of the Center for Entrepreneurship.
“We wanted to make this non-credit program available at a reasonable price so that beginning entrepreneurs could beat the learning curve and succeed with their first startup business,” Duening said. “I share my experiences and what I’ve learned through years of research and teaching.”
Three Arizona State University (ASU) student start-ups have made it into the ‘College Entrepreneur of 2011’ contest for their unique innovations that include converting steel shipping containers into medical clinics, the development of an app for vets to diagnose small animals and the development of 3D content and systems to change how people interact.
The three start-ups that have made the shortlist for the competition hail from ASU’s Edson Student Entrepreneur Initiative, a student venture accelerator programme that helps aspiring student entrepreneurs from all ASU campuses grow their ventures into viable businesses.
The eventual winner of the College Entrepreneur of 2011 competition, which will be announced in late 2011, will receive US$5,000 in prize money to help develop their business. Coupled with this cash injection, the winning company will also feature in the January 2012 edition of Entrepreneur magazine.
The winner will be decided by voting that has already started and continues until September. Click here to see all the finalists.
Of the three ventures that hail from ASU, Boson is focusing on stereoscopic 3D media, and how it can enhance our abilities to interact, communicate, and develop physical abilities that will benefit current and future generations. Using gesture-based technology, interactive simulations, and supporting a unique technology platform, the company is developing various 3D content and systems.
Hadasit – the Technology Transfer Company of Hadassah Medical Organization has launched Ways, an incubator for joint Jewish-Arab biomed ventures in the Galilee. Ways is a joint venture with a group of investors from the region.
Hadasit has pledged to invest NIS 7.5 million in Ways over the next five years. In addition to joint Jewish-Arab biotechnology ventures, Ways will also foster entrepreneurship among new immigrants and outstanding teenagers in the field
In addition to Hadasit’s investment, several million dollars have been pledged to Ways from social organizations. Ways will invest $500,000 in 12 projects each, which will be matched by the Office of the Chief Scientist.
In Singapore, the investment firms and startup funds are heavily driven by government backing as compared to the US, where there is little or no government funding at all. “I think a very strong government funding creates the feeling of a big safety net. So it discourages risk taking. It discourages the desire to shoot for the moon, to be a Mark Zuckerberg or a Bill Gates,” said Ashok.
And that is why he does not see a Zuckerberg-scale entrepreneur coming out of Singapore yet. However, he believes that India is capable of producing one. ” So many people have come up in India because they have done it in spite of the government,” he said, adding that he believes that a less supportive government may instill a stronger entrepreneurial drive in the community.
Anil shared similar sentiments. “Entrepreneurship and governments don’t go together,” Anil said, adding that government assistance is essential but only until a point. Although he values the support that the Singaporean government is pouring into the community, Anil cautions against making sure that the method employed is the correct one.
“It [government assistance] can take out a lot of obstacles but don’t be in play of telling entrepreneurs what to do and how to do it. Let entrepreneurs figure out how to be successful,” Anil said.
Local Five Guys’ franchise owner Chris Smith has opened four of the hamburger-and-fries restaurants on the Georgia-South Carolina coast and plans to open three more in the near future.
Coming soon: A restaurant in Southside’s Twelve Oaks Plaza, one on Hilton Head Island and one in Pooler.
It’s part of the explosive growth of the chain based in Lorton, Va. It has 850 locations in the United States and Canada and is adding 250 more this year, said spokeswoman Molly Catalano.
The company has grown from a family-owned, mom-and-pop business into a more mature organization, Smith said.
“The restaurant business is a very, very difficult business, even with a great idea like Five Guys,” he said.
He focuses on choosing good locations and putting up good signs, since the chain doesn’t advertise.
Franchisees pay a 1.5 percent fee for marketing, with all the money going for an employee bonus program.
“Secret shoppers” visit every restaurant twice a week and rate the location on a long list of standards, including quality, cleanliness and service.
The Dragon talks to Angela Wintle about schooling, stripy socks and how Dragons’ Den changed his life. A few sections I found interesting:
Routine I’m woken at about 6.15 when the kids bound in to say good morning. I shave, shower, get dressed and shovel down a bowl of Frosties, all in the space of 20 minutes. Then I head to the car, cappuccino in hand, where my driver takes me to my head office in Marlow. I have 16 investments and check the latest sales figures online on my way into work. I work long hours, usually clocking off at around 8pm, when I’ll often go on to a dinner lasting until midnight. If I’m filming Dragons’ Den, we work flat out until 8pm, although I love seeing the weird, wonderful and plain delusional.
Business collapse I started my first major business when I was 21, providing computers and services to corporate clients. I had a comfortable lifestyle, but lost everything during the 1990s recession when several customers who owed me money went bust. I briefly moved back in with my parents, but I’ve never been one for crying into my soup. By 1998 I’d got enough money together to launch a telecommunications firm. When I told my bank manager I intended turning over £2 million pounds, he looked at me in disbelief, but we generated £14 million worth of sales in the first year.
Stripy socks I’ve always worn stripy socks (pictured) and they’ve become a trademark, even though my staff think they’re the height of bad taste. In fact, I seem to have started a craze since wearing them on television and sell 30,000 pairs a month for charity through my shopping site, peterjonescollection.tv. When I met the Queen and the Duke of Edinburgh at Kensington Palace, I thought it would be the perfect opportunity to show them off. Much to my surprise, Prince Philip lifted his trouser legs to reveal his own pair.
MWH, the Broomfield-based company that operates worldwide in environmental engineering, construction and consulting services, has become a sponsor of the National Center to Educate Entrepreneurial Engineers at Stanford University in Palo Alto, Calif.
The center is designed to be a hub for collecting and sharing fast-changing information about the field.
It will “serve as an education, research and outreach hub for creating, collecting and sharing resources relating to innovation and entrepreneurship education among the nearly 350 engineering schools in the United States,” MWH said in a news release.
Mohamed Ali Niang will skip his Aug. 26 graduation from Temple University. The budding entrepreneur, 23, will be busy trying to lift a West African country out of abject poverty and to save lives.
In the process, Niang said, he hopes the rice-processing and rice-distribution business he traveled to Mali this weekend to start will make him “a rock star.” But not in a pile-of-money, limousines-and-swooning-young-women kind of way.
Niang said he would consider himself rich if Malians stop dying from malnutrition, a condition said to claim one child every 10 minutes in the beleaguered country of more than 14 million people, where his parents were born.
In its second year, the Entrepreneurship Summer Camp and Personal Enrichment, called ESCAPE, at NSU brings university professors, local entrepreneurs and leaders to educate high school students about business basics such as etiquette, finance, budget, marketing and public relations, said Janet Goldstein, one of the program organizers.
“It’s not school,” said Goldstein. ” They’re not graded, but the more they participate, and the more they do, the more they will get out of it.”
For Etzine, the camp not only educated him, but also motivated him.
“What really boosted my confidence was the peer construction criticism and praise,” said Etzine, who won the Best Business Award – the highest award at the camp.
This summer, the camp hosted two sessions, each lasting one week. Last year, there was one session, but rising popularity among students led NSU to add a session, said Goldstein.