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Success to Sustainability: More from the Core. Business and Entrepreneurial Services of M State. Defining Entrepreneurship at M State. : one who organizes, manages, and assumes the risks of a business or enterprise Merriam-Websters.com
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Success to Sustainability: More from the Core Business and Entrepreneurial Services of M State
Defining Entrepreneurship at M State :one who organizes, manages, and assumes the risks of a business or enterprise Merriam-Websters.com The entrepreneur in us sees opportunities everywhere we look, but many people see only problems everywhere they look. The entrepreneur in us is more concerned with discriminating between opportunities than he or she is with failing to see the opportunities - Michael Gerber, author, entrepreneur
Core Redesign • Some people dream of great accomplishments, while others stay awake and do them - Anonymous • Evolution and Redesign: • Entrepreneur Director • Beth Pridday • Lead Faculty • Tony Parker • Evolved Focus • From Core to Advisory Board • Authentic entrepreneurial • experiences
Evolution of an “Entity” • Creating a culture of innovation and success “Entrepreneurial Spirit” • Strengthening new and nearly new business through professional development • Developing strong training services to meet present and future needs of entrepreneurs.
Five legs of the BES • Been There . . . • Credit-based offerings and degrees • Non-credit instruction and training • Doing that . . • Business development services • Community outreach • Business incubation
Curriculum Delivery • Articulations with K-12 instruction • Building block curriculum • Non-credit to Credit • Certificate to Diploma • Diploma to Degree • Degree to University • Articulations with university programs
Community Building Activities • Entrepreneur for A Day • Recognition Programs • Business Plan competition • Hall of Fame • Entrepreneur of the Year • Incubator offices • Student (2) • Mixed Use (4) • Industrial (1)
Business Development Services • Small Business Resource & Research Library • Partnerships: DEED, SBDC, SCORE,USDA & WCI • Professional Support Groups • Chamber Membership • Regional Entrepreneurship • Business Incubation
Incubator Grand Opening • Regional Flavors/STEP - Non profit organizations in support of micro-enterprise • Life Choices - Individual, Children, Family, Mental Health, and Group Counseling • Aim for It Fitness - Professional fitness coach, author and speaker • Life Coach - Professional life coaching • The Clayground - Mobile paint-your-own-pottery studio • M State Entrepreneur Student Incubator Office • Two office spaces dedicated to student's entrepreneurial growth
Enlarging the Pie for All • Community Based Entrepreneurship • Grant opportunity • Using a consultant
Financial Sustainability • Identifying initial funding opportunities • 1st grant - $2,500 • Leveraging grant funds • 18 month total - $280,000 • Mapping out a mix • Community Foundations • Economic Development Initiative • Financial Foundations • State Agencies • Federal Programs
Board of Advisors • Streamlining Board involvement and increasing operational productivity by creating networks • Investor • Mentor • Resource • Education • Marketing
Continued Speakers Successes • Entrepreneurship Speakers Series • Who are our Regional Entrepreneurs? • Am I an Entrepreneur? • Make me an Entrepreneur! • Call of the Entrepreneur
Marketing Success for Sustainability • Public Relations Partners • Otto Bremer Foundation • West Central Initiative • USDA • Hubbard Co EDC • Chamber of Commerce • Earned Media/community connections • Speakers Series Coverage • Event Sponsorships • Hodge Podge (Monthly radio program) • DLYP, Rotary, Kiwanis
Questions and Contact Information M State Business and Entrepreneurial Services