Vermont’s Champlain College–a private, baccalaureate institution that offers professionally focused programs balanced by a liberal arts foundation–has created a brilliant program for budding entrepreneurs. It’s called BYOBiz, or “bring your own business.”
According to Burlington Free Press, 15 students started in the program this fall.
National Public Radio’s Marketplace says one student in the program, Ben Kaufman, 19, already has a million-and-a-half venture-capital bucks in his pocket. Kaufman makes and markets iPod accessories.
Students who bring their business to Champlain or start one there get flexibility with school requirements. But they also get active mentoring and regular meetings with Vermont business veterans. They help with everything from strategy to networking with venture capitalists.
College President Dave Finney came up with the idea. He hopes a strong presence of student entrepreneurs will stir the school’s intellectual ferment. “It unleashes people’s imaginations about what’s possible,” said Finney.
Actually Purdue University has a very strong entreprenuership (spell check) program that started a few years ago. It has its very own building now is lead by a former big wig at Starbucks. I took a few classes and they are extremely useful for those who are interested in running their own enterprise.