USASBE 2008 Model Undergraduate Program

Belmont University

Nashville, Tennessee

Innovativeness and Uniqueness

Experiential Opportunities

• Practicing Student Entrepreneur Program

• Campus-based Business Program

Practicing Entrepreneur Program

• Hatcheries and Incubator• Student Entrepreneur Roundtables• Accounting Clinic• Entrepreneurial Excellence Endowed Grant

Fund• Belmont Student Business Plan Competition• Belmont Network Mentor Program

Student Business Hatcheries

Campus-Based Business Program

• Student created – Student run Businesses– Three retail businesses– Three service businesses

• All are partnerships with other programs on campus

Campus-Based Businesses: Retail

Feedback Clothing

This and That

Boulevard Gallery

Service Campus-Based Businesses

• Boulevard Design – Graphic Design Firm

• Tower Creative Consultants – P.R. Firm

• Campus radio station – being developed

Moench Endowed Speaker Series

Quality and Effectiveness

Faculty

• Full-time Faculty– Dr. Jeff Cornwall– Dr. Mark Schenkel– Mr. Jose Gonzalez

• Current Adjunct Faculty– Mr. John Wark– Mr. Matthew Wilson

Student Outcomes(Comparing entering with exiting responses)

• an increase in ability to secure needed resources to launch a business venture

• an increase in knowledge to start and manage a business of their own

• an increase in their intention to launch a business after graduation

• an increased ability to reduce risk and uncertainty for a new venture

• an increased confidence in their ability to establish and achieve goals for new ventures

Student Outcomes

• 33.05% of our majors/minors have started a business while in the program

• 87.18% of those businesses still operating

• 30% of most recent graduating classes started businesses – 100% still in operation

Enrollment History of Declared Entrepreneurship Majors

First Five Years of the Program (2004-2008)

2004 2005 2006 2007 2008 (est.)

Other Majors Across Campus Involved in Entrepreneurship Program

(Including Minors, Students in Co-curricular Programs, and Affiliated Programs)

Art Graphic Design Photography Education

Environmental Studies

Media Studies Public Relations Broadcast Communications

Video Production Music Business English Political Science

Theater Religion Foreign Language International Studies

Occupational Therapy

Physical Therapy Nursing Psychology

Biology Social Work Music Commercial Music

Audio Engineering

Philosophy Honors Program Sports Management

Student Effectiveness: Competitions

• Delta Epsilon Chi

• SIFE

• Business Plan Competitions

Completeness and Comprehensiveness

Curricular Programs

• Entrepreneurship Major

• Entrepreneurship Minor

Foundations in Entrepreneurship

Entrepreneurial Financial Management

Entrepreneurial Venture Management

Entrepreneurship Electives (6 cr.) – •Service Learning in Entrepreneurship•Family Business•Launching an Entrepreneurial Venture•Internship Credits (3 cr.)•Other Business Elective

Business Tool and Core Courses (40 cr. BBA requirements)

Human Resource Management

Entrepreneurship Major Requirements

Foundations in Entrepreneurship

Entrepreneurial Financial Management

Entrepreneurial Venture Management

Business Ethics

All Requirements of their non-business major

Integrated Accounting(6 credit course)

Entrepreneurship Minor Requirements

In-class Activities

• Local live case studies

• Experiential exercises

• Class speakers

Entrepreneurship Club

• CEO

• Delta Epsilon Chi

• Community Service

Sustainability

Funding• Endowments

– Jack C. Massey Chair– Moench Entrepreneurship Lecture Series– Entrepreneurial Excellence Grant Fund

• Grants– Coleman Foundation– Local Foundations

• Gifts– Business Plan Competition– Entrepreneurship Club

Support from Administration

• Faculty lines

• Staff support

• Budgetary funding

• Part of College of Business Mission

• Strong support from Senior Administration and Development

Entrepreneurship Across Belmont Initiatives: Building an Entrepreneurial Culture

• Campus-based businesses

• Non-business major hatchery

• Convocation Lectures

• Guest lectures in other programs

• Community connections

• Faculty developments programs

Campus-based Businesses

• Self-sustaining funding

• Succession planning

Transferability

Coleman Funded Projects

• 2007 USASBE Pre-conference– Sharing program innovations

• 2008 USASBE Pre-conference– Web-based collaborative