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Millikin Extends Entrepreneurship Offerings through a Minor for Non-Business Majors
The Millikin University Tabor School of Business has offered Entrepreneurship as a business major for a number of years. Now, non-business majors can claim Entrepreneurship as a minor. The new E-minor extends entrepreneurship across disciplines. The curriculum is a combination of business and entrepreneurship courses totaling 23 credit hours. The E-minor is geared toward students who are interested in becoming owners of their own businesses, artistic careers, or projects within an organization.
Student Launches Microfinance Fund
Kyle Nicholson, junior Finance major, created the Millikin Microfinance Fund to help poverty-stricken female entrepreneurs in the Dominican Republic by providing them with microloans to start a business. MMF works with micro finance institutions in the Dominican Republic to make these small, affordable loans available to entrepreneurs.
The Hub Presents the Ideas inc. Elevator Pitch Competition
During the Fall 2011 semester Millikin’s student business incubator, The Hub, hosted a series of workshops designed to help students take their business ideas to the next level. Ideas inc. guides students in the development of their business concepts by addressing such topics as: value proposition, customers and customer relationships, key activities, resources, partners, and financials.
Ideas inc. provides a unique opportunity for students genuinely interested in developing their business ideas and to help them take the first step by solidifying their business concept. Throughout the workshop, students were given assistance, advice, and guidance on their business idea. Over a period of seven weeks, nine Millikin students from a variety of disciplines worked to fully define their ideas and determine if and how their ventures could succeed. At the end of the workshop, students presented their elevator pitches to a small panel of judges.
Students' Entrepreneurial Skills were Tested During a Two-Series Ideation Workshop
Millikin’s Center for Entrepreneurship created a set of two workshops designed to challenge entrepreneurship students to create concepts and identify a plan to put those concepts into action.
The first Ideation Workshop took place on September 1, 2011, where 48 Entrepreneurship students developed a business concept that would solve a problem they identified on Millikin’s campus. After creating their concepts, each group presented their problem and business solution. The second workshop, held on November 17, 2011, acted as a continuation of the first. At this workshop, students developed feasibility studies for the top 3 business ideas from the initial Ideation Workshop. Groups again competed against each other, this time, to produce the best feasibility study. Students made their presentations in front of their peers and a panel of judges, who selected one group as the winner.
First Step FastTrac Continues to Help Community Entrepreneurs
First Step FastTrac (FSFT) is a course on business ownership offered by Decatur SCORE Chapter #296 and Millikin University’s Center for Entrepreneurship. The 12-week program is designed to use a hands-on technique to help entrepreneurs gain the knowledge and skills needed to create, manage, and grow a successful business. Decatur SCORE Chapter #296 is a part of SCORE "Counselors to America's Small Business," a national not-for-profit association dedicated to entrepreneur education and the formation, growth and success of the nation's small businesses. This program provides confidential business advice and counseling to entrepreneurs at no charge. SCORE Chapter #296 also offers workshops for a modest fee for both start-up and in-business entrepreneurs.
Blue Connection Goes on the Road
On October 1, 2011, Blue Connection’s student ownership team packed up the gallery and traveled to Art on the Bluffs third annual Art Walk. The three-block-long, self-guided art walk was held in downtown Columbia, IL. Blue Connection was able to take advantage of this opportunity thanks to the efforts of Millikin Alumnus, Cristin Callis. Callis co-founded Art on the Bluffs following graduation from Millikin in 2009. The event gives local artists and entrepreneurs the chance to showcase and sell their work.
Pipe Dreams Studio Theatre Hosted its Fall Season Launch Party, The Blue Print
Pipe Dreams Studio Theatre is Millikin's student-run theatre company producing 21st century works by Millikin University students, faculty, and alumni, in addition to mounting student directed productions and events.
On September 30, 2011, the student-run theatre company hosted The Blue Print, its semi-annual launch party, at the Decatur Area Arts Council. The event featured a series of live performances, refreshments, a silent auction fundraiser, a cash bar, and donation collections at the door. The night culminated with the company’s announcement of their upcoming fall season.