Member Schools Assisting Economically
Disadvantaged Communities
Alabama State
University: Teaching Skills for Entrepreneurship–
The recent Welfare to Work initiative has created a demand for the training and
education of people weaning themselves from government assistance. For more than
20 years, Alabama State University's College of Business Administration has
offered free training workshops in business ownership and business management to
this disadvantaged population.
Since 1978, the program has trained more than 2,500 people, providing them
the opportunity to become financially independent. One program graduate, a
former welfare recipient, has been successfully operating her restaurant for 10
years thanks to the entrepreneurial skills learned through the business school.
This year, nine clients are currently operating their own businesses through a
small business incubator program.
For more information, contact: Lorenza Patrick, director, Small Business
Development Center, 334-229-4138
Babson College: Working with Organizations
Worldwide to Enhance Economic Productivity – Babson faculty members have
helped shape entrepreneurship education for the Native American community. Our
faculty members have volunteered their time to travel to tribal colleges to help
explore ways to tailor entrepreneurship education as a strategy and option for
young people in order to achieve self-sufficiency and community development.
They have coached tribal educators on how to effectively use the case method and
to write cases about Native American entrepreneurs to which students can relate.
In part through their guidance, many new entrepreneurial opportunities have been
generated in this community.
Every summer, a group of Babson students and faculty members travel to the
University of Stellenbosch near Cape Town, South Africa, to assist in the
development and delivery of a course in entrepreneurship to disadvantaged South
African high school students from diverse racial and economic backgrounds. Since
2001, they have taught entrepreneurship to nearly 1,000 African teenagers. This
course has helped these African students to qualify for college admission and
compete in local business plan competitions.
In 2004, Babson students funded the Babson Global Outreach through
Entrepreneurship (BGOE), a nonprofit educational organization that works to
reduce dependency and increase self-sufficiency by bringing MBA students to
developing countries, effectively supporting the spirit of local entrepreneurs,
and creating sustainable business models. In January 2006, BGOE traveled to Sri
Lanka to help do reconstruction work and consult with businesses that were
rebuilding after the devastating tsunami of 2004.
For more information please visit: www.babson.edu/eship/outreach-events/outreach.cfm
Boston College: Bringing Education to
Inner-City Youth – In the nation's inner-city schools, students often lack
exposure to financial education and real training in today's technology. In
1992, Boston College's nationally recognized program "Kids on Campus"
was created to reverse these problems and bring middle school-age children to
campus for academic enrichment sessions with MBA mentors.
Over the past six years, the program has helped approximately 350
disadvantaged children improve their grades, enhance their computer skills, and
develop their interest in careers and higher education. The graduate business
students, in return, receive valuable experience in communicating complex ideas
and teaching in a multicultural environment. A new initiative in this program is
"Kids Capital Management," in which students learn about the stock
market and the Internet with the help of their MBA mentors.
For more information, contact: Joe Hunter, director of communications,
617-552-0419
Columbia Business School:
Connecting Inner-City Businesses With the Mainstream Economy –
Illustrating the blend of community-directed, classroom-based and practical
experience at Columbia Business School is the Inner-City Consulting course. MBA
students with mentors from Booz, Allen &
Hamilton perform hands-on, pro bono consulting for inner-city businesses and
other organizations involved in New York City economic development. The course
provides businesses with MBA consulting teams who identify and address issues
that are key to the success of the individual businesses, while developing
important skills in the students.
Last year, over 50 students worked with clients. For fall 1998, Inner-City
Consulting had seven new clients and more than 30 students enrolled in the
course. The projects students have completed have made a real impact on the
community. For example, working with the New York City Investment Fund, the
students helped to develop the Fund's sector strategies. For other inner-city
businesses, students have assisted in strategic planning, created Web pages, and
developed long-term business plans that resulted in additional financing for the
client.
For more information, contact Randee Sacks, director of public affairs,
212-854-2747
DePaul University: Students Use
Business Planning Acumen To Create Brighter Future For Uptown Jewish
Congregation – About 40 entrepreneurship students, independent study
students and members of a campus group called Students in Free Enterprise (SIFE)
have contributed to the revitalization of the Agudas Achim North Shore
Congregation in Uptown. The initial students met with Agudas Achim leaders to
learn about the congregation’s needs. They produced an overall plan that
divided the effort into various projects, such as dwindling membership, physical
disrepair and the question of whether or not the 75-year-old congregation had
incorporated as a not-for-profit. Part of the plan already has been realized,
with the April launch of an English as a Second Language (ESL) program. ESL has
attracted 40 adult students from the congregation’s large immigrant
population. Teams also are seeking funding to implement the Golden Diners, a
senior hot lunch program. Students are researching Agudas Achim’s nonprofit
status and investigating grant opportunities to fund building repairs and
renovations. Additional renewal plans call for the conversion of the
congregation’s school building into a community center and library and the
establishment of long-term strategic and fund-raising plans.
For more information, contact: Harold Welsch, Coleman Chair in
Entrepreneurship, College of Commerce, DePaul University, 312-362-8471.
Duquesne University: Applying
Good Business Know-How to Make Dreams a Reality – Sometimes all it takes
is a good business plan to get a dream off the ground – even in the
inner-city. Students from Duquesne University's A.J. Palumbo School of Business
Administration are helping those dreams become reality in some of Pittsburgh's
most economically challenged communities, including the North Side, Homewood,
Allegheny Valley, West End and Garfield.
Students concentrate each semester on providing business assistance to
clients and companies located in distressed communities. In a special course
called "Business Problems 3," student "consultants" develop
sound business plans and feasibility studies for clients. Among the class's
clients during the past two years: a medical technology company, a charter
public school and a computer networking company. The benefit of the course is
two-fold. It ensures that much needed business know-how and support is being
delivered to the areas that need it the most, and it gives students experience
in solving real-world business problems.
For more information, contact: Mary Esposito, assistant director of public
relations/media, 412-396-6050
Instituto Technologico y
de Estudios Superiores de Monterrey (ITESM): Leadership Program Develops
Management and Leadership Skills for Coordinators of Charitable Organizations
– The ITESM Monterrey Campus Graduate School of Business Administration and
Leadership (EGADE) designed a leadership seminar on humanitarian development
targeting charitable organizations. The purpose of this Leadership Program is to
develop management and leadership skills in the people who run and coordinate
these organizations. The 25-hour leadership program makes it possible for EGADE
to directly support less-favored communities while it reinforces the
institute’s mission. Seventy individuals, representing 35 institutionsć
with wide-ranging activities including attending the disabled, homeless children
and senior citizens, support for police abuse victims, and environmental
protection and human rightsć participated in the
program. Based on positive feedback from program participants, EGADE is
contemplating teaching this course once a year, inviting different charitable
institutions to participate.
For more information, contact: Carlos Romero, EGADE,
ITESM, 011-528-328-4267.
University of
Missouri-Kansas City: Tackling Urban Problems Through Strategic Alliances
– Residents in Kansas City's metropolitan core face the same distressing
issues typical to many urban centers: crumbling infrastructure, unemployment,
crime, and lack of access to training, education and jobs. Applying vast
resources in a variety of disciplines, including public affairs, urban planning,
sociology and economics, the Kansas City Community Outreach Partnership Center
(KC-COPC) is engaged in 11 applied community research and technical assistance
projects, targeting housing, family services and economic development needs of
the community.
The KC-COPC was created as a result of strategic alliances with several
government and social service agencies aggressively built by the University of
Missouri-Kansas City. To facilitate outreach to Kansas City's disadvantaged
communities, the KC-COPC serves as the central coordinating and support
mechanism. The new Business Incubator Without Walls, for example, has helped 22
budding entrepreneurs in these disadvantaged areas develop businesses, providing
self-employment and other job opportunities.
For more information, contact: Nolen Ellison, Missouri Scutte Professor of
Urban Affairs, 816-235-5243
University
of North Carolina at Chapel Hill: Promoting Entrepreneurship Among
Inner-City Residents – Founded on the premise that as central cities
reverse their decline, America's global competitiveness will improve, the Urban
Investment Strategies Center (UISC) was established by the University of North
Carolina at Chapel Hill's Frank Hawkins Kenan Institute of Private Enterprise,
an arm of the Kenan-Flagler Business School. The objectives of the Center are
simple: encourage and promote entrepreneurship among residents in economically
distressed communities as a means to financial independence, and prepare
residents to actively participate in the 21st century knowledge-based
economy.
The UISC's Urban Enterprise Corps places recent MBA graduates in businesses,
community-based non-profits, and local urban economic development organizations
to share their managerial and technical skills. A typical private business
receiving help is three to five-years-old, has an annual revenue of at least $1
million and operates in a growth sector of the local economy. The UEC helps
community-based organizations to develop entrepreneurial strategies for
generating income, which, in turn, is used to support their social missions. By
using the Corps's resources, enterprising business owners and non-profit
organizations are able to develop their managerial skills and self-sufficiency.
For more information, contact: Kim Spurr, director of news, 919-962-8951
University of Notre Dame:
Developing Plans for Revitalization – Declining conditions of
neighborhoods in northwest South Bend, Ind., have brought about considerable
financial and social costs. While the symptoms of the problem are easily
identified in the blighted neighborhoods, the city of South Bend and the South
Bend Heritage Foundation had trouble assessing the financial impact of the
decline on the city. Recognizing that this type of analysis was imperative to
finding a viable solution, the city turned to the College of Business
Administration at the University of Notre Dame to research the area and develop
neighborhood revitalization strategies.
A team of business school students developed a framework for estimating the
total cost of decay of the area to the community at large. The formula they
developed now is being used by the South Bend Heritage Foundation to evaluate
other neighborhoods in the Near Northwest region.
For more information, contact: Margaret Barry, director of communications for
the College of Business, 219-631-4652
Salem State College: Helping
Entrepreneurs Learn and Prosper –Partnering with the Salem Harbor
Community Development Corporation, Salem State College's School of Business
works to promote economic opportunities for Salem, Massachusetts's low- to
moderate-income population, especially Hispanic residents. The program, Helping
Entrepreneurs Learn and Prosper (HELP), currently assists more than 30 fledgling
entrepreneurs, one-third of whom are minorities.
Under the leadership of business school professors, the entrepreneurs are
assisted by teams of university students in developing business plans. After 10
weeks of instruction, the budding entrepreneurs are ready to begin their own
firms.
For more information, contact: Wayne M. Burton, dean, School of Business,
978-542-6633
University of Southern
California: Creating Economic Opportunity Through Specialized Education
– Southern California's real estate market is booming, but the Los Angeles
Redevelopment Agency faced a dearth of minority developers and entrepreneurs
interested in and capable of working on agency projects. The agency turned to
the University of Southern California to create a program to provide this
specialized education.
The result is the Minority Program in Real Estate Finance and Development,
drawing students mainly from the southern Los Angeles area. Supported by USC,
financial and real estate companies, and government institutions, the intensive
two-week course exposes its students to everything from operating a financial
calculator to negotiating leases. A number of students are successfully working
in the real estate field, including careers with Fundamerica's affordable
housing group and a private development company. With the new skills and
knowledge, Los Angeles's minority population now is able to play a larger role
in the real estate and development market.
For more information, contact: Robert Wynne, director of communications,
213-740-6411
University of Washington:
Building a Stronger Local Economy – One Business at a Time –
During the 1997 academic year, student consultants from the University
of Washington helped create more than 125 jobs and generate nearly $3 million in
value added revenue to Seattle's Central Area, an economically disadvantaged
community just outside the UW campus. Through the university's Business and
Economic Development Program (BEDP), graduate and undergraduate student teams
provided direct consultation to nine local businesses in developing financial,
marketing, human resource management, production and accounting practices.
Since 1995, the Business and Economic Development Program has advanced the
university's mission to help economically disadvantaged business communities
create and retain more jobs for local residents. By using the business school's
resources, these local businesses, from an automobile detailing shop to a
furniture store, are able to grow their enterprises and build an economically
stronger community.
For more information, contact: Michael Verchot, Director of the Business and
Economic Development Program, 206-543-2580
University of
Wisconsin-Oshkosh: Offering Management Expertise to Minority Communities
– For thousands of years, the Oneida Tribe of Indians of Wisconsin governed
its people according to the laws of the Haudenosaunee (Iroquois) Confederacy.
Though the Oneida Indian Nation exists as a separate political unit from the
United States, the tribal leaders recognized the importance of Western
management and communication techniques in the modern age. To meet this need,
the University of Wisconsin-Oshkosh worked with the tribe to develop a
customized certificate for Oneida Tribal Management.
Management and accounting faculty and staff provide the instruction,
sometimes team-teaching with members of the tribal organization. Since 1987, 125
students have attended courses; in January 1995, the first graduates earned
Certificates in Tribal Management after completing the required 178 hours of
workshops and seminars. The long-range objective is to have Oneida members
trained as instructors so that the program can be offered completely in-house.
For more information, contact: John Mozingo, director of the Business
Development Center, 800-232-8939
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