Genesee Community College Provides Scholarships to Local Entrepreneurs of All Ages and Interests

Do you have an idea for any new product or better service? Genesee Community College is seeking individuals with big dreams and novel ideas to take part in a new entrepreneurship scholarship program. The program is targeted at anyone who would like to nurture their entrepreneurial spirit or explore innovations in any industry, from educators to chefs, artists to manufacturers, computer geeks to cowboys.

As part of an $84,000 grant from the WIRED (Workforce Innovation in Regional Economic Development) initiative, a WIRED Entrepreneurship Opportunities (WEO) Scholarship can reimburse participants for the cost of college course tuition and books at a value of $500 per course. From this grant, $75,000 will be allotted over the next two years in scholarships for students attending two targeted entrepreneurship classes at Genesee Community College.

Eligible WEO program courses are Business 192: Exploring Business Opportunities, and Business 225: Entrepreneurship. The first course starts September 12th and will run for 12 weeks on Wednesdays from 6:00 – 9:30 PM at the Batavia Campus. It explores personal characteristics of an entrepreneur, investigates and identifies business opportunities, and presents business criteria prior to start-up as a basic foundation for entrepreneurial success. Business 192 will also be offered at one of Genesee’s Campus Center locations still to be identified.

The second course, Business 225: Entrepreneurship, being offered in Spring 2008 with a similar time schedule, is a capstone course that studies the critical process of developing a bona fide business feasibility plan. Topics include concept development, management, legal, regulation, marketing research and penetration, pricing, and financial perspectives. At the completion of this program, students will have a business plan to take to a lender. Both courses are worth three credits each and will be offered at the Batavia Campus and one of the campus centers.

“We hope that this scholarship program raises awareness that entrepreneurship is a viable career option,” said Barbara Shine, Instructor of Business and Entrepreneurship. “The courses are designed to help students take their dreams step by step and turn them into reality.”

There are a limited number of scholarship seats for this program. Applicants must be a US citizen, national, refugee alien, or permanent resident alien and a resident of Genesee, Livingston, Orleans, or Wyoming counties for the past six months. Applicants must be enrolled full- or part-time in any of Genesee Community College’s programs of study, taking courses at the College, or have earned previous college credit with an overall Grade Point Average of 2.5 or equivalent.

Interested individuals should submit the scholarship application form and related materials as soon as possible, but no later than September 1, 2007. Women and minorities are strongly encouraged to apply. Scholarship awardees will be notified prior to the start of each course.

“The WEO Scholarship Program will allow us to develop the talent and resources in our communities that help propel economic competitiveness and local job growth,” Shine said. “This program is a key strategy to energize the region’s entrepreneurial economy.”

For more information or application forms, contact Shine at (585) 343-0055 x6319 or bashine@genesee.edu

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