Do you have an idea for a new product or better service? Genesee Community College is seeking individuals with big dreams, innovative ideas and a desire to be their own boss 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 business opportunities in any industry, from educators to chefs, artists to manufacturers, computer geeks to cowboys.
As part of a grant anticipated to be allocated to Genesee Community College from the collaborative WIRED (Workforce Innovation in Regional Economic Development) initiative that also involved Monroe and Finger Lakes Community Colleges, a WIRED Entrepreneurship Opportunities (WEO) Scholarship will reimburse participants for the cost of college course tuition and books at a value of $500 per course. When received, these grant funds 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 will run for 12 weeks at three campus locations as indicated below:
? Warsaw Campus Center, Mondays starting September 10 from 5:30 – 9:00 PM
? Albion Campus Center, Tuesdays starting September 11 from 5:30 – 9:00 PM
? Batavia Campus, Wednesdays starting September 12 from 6:00 – 9:30 PM
This course 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 two designated Genesee Campus Center locations.
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, participants will have a business plan to take to a lender. Both courses are worth three college credits each and will be offered at the Batavia Campus and the designated 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 participants 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 resident of Genesee, Livingston, Orleans, or Wyoming county for the past six months, and also be a US citizen, national, refugee alien, or permanent resident alien.
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.”