Tough Economy Opens Doors of Opportunity for Entrepreneurs Interested in Scholarships

Genesee Community College Offers Free Business Courses
With the unemployment rate at 6.5% and expected to climb higher, entrepreneurs and energetic American inventors and innovators are an essential element in the recovery of the nation’s economy. All entrepreneur “wanna-be’s” are welcome at Genesee Community College to take big dreams, creative ideas, and a desire to be their own boss through an entrepreneurship scholarship program featuring two college-credited business courses.

The Genesee Community College scholarship program is part of the collaborative WIRED (Workforce Innovation in Regional Economic Development) grant, wherein eligible participants will be reimbursed for the cost of tuition and books for two college entrepreneurship courses offered in this coming Spring, Summer and Fall of 2009. The scholarship grants are valued at approximately $500 per semester for enrolling and completing Business 111: Exploring Business Opportunities; and Business 225: Entrepreneurship.

The first course, Business 111: Exploring Business, 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. This course will be offered in Spring 2009, starting January 20th at the following times and locations. (The application deadline for the Spring 2009 semester is January 15th.)
  • Batavia Campus, Wednesdays from 6:00 – 9:30 PM for 12 weeks
  • Medina Campus Center, Thursdays from 6:00 – 9:00 PM for 16 weeks
  • Warsaw Campus Center, Saturdays from 9:00 – 11:50 AM for 16 weeks.
The other class offered this Spring is Business 225: Entrepreneurship, which is the capstone course covering the critical process of developing a bona fide business plan with important elements such as the management processes, legal issues, regulations, marketing research and penetration, pricing, and financial perspectives. The resulting business plan can be presented to a lending institution for a business loan. This course also starts January 20th at following locations:
  • Batavia Campus, Thursdays from 6:00 – 9:00 PM for 16 weeks
  • Albion Campus Center on Thursdays from 6:00 – 9:00 PM for 16 weeks
Both courses are worth three college credits and will be offered again in Summer and Fall 2009. The complete WEE schedule is available at www.genesee.edu/wee.

“With the current state of the economy, we are encouraging people to take the first step in becoming an entrepreneur. While making personal goals and aspirations come true, they will be helping the economic growth of our community,” said Barbara Shine, Assistant Professor of Business and Entrepreneurship. “These courses are the building blocks to create new companies and new jobs.”

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. The application deadline for the Spring 2009 semester is January 15th. Women and minorities are strongly encouraged to apply. Scholarship awardees will be notified prior to the start of each course.

“The WIRED Emerging Entrepreneur Scholarship Program will allow us to discover the abilities and resources in our communities that help drive economic competitiveness and local job growth,” Shine said. “This program is an excellent opportunity to add vitality to our region’s current economy.”

For more information or application forms, go to: www.genesee.edu/wee or contact Barb Shine at (585) 343-0055 x6319 or bashine@genesee.edu.
Category: