Entrepreneurship is growing in popularity and believe it or not small businesses created by entrepreneurs are the missing key to a full economic recovery. More than half of job growth comes from small businesses specifically young, dynamic firms, created by people like you and I. Because of greater optimism and confidence in entrepreneurs abilities to start new businesses, activity is the highest it has been with 13 percent of Americans involved in entrepreneurial activity. With the median amount of $15,000 required to start a business, CUNY and Baruch have joined forces to help student entrepreneurs establish solid ground. Here’s the top 5 reasons The Lawrence N. Field Center for Entrepreneurship at Baruch College rocks:
1. Their help in driving the local economy. 16,277 businesses have been served, $110,551,952 invested in the area’s economy and 5,676 jobs have been saved or created.
2. Co-working. Professor Edward Rogoff of Baruch (Entrepreneur Guru) advises students to attend free co-working hours on Friday afternoons at the center where you can collaborate, share and developed business ideas with other students, faculty, staff and mentors. Click here for more info.
3. Free Small Business Counseling. Students and non-students who own businesses or want to start their own business can go to the center for mentoring on their business on all topics like: creating business plans, feasibility studies, financing, funding, marketing and more! Click here for more info.
4. Competitions. These competitions provide students with mentoring, networking, co-working, educational sessions and FUNDING! Here’s a few of them: IBM Watson Case Competition , Smart Pitch Challenge & Idea Brewery Hackathon.
5. Business Incubator. CUNY Center for Student Entrepreneurship (CSE) Incubator is dedicated to startup and early-stage companies. This top notch and competitive CUNY incubator selects a small group of companies for a semester long incubator that provides workspace, mentorship, prize money, workshops and funding. Click here for more info.
Field Center Contact:
Lawrence N. Field Center for Entrepreneurship/ Baruch SBDC
55 Lexington Avenue, Suite 2-140
New York, NY 10010
Business News Daily – May 22, 2013
American Enterprise Institution – April 3, 2013
Credit: Entrepreneur Image via Shuttershock
Created by Tara Atwood, Executive Committee Member