Built for Change, Built to Last, Built From the Core
In 2007, MSCTC began planning an entrepreneurship venture. In one short, but fast and furious, year we developed the campus-wide and community supported Business and Entrepreneurial Services. The BES has been embraced by faculty and provides credit and non-credit courses, business counseling, and has already assisted local economic development efforts.
Recently, entrepreneurship has become a major “buzz” word. When MSCTC, Detroit Lakes began the process of establishing a Business and Entrepreneurial Services entity, we determined we would build an entity that would create change in a meaningful manner, would have lasting implications on the college and would stimulate the economic development of the communities we serve.
We determined that any efforts we would undertake would require strong faculty and staff input, support, and commitment. With this in mind we developed a “Core Group” to generate organic and authentic vision, programming, services and outcomes.
In one short year the BES has developed into a campus-wide, faculty led, community supported entity that has placed rural Detroit Lakes on the entrepreneurship map.
ü Entrepreneurship Speaker’s Series
o Nationally known entrepreneurs such as Dave Anderson of Famous Dave’s Restaurants
o Internationally known educators including Dr. Jeffrey Stamp
o Expanded to a bi-monthly entrepreneur’s roundtable.
o Economic Development at the city, county, regional, state, federal, and tribal level
o Chambers of commerce
o Regional funding agencies
ü Fundraising efforts,
o Grants - nearly $500,000
o Business and Industry - in initial stages to underwrite a community and student business incubators
This session will provide participant with the following Essential Replicable Elements:
ü Core Group
o Meetings schedule
o Local Economic Development efforts
ü Funding Resources
ü Advisory Board
Presenters will discuss the models efforts to develop strategies, partnerships and resources as well as examining challenges and strategies to resolve them.
Cristobal “Cris” Valdez, Campus Provost, Minnesota State Community and Technical College, MN
Helene Hedlund, Dean of Academic and Student Affairs, Minnesota State Community and Technical College, MN