Colorado Mountain College received an elevator grant of $5,000 from The John E. and Jeanne T. Hughes Charitable Foundation at the 6th annual NACCE conference. We will use the funds to provide 11 mini-grants of $250 to $750 to high school and community college students to launch a business or develop a product prototype. The goal of our mini-grant program is to support entrepreneurial students seeking self-employment as a career choice. The mini-grant program will also enhance the impact of the Timberline Student Business Incubator that the college's Leadville, Colorado Campus is launching in May 2009.
During the week of March 2, 2009, we will publish the mini-grant application process (see attached document). On April 6, the applicant students will make an elevator pitch to a panel of practicing entrepreneurs and entrepreneurship instructors. We will also provide an elevator pitch workshop a week before the competition to help students prepare for presenting their business idea in the format of an elevator pitch.