Colorado Mountain College’s 2009 Elevator Grant program of mini-grants to student entrepreneurs is complemented by the college’s student business incubator program sponsored by the Leadville campus. The Timberline Campus Student Business Incubator is housed in an annex of one of Leadville’s historic homes built by Horace Tabor in the late 1800s. Entrepreneurial students from the local high school and the college are eligible to apply for occupancy.
Over the summer, the college staff installed three modular office spaces with bookshelves, desks, chairs, and file cabinets. In addition, the incubator has a shared conference area with a business resource library. Each office will have a computer with a wireless connection and the student tenants will share a printer/fax. The computers and wireless connection will be installed by late September.
The next round of mini-grants using the remaining Hughes funds will take place in October 2009. As we did in April 2009, we will have an elevator grant competition when entrepreneurial students pitch their business idea to the Advisory Council of the college’s Entrepreneurship Program. We will award three grants of $500.00, which will complete the approved utilization of the Hughes funds. We expect these student mini-grant recipients to be the first tenants of the Timberline Student Business Incubator.