Student businesses get a boost
A business school
program helps students
put their ideas to work
By James Scripps
Oregon Daily Emerald
Starting a small business is a
difficult task for students who are
also juggling school and a social
life, not to mention trying to make
enough money to survive.
One outlet for students who are
dealing with this difficult situa
tion is the Braddock Education
Success Team, a program that
started three years ago at the Uni
versity to tutor business students.
Although this is still the main
function of the program, it also has
developed into a useful resource
for student entrepreneurs.
“Our primary function is to be a
resource for business students
who need academic help," said
Randy Nelson, director of BEST.
“But we also do business plan de
velopment.”
BEST helps students develop a
structure for their new businesses,
which helps determine whether
the idea is viable.
“Basically we saw that students
who wanted to start their own
businesses needed resources that
we have the ability to coordinate.
We can help provide students
with everything from the expertise
of experienced entrepreneurs to
the knowledge of an accounting
student.”
A recent survey revealed that
nearly 40 percent of business
school students have an idea for a
business, Nelson said.
The program has helped with the
development of three business
plans, including Robert Maris’ Orca
Designs, a company that makes
longboards [long skateboards) and
the Landsailor, an product that in
corporates a longboard with the sail
from a windsurfer.
Other businesses that received
help from BEST but have not yet
been started are a Mexican restau
rant and an Internet provider.
Nelson is also working with the
Lundquist Center, an arm of the
business school that helps stu
dents coordinate classroom work
with practical experience, to ere
WHO: Braddock Education Success
Team
WHAT: Tutoring for business stu
dents. and help for entrepreneurs.
WHERE: 271 Gilbert Hall
WHEN: Open Monday through
Thursday, 12 to 6 p.m.
ate a student business incubator.
The idea behind the incubator
is to create an environment where
several student businesses can
share resources such as staff, office
space and equipment to help their
enterprises get off of the ground.
Planners hope that the business
incubator will be in operation by
next year.
“If we are able to get the busi
ness incubator started, it will al
low students to take the next step
in advancing their business," said
Barry Weisband, director of the
Lundquist Center for Entrepre
neurship. “It will provide inex
pensive space, shared resources,
expertise from University faculty
and students and better access to
capital.”
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