University of Iowa News Release
Sept. 10, 2004
UI Students Can Apply For Office Space To Launch Businesses
Some of the world's most ingenious and successful business ideas have been developed by college students. Companies big and small (from Google to local Red Bull distributor Voss Distributing) have been the brainchild of enterprising college students.
The University of Iowa's Bedell Entrepreneurship Learning Laboratory (BELL) provides the entrepreneurial resources that will help Iowa students make their business ideas a reality. The BELL is a community hub for entrepreneurial students where they can have their own office to work on their business plans while completing experiential learning projects.
The John Pappajohn Entrepreneurial Center (JPEC) is now accepting applications from students to have dedicated office space in the BELL, a 10,000 square foot facility located on Clinton Street, across from the Burge residence hall. This former fraternity building has been converted into an applied learning environment. In addition to offices for student groups or individuals, the facility features several larger rooms that will house presentations by guest speakers and receptions. Students will be able to gather and share their entrepreneurial insights, visions and plans.
The BELL has 17 private, secure, furnished offices with high-speed Internet access, meeting and conference rooms, and office services and equipment including printer, fax, copier and mail delivery. Because it is affiliated with the entrepreneurship programs in the Tippie College of Business, students will receive intensive mentoring and assistance from staff from JPEC and the Small Business Development Center (SBDC).
Both individuals and teams who want to start businesses are welcome. To be eligible, at least one member of the team must be a currently enrolled UI student as an undergraduate or graduate student. Students will be admitted on a semester basis and must demonstrate adequate progress in order to retain their office space in subsequent semesters. Students without formal business plans are expected to write one during their first semester in the program.
"This unique facility dedicated to entrepreneurship is an integral component to our nationally ranked campus-wide entrepreneurship program. It will allow our students to develop a greater understanding of entrepreneurship, better prepare students for entrepreneurial careers, attract top students interested in entrepreneurship to the University of Iowa, and stimulate new business formation and job creation in our state," said David Hensley, JPEC Director.
Applications will be judged on several criteria, including the student's business model, their desire or motivation to succeed and participation in JPEC's academic programs. Applications will be accepted until the office space is filled; forms are available on the JPEC website at http://www.iowajpec.org/students/learning.html.
STORY SOURCE: University of Iowa News Services, 300 Plaza Centre One, Suite 371, Iowa City, Iowa 52242-2500.
CONTACTS: Media: George McCrory, 319-384-0012, firstname.lastname@example.org.