Entrepreneurship clubs help students turn their ideas and passions into businesses and develop future business leaders.
Ryan Allis and Aaron Houghton met at an entrepreneurship club while attending the University of North Carolina at Chapel Hill. Within three days of meeting, the two had the idea for their company iContact that helps small businesses manage their e-mail marketing. iContact now has 63,000 customers and generated $26.5 million in revenue last year. With the creation of entrepreneurship clubs, colleges and universities across the country are becoming small business development incubators.
According to the Ewing Marion Kauffman Foundation, over 2100 colleges and universities were offering entrepreneurship education programs by 2006. [continue reading]
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