Entrepreneur University

[chanel]

Public/private partnership at its best.

According to Intersect Fund Director Rohan Mathew, the Entrepreneur University program has been running since 2008 and has handed out 200 diplomas. This is the first time the program will be offered in partnership with the Department of Labor to award scholarships. Typically, the class costs $899 to complete.

Ninety-six percent of the program’s graduates are either employed or in business within 12 months of completing the course, Mathew said.

“Not everyone starts a business after the program,” he said. “Some realize their business idea was not viable, but this is giving them the skills to find employment if not self-employment.”

The Intersect Fund receives private investments, according to Mathew -- including a recent $100,000 investment from Capital One bank -- and the total amount in the fund is $250,000.

Since announcing the Department of Labor partnership last week, Mathew said more than 50 people have applied for the some 50 spots in the Entrepreneur University class which begins July 9. He estimates a second class will be added for September.
Read more: N.J. Offering Scholarships to Unemployed Would-Be Entrepreneurs | Fox Small Business Center

How many people have great ideas but just don't know how to get started and navigate all the govt. regs?

I love this idea.

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