New USU center to help student entrepreneurs

The Huntsman School of Business recently opened a new center designed to offer all the resources a USU student would need to start a company.University officials cut the ribbon for the Center for Entrepreneurial Excellence on Jan. 25. The Huntsman School commemorated the opening with several events throughout the week, including speeches from successful entrepreneurs.Michael Glauser, executive director of entrepreneurial programs, said during the ribbon cutting that the center’s services will be available to any student with an interest in starting a business. The new center will help students turn good ideas into realistic business models, he said.”This center is available for all students in all colleges in all departments across all of our campuses,” Glauser said. “This is not exclusive to students in the Huntsman School of Business.”Participation from students outside the business college are welcome and would likely help ventures succeed, Glauser said.”There’s a great deal of evidence that shows that on a start-up team, the more diverse the team members, the more likely that venture will be a success,” Glauser said.Glauser said the university will enlist help from individuals and organizations across the state to provide branding services, graphic design, legal services, web design and funding for student entrepreneurs. Angel investors, venture capitalists and private equity groups will be arranged to help students start companies, he said.One of the most important services available to students is a group of mentors from a group of successful entrepreneurs called the Founders Board. His goal was to increase the number of members on the Founders Board to 100 people, he said. USU head football coach Gary Anderson serves as the chairman of the board.

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