Universities through their colleges of businesses, entrepreneur centers, and other resources have abundant capability to assist aspiring entrepreneurs; start-up and mature entrepreneurs achieve their entrepreneur goals. Much of university business and entrepreneur development services are free or relatively low cost. University entrepreneurship centers employ full time experienced and highly qualified experts and utilize talented faculty. Many have low cost business incubators and accelerators. The centers have links to state, and federal business assistance resources, specifically the U.S Small Business Administration. Three universities with high performing entrepreneur assistance centers are Delaware State University, George Mason University, and Morgan State University.
Delaware Center for Enterprise Development (DCED), College of Business, Delaware State University
The Delaware Center for Enterprise Development (DCED) at Delaware State University has assisted in the development of enterprises since 1992. DCED is the community outreach arm of the College of Business. It provides business training and entrepreneurial education for youth and adults, supports community economic development initiatives and offers one-on-one technical assistance to entrepreneurs. The mission of the Delaware Center for Enterprise Development (DCED) is to educate current and prospective entrepreneurs and enterprise managers through training programs, technical and managerial assistance and by providing access to capital. Co-located with the Delaware Center for Enterprise Development is a Small Business Development Center.(source)
The Mason Enterprise Center (MEC), George Mason University
“The Mason Enterprise Center is focused on accelerating the culture of entrepreneurship, local and regional economic development, and business innovation. Serving businesses from 32 community-based offices throughout Virginia, the Center offers a number of support programs for small and emerging-growth companies to include five (5) incubator/accelerators, Mentor-Protege Program, Virginia Small Business Development Center Network, Virginia Procurement Technical Assistance Program, business mentoring and consulting programs, and a number of telework, continuity of operations plan (COOP), flex-office space and training center programs. Additionally, the MEC supports global economic development programs supporting business export initiatives, business-to-business (B2B), international “soft-landing” programs, and technology trade fairs working in partnership with foreign governments and D.C.-based foreign Embassies. Contact Keith Segerson, 703-277-7700 or email at email@example.com.” (source)
The Center for Entrepreneurship and Strategy (CES), Morgan State University
“One of the primary goals of the CES is to reach out to the Baltimore business community and provide assistance through the expertise of our faculty. The Earl G. Graves School of Business has a great team of faculty with a variety of expertise areas. Our faculty has assisted and mentored a number of entrepreneurs and business owners through a variety of issues including the development of business plans, firm valuation, marketing, and other strategic management issues. Whether you are thinking about starting up a business or you are a business owner that needs assistance to grow your business, the CES may be able to help you.” (source)
Aspiring entrepreneurs, start-up businesses, and even mature businesses should check out the business assistance capabilities of their local universities.