8/18/2010

MSU to launch student business incubator | lansingstatejournal.com | Lansing State Journal

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EAST LANSING — Michigan State University

is launching a student business incubator and entrepreneurship certificate program.

The university today formally announced the creation of MSU ENet, an entrepreneurship network, to provide business and education resources to students and community members.

A business incubator called The Hatch should open by early 2011 as a place for up to 25 undergraduate and graduate college students

to work on furthering their business ideas.

The 2,500-square-foot incubator will be housed at 325 E. Grand River Ave., home of the East Lansing Technology Innovation Center, a city-run incubator for technology startups.

MSU has committed at least $100,000, most of which will fund construction of the office space. The Lansing Economic Area Partnership Inc., city of East Lansing and Christman Co. also have pledged support to keep the incubator operating for at least two years, said ENet director Bryan Ritchie, a professor at the James Madison College.

ENet also will offer a certificate in entrepreneurship for MSU students and community members. It involves the equivalent of two college courses and a hands-on project.

The first part of the program — a course called “Venture Creation and the Innovative Mindset,” starts Sept. 8 and runs every week throughout the fall semester.

Read Wednesday's Lansing

State Journal for more on this report.

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