Sunday, May 01, 2005
Western Kentucky University is using business plan competitions as a way to accerate entrepreneur networks among its students. Read more.
Well designed business plan competitions should have four goals: 1) to motivate students to come forward with ideas, 2) to build the the students' business skills by bringing them together with experienced entrepreneurs , 3) to attract enough investment capital to start at least one business, and 4) to identify lawyers and accountants willing to support entrepreneurs will low cost services.
posted by Ed Morrison |
Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.