Schulze School of Entrepreneurship
Where ideas become businesses and students become entrepreneurs.
From its inception, the goal of the Schulze School of Entrepreneurship Lab was to build something bigger than just an economic support function for new student-led businesses.
Our vision was to build an entrepreneurship community for both our existing students and the tenants of the lab. The Schulze School of Entrepreneurship Lab creates this community through geographic proximity, common purpose and a culture of sharing and exchange.
Lab tenants are selected from a pool of existing and recently graduated students through a highly selective application process. Successful applicants demonstrate a willingness to give back to the Schulze School of Entrepreneurship Lab experience through a number of activities:
- Creating internships for current entrepreneurship students
- Participating in guest lecture and Practicing Entrepreneur activities
- Supporting new entrepreneurs competing in various business plan competitions (MN Cup and Fowler)
- Directly mentoring other new businesses
In exchange for this community participation, tenants receive many benefits associated with the Schulze School of Entrepreneurship Lab:
- Office space and equipment located in the heart of the Schulze School teaching space
- Convenient access to faculty and the various entrepreneurship centers (such as the Small Business Development Center)
- State of the art meeting space
- Access to and input from other start-up entrepreneurs.
The result is a high-energy, collaborative community where entrepreneurs can begin the process of launching their businesses while continuing to tap into the support and advice of faculty, the insights of other entrepreneurs and access to other university resources.
The Fowler Business Concept Challenge
Focused on energizing the entrepreneurial spirit of UST students across campuses and colleges, the Fowler Business Concept Challenge asks students to develop a business concept that has the potential to become a viable, high-growth business. The teams that submit the winning business competition in each of two divisions (undergraduate and graduate) receive $10,000 scholarships from the University of St. Thomas.
A Schulze School of Entrepreneurship Lab Success Story
Kate Herzog '09 M.B.A. is the founder of House of Talents, a firm that imports artisinal jewelry from Ghana for sale in the United States. As she got the enterprise off the ground, she appreciated the support provided by working in the SSE Lab.