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Entrepreneurs to learn trade

Heather Hall

Issue date: 4/24/03 Section: News
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Students who are hoping to start their own business can get a little extra help and guidance Friday at the first Entrepreneurship Day, sponsored by ISU’s Entrepreneurship Club, which hopes the event will become an annual one.

A shuttle service will run from the Alamo II to the Interstate Center in Bloomington where the conference is being held, at 8:30 a.m. and 10:30 a.m. and again once the day is over, around 2:30 p.m., Assistant Coordinator of Entrepreneurship Club Daniel Looney said.

The day will be similar to a conference, Looney said.

The conference will feature speakers and events touching on the risks and opportunities of starting a business, Looney said.

Students can obtain firsthand knowledge, guidance and reassurance from business owners in the community, Interim National Director for the Collegiate Entrepreneur’s Organization Jean Walsh said.

They can hopefully come away with new ideas and information that will help them in the future, Walsh said.

The Collegiate Entrepreneur’s Organization, along with the Illinois Institute for Entrepreneurial Studies, sponsors the conference.

The keynote speaker, Mark Grant, works for the Department of Commerce and Economic Opportunity, Looney said.

“He has a lot of experience with small business, and he knows the impact of small businesses on the economy and the community,” Looney explained.

Grant will explain how small businesses help the economy, according to Looney.

The conference will begin with an opening speech on the risks of business start-up, Looney said.

The speaker owns a business in which he renegotiates telecommunication contracts, he said.

The conference attendees will then be able to choose between two different speakers, Looney said.

One speaker will discuss various aspects of owning a business, covering such topics as legal contracts, hiring and purchasing, Looney explained.

The other option will be a businessman describing the opportunities and possibilities that franchising has to offer, Looney said.

After lunch, attendees can choose to participate in a legal or a women’s panel, Looney said.

Loans, government resources and legal issues topics will be addressed during the legal panel, Looney specified. Speakers will include bankers, small business administration representatives and lawyers, he added.

Successful businesswomen will discuss the impacts of entrepreneurship on women during the women’s panel, Looney said.

Professor of Management and Quantitative Methods Michael Winchell will end the day with a few comments of his own, Looney said.
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