Boulder is known for its entrepreneurial spirit (see links below) and we noticed this spirit with our 60 CUBIC students this year. CUBIC runs during Maymester for three weeks (8:30-5:00) and is open to non-business majors with at least 60 credits or recent graduates. The participants learn about accounting, marketing, finance, personal finance, business & government along with leadership & management. There are also two career days that covers résumé writing, networking and interviewing skills.
During the three weeks, each participant is placed into a group of 3-4 other students and they work on a business plan project and present it to a panel of judges on the last day. Over the past few years, only about 20% of the students indicated an interest in starting their own company; but this year over 60% were interested!!! To add to the competition, Ronda Phillips of S3 Talent Management awarded the top three teams with gift cards. Members of the first place (Gold) team each received a $150 gift card, 2nd place (Silver) received a $100 gift card and 3rd place (Bronze) received a $50 gift card. There were 14 teams total.
The Gold team's business plan was around a restaurant that
was also involved with community giving. The team included: Mark Arnoldy, Todd
McPherson, Funmi Ogunremi and Julia Schroeder.
The Silver team promoted a product to enhance study habits of
students. The team was comprised of
James Caine, Justin D'Atri, Laura Hoch and John Kelly. The Bronze team focused their efforts on an
outdoor recreational service. Team
members included Zack Feirer, Sean Hanley, Samantha Kirberg and Spencer
Sinclair. All of the teams had great
concepts. We can't wait to see what kind
of business plans next year's class will develop and present to the panel of
judges. CUBIC 2011 will be held from May
9-27.
Boulder, Colo., a Magnet for High-Tech Start-Ups
Claire Cain Miller, New York Times. Published May 13, 2010
http://www.nytimes.com/2010/05/14/business/14boulder.html?src=me&ref=general
Why Boulder is America's Best Town for Start-Ups
Vivek Wadhwa, Business Week. Published April 22, 2010
http://www.businessweek.com/smallbiz/content/apr2010/sb20100421_531161.htm
