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Memphis Entrepreneurship Institute

Name: Memphis Entrepreneurship Institute
Address: The University of Memphis
Fogelman Executive Center
330 Edcouch
Room 134
Memphis TN 38152
Telephone: (901)678-3568
Days Open: Monday-Friday Hours Open 8:00 A.M. to 4:30 P.M.
Director: Dr. Barry Gilmore, Interim Director
Contact: Ms. Barbara Marese
Purpose:
  1. To provide training for individuals to achieve their goal of owning their own business.
  2. To provide individuals training to grow an existing business profitable.
Eligibility: Entrepreneurial training (non-credit)
FasTrac I "Defining and Launching Your Venture" designed for people who have just started or are planning to open their own business.  Class meets 3hrs/week for eleven weeks.

FasTrac II "Growing Your Business" designed for people who have an established business, but want to further develop it.  Class meets 3hrs/week for thirteen weeks.

Academic classes (**for academic credit)
Entrepreneurship (Management 4820) - Class will examine personal and business issues critical to building a business. Students will develop a complete business plan for starting a business.

Electronic Commerce for Entrepreneurs (Marketing 4923/6923) - Students will learn how to utilize state-of-the-art advances in information technology to identify, analyze and exploit entrepreneurial opportunities.

Financing Entrepreneurial Ventures (Accounting 4929/6929) - Students will examine and learn to apply the financial techniques and tools needed by an entrepreneur to start and grow their business.

Entrepreneurial Marketing (Marketing 4924/6924) - The objective of this course is to provide the entrepreneur an understanding of entrepreneurial marketing and how marketing in a new or growing entrepreneurial firm differs from marketing in large firms. Students will develop an entrepreneurial firm marketing plan.

Distribution Decisions for Entrepreneurs: Franchising and Licensing (Proposed Spring 2000) - This course will explore the activities required to develop and manage franchises through an analysis of the relevant topics in operations management, business law, marketing, retailing, and real estate development.

Fee: FasTrac I "Defining and Launching Your Venture" $350/including all books*
FasTrac II "Growing Your Business" $750/including all books*

*Partial scholarships available - offered two or three times each year.

Academic Credit Classes - normal University of Memphis tuition and fees.

Services:
  • Serve as a resource and training center for entrepreneurs and developing businesses.
  • Increase undergraduate and graduate student awareness of, interest in, and knowledge about entrepreneurship.
  • Raise public interest in and awareness of the importance of entrepreneurship.
  • Actively work with the business community, other support groups, and local and state government to support entrepreneurship.
Additional Information: Additional programs to support and train entrepreneurs are under development.

Memphis Entrepreneurship Institute has received grants from the Coleman Foundation and the Kauffman Center for Entrepreneurial Leadership at the Ewing Marion Kauffman Foundation.


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