Description
During this such a detailed illustration related to baylor business entrepreneurship hankamer school of business.
3 Chair Letter 3 Building the Future 5 Thought-Provoking Curriculum 7 Gaining a Global Perspective
9 Practical Application: Baylor Venture Fellows and Angel Network 9 Baylor Institute for Family Business
11 Turning Dreams into Reality 12 Introducing Free Enterprise 13 Supporting Innovative Research
14 Blending Business and Technology 15 World-Class Staff 15 Fostering Internship Relationships
17 Entrepreneurship Living-Learning Center 19 Transforming Faculty and Student Collaborations
21 Community Collaborations 22 Supporting New Ventures 23 New Venture Competition
23 Networking with Entrepreneurs in Residence 24 Student Case Writing Competition 25 Rankings and Awards
26 Entrepreneurship Faculty and Staff Listing
www.baylor.edu/business/entrepreneurship
// In fall 2015, Baylor Entrepreneurship
will move into its new home in the $100
million, 275,000-square foot Paul
L. Foster Campus for Business and
Innovation, thanks to a $35 million
gift from Paul L. Foster, BBA ‘79,
of El Paso, Texas. The architectural
design features a highly corporate
and sustainable business environment,
including a centerpiece atrium that
will showcase some of the school’s
signature classrooms, and incubation
space to house and support new
student ventures. The design includes a
350-seat auditorium to accommodate
guest lectures and special events,
and a variety of classrooms that will
incorporate the latest technology for
collaborative learning, innovation and
problem solving. The new building is
expected to expand the School’s size by
nearly 40 percent.
“As a key department in the
Hankamer School of Business, Baylor
Entrepreneurship will bene?t greatly
from this most generous gift by Paul
L. Foster. It will provide us with the
infrastructure and environment to
continue to offer our students the very
best entrepreneurial learning experience.
In addition, the school’s explicit focus
on innovation will be codi?ed through
the name of the new campus, solidifying
Baylor’s commitment to supporting
entrepreneurial efforts throughout the
university,” states Kendall Artz, chair of
the entrepreneurship department.
Following in the footsteps of his
father who worked in the oil ?elds in
New Mexico, Foster is a successful
entrepreneur and executive in the oil
re?ning industry. He earned his BBA
in Accounting from Baylor in 1979,
// Today, the focus is on continuing to strengthen that leadership
position through continued investment in a wide variety of activities, such
as building new facilities to enhance the learning environment, expanding
research capabilities and providing resources to support new ventures.
The $100 million, 275,000-square-foot Paul L. Foster Campus for
Business and Innovation, scheduled to open in fall 2015, will provide
learning space for our Entrepreneurship faculty, staff and students.
With more than 40 percent more square footage, a student incubator,
cutting edge technology and an attached conference center,
the Baylor Entrepreneurship facilities will be second to none.
A multi-million dollar gift from two
benefactors enabled us to add to the Baylor
Entrepreneurship’s Baugh Center a major new
component centered on free enterprise. The
primary purpose of the Free Enterprise part
of the Center is to conduct research on the
implications of public policy decisions on the
entrepreneurial process. The funding supports
the hiring of a Free Enterprise director, two
new research faculty, administrative support,
research grants and operating expenses for
travel and symposiums.
The recently developed LAUNCH initiative
is a key element of Baylor’s research park, the
Baylor Research and Innovation Collaborative
(BRIC). LAUNCH will dramatically enhance our
ability to cultivate innovation. Although early
in the process, LAUNCH has already developed
the capability to offer startups access to the
knowledge, networks and ?nancial resources
necessary to achieve sustainable growth.
In addition to all the new initiatives
undertaken, we continually seek to improve
our core curriculum and activities. We also
have revised our curriculum to clarify learning
objectives and increase accessibility and
applicability to students from an increasing range
of disciplines. As a result, we continue to see
strong growth in all our degree programs.
Looking ahead, we continue to explore
new opportunities in areas such as expanding
graduate programs to include doctoral
education, broadening our network of global
partners, expanding the use of technologies
to provide more effective educational delivery
and recruiting an increasing number of high-
impact Entrepreneurship students. Baylor
Entrepreneurship is well positioned to continue
to be a leader for decades to come.
Baylor Entrepreneurship has been a leader
in entrepreneurship education and research
for nearly 40 years.
KENDALL ARTZ CHAIR, DEPARTMENT OF ENTREPRENEURSHIP
and embarked on a career with
several re?ning companies before
forming Western Re?ning Co.
as president and chief executive
of?cer in 1997. Today, Foster is
executive chairman of Western
Re?ning, an independent re?ning and
marketing company headquartered
in El Paso that also operates 200
convenience stores in Arizona,
Colorado, New Mexico and Texas.
building the
future
“Baylor Entrepreneurship
will bene?t greatly from
this most generous
gift by Paul L. Foster.”
Each day our students are encouraged to think deeper,
consider a greater range of perspectives and debate alternatives
intelligently while gaining confidence in the process.
// Baylor Entrepreneurship’s experiential curriculum combines rigorous instruction
with active involvement in new and emerging ventures. Students acquire practical, well-
rounded knowledge that prepares them for the diverse demands of today’s competitive
marketplace. Baylor Entrepreneurship offers more than 20 undergraduate and 10 graduate
entrepreneurship courses each year.
Students may pursue specialized concentrations in family business, technology, social,
corporate or global entrepreneurship through unique course offerings, interdisciplinary
collaborative entrepreneurship certi?cate programs and study abroad options. At Baylor,
students have the ?exibility to tailor curriculum to meet their personal learning goals.
Technology Entrepreneurship
Certi?cate (9 hours) for
entrepreneurially-minded
engineering students. The courses
leading to this certi?cate are
jointly taught by entrepreneurship
and engineering professors,
and provide engineers with
the business skills needed to
commercialize technologies
they develop.
Media Technology
Entrepreneurship Certi?cate
(9 hours) designed to provide
opportunities for Film and
Digital Media students to
gain entrepreneurial skills and
innovative techniques.
Film and Digital Media Business
Certi?cate (9 hours) designed
to provide opportunities for
Entrepreneurship majors to
combine their entrepreneurship
studies with the skills needed to
prepare themselves for leadership
in the digital media industry.
Entrepreneurship Minor
(18 hours) designed for students
who are not business majors.
This minor is intended to help
students learn and master the
business skills necessary to
start and successfully manage
a wide range of new ventures,
from private medical practices
to fashion boutiques and media
production operations.
Entrepreneurship Living and Learning (3 hours)
is the cohort class required of students who
live on campus as part of the Entrepreneurship
Living-Learning Center. The course provides a
hands-on experience as students conceptualize,
model, start and run an on-campus business.
Students in teams learn how to turn a great idea
into a great company, while learning how to build
and manage a startup.
Social Entrepreneurship (3 hours) challenges
students to provide entrepreneurial solutions to
help alleviate poverty in developing countries
around the globe. By partnering with real, startup
social ventures, students examine the role of
capitalism and economic growth.
Accelerated Ventures (6 hours) is an innovative
course that enables students to create real
companies, raise real funds, launch products
and services, and generate sales during two
semesters. Entrepreneurship students experience
the startup process ?rsthand by taking a company
from its conceptualization phase to exit. Led by
faculty members Kendall Artz and Les Palich,
Baylor alumnus Gib Reynolds, and a board of
veteran serial entrepreneurs, students learn the
foundational principles required to start and
run successful businesses while simultaneously
applying these principles to their own ventures.
Managing the Family Business (3 hours)
explores the unique personal and interpersonal
issues, as well as the business issues, associated
with family-owned and managed ?rm. Topics
evaluated in the course include the competitive
strengths and weaknesses of a family ?rm; the
dynamics of family interactions; family business
culture; con?ict resolution; estate planning; and
planning for succession.
At Baylor, entrepreneurship is viewed as a
multidisciplinary area of study. A wide range of
programs and courses are speci?cally designed
for non-business students.
SOME OF OUR UNIQUE COURSE AND
CERTIFICATE OFFERINGS INCLUDE:
RELATED ENTREPRENEURSHIP DEGREES INCLUDE:
www.baylor.edu/business/entcurriculum
Social Entrepreneurship in Africa
(6 hours) During this two-week
summer program, students
spend 15 days in Rwanda with a
focus on business as a mission.
Students and sponsors experience
?rsthand the effects of social
entrepreneurship. They use
entrepreneurial skills to formulate
innovative responses to economic
and social problems in Africa.
They will explore why and how
micro?nance operations have
grown to provide ?nancial services
to low-income people sustainably.
Technology Entrepreneurship
in Asia – i5 Program (6 hours)
The Immersion Into International
Interdisciplinary Innovation (i5)
is a 35-day summer program
that immerses teams of students
drawn from technical and business
backgrounds in the innovation
process of actual ventures.
Students lead or work on a team
technology project for a partnering
inventor or corporation. Students
help sponsors validate and
communicate their technology-
based ventures. The program
provides opportunities to explore
China for day and/or weekend
culture trips.
Baylor Entrepreneurship in
the Caribbean (6 hours)
During this two-week summer
program, students spend 14
days in a host country in the
Caribbean. Students will tour
cities and towns in the host
country to visit museums,
historic monuments, factories,
manufacturing operations,
beaches, social institutions and
much more. Some recently visited
countries include Cuba, the
Dominican Republic and Costa
Rica. Class time is spent learning
from experts who cover local and
global problems, including details
of recent trade agreements
the role of environmental
entrepreneurship and other
important economic, political
and cultural issues.
Baylor Entrepreneurship in
Europe (6 hours) This ?ve-week
summer program combines
business majors with students
from all ?elds of study in a
multidisciplinary, multinational
program that equips students
with valuable skills to work in
a fast paced, globally-focused
environment. Participants
hear from practicing business
owners and executives, visit
dynamic companies, and are
briefed at leading international
organizations, like the United
Nations. Students explore the
culture of 10 cities and seven
countries during the trip.
Entrepreneurship touches the lives of people on every continent
and in every nation; therefore, Baylor Entrepreneurship places
a special emphasis on INTERNATIONAL OPPORTUNITIES
FOR STUDENTS to gain a more global understanding of
entrepreneurship.
// In 1991, Baylor Entrepreneurship began developing its own for-credit international
programs. It offers four unforgettable experiences for students each year. While all of the
international programs have a common goal of helping students understand the unique
cultures, markets and entrepreneurial environments in each particular region, they each
have a signi?cantly different structure and emphasis to meet the diverse needs and
interests of Entrepreneurship students.
Each of the four entrepreneurship study abroad programs offer six hours of credit
required for the Entrepreneurship major and minor. These credit hours can be used as
upper level electives in other majors across campus.
www.baylor.edu/business/intl_entrep
BAYLOR VENTURE FELLOWS
// Baylor Venture Fellows is a unique,
two-semester internship program that provides
graduate Entrepreneurship students hands-on
experience working at a venture capital ?rm,
while giving them a ?rsthand glimpse into the
inner workings of a successful venture fund.
Venture Fellows develop a keen understanding of
the critical success factors of a startup company.
BAYLOR ANGEL NETWORK
// Since fall 2008, the Baylor Angel
Network (BAN) has been a function of Baylor
Entrepreneurship that facilitates the engagement
between angel investors and early stage
companies, while providing real-life educational
opportunities for student analysts and fellows.
BAN members, a group of alumni and friends
of Baylor and the Hankamer School of Business,
recognize the bene?ts of supporting the
entrepreneurship community. BAN members
provide capital and expertise to companies,
student mentoring, investor camaraderie and
endowment funding.
BAN has grown to include more than 40
angels. These angels pay an annual fee to gain
access to quality investment opportunities.
Baylor Entrepreneurship receives an investor-
designated portion of the pro?ts from the
angel investments. The angels also serve as an
important resource to Baylor Entrepreneurship—
guest lecturing in entrepreneurship courses,
mentoring current students and serving
as judges in Hankamer School of Business
competitions. BAN also includes fellows, who
pay an annual fee to participate in network
activities and educational opportunity. Fellows
cannot invest and are not solicited for any
investment or security.
BAN offers undergraduate Entrepreneurship
students a two-semester internship program
with extensive involvement in the operation
and management of the network.
// The Institute for Family Business (IFB)
at Baylor University promotes the tenets of
?rm, family and faith on a global scale through
rigorous scholarly research, transformational
student learning and engaged Christian
fellowship between family-owned businesses
and Baylor University. The IFB was established
in 1987 to promote the continuity and legacy of
Texas family businesses. Today, the Institute has
expanded its reach and sharpened its message.
Like other leading family business institutes,
the IFB promotes research, teaching and
outreach encompassing the triumphs and trials
of blending ?rm with family. Unique to IFB is
the inclusion of faith. When family businesses
struggle with succession, the reality of mortality
resurrects the most basic desires for meaning.
Matters of faith become especially signi?cant.
IFB believes that, like a three-stranded cord,
?rm, family and faith are inseparable. It explores
how faith teaches family and ?rm, and how the
three should interact. IFB encourages family
businesses to ‘put faith back on the table.’
Each week the students work at the
Austin, Texas-based venture capital ?rm,
G-51 Capital Management. Immersed in many
of G-51’s activities, the students evaluate
business plans for potential investment,
conduct market research and provide
constructive feedback to entrepreneurs.
Half of the students’ time is spent at G-51
headquarters, and the other half is spent
working on projects while on the Baylor
campus. In addition to the G-51 work, the
Fellows are also involved in presentation
meetings for the Baylor Angel Network.
While earning six hours of course credit
for their work at G-51, students are able
to meet with local angel investors and
successful entrepreneurs, including Pat
Horner, the ?rst President of Perot Systems
and founding inspiration for the program.
Student interns, called analysts,
are responsible for most aspects
of BAN including analyzing
potential deals, presenting
analyses to the BAN screening
committee members, organizing
and conducting presentation
meetings, and recruiting and
training new interns.
TEXAS FAMILY BUSINESS
OF THE YEAR AWARDS
CELEBRATE 25TH ANNIVERSARY
// Since 1989, the Baylor Institute for Family
Business has honored outstanding family businesses
within the state of Texas. The Texas Family
Business of the Year Awards Program recognizes
multigenerational, family-owned firms who
demonstrate a commitment to each other, employees,
the community and business continuity. This annual
event draws hundreds to the Baylor campus to
celebrate Texas family businesses. This year marks
the 25th anniversary of the awards program.
www.baylor.edu/business/familybusiness
www.baylor.edu/mba/g51
www.baylor.edu/business/txfamily
www.baylor.edu/business/angelnetwork
BAYLOR INSTITUTE FOR FAMILY BUSINESS
Providing INNOVATIVE AND CONSISTENT SUPPORT to the local,
regional and national business community, the John F. Baugh Center
for Entrepreneurship & Free Enterprise has been recognized as a leading
pioneer in the ?eld of entrepreneurship since its inception in 1981.
The Free Enterprise area
of the John F. Baugh
Center is FOCUSED ON
THE INTERSECTION of
entrepreneurship, markets
and public policy.
// Increasing understanding in this area
is important for a prosperous, just and
sustainable society. The program accomplishes
this through activities in research, education
and public discourse.
The Free Enterprise area of the Baugh
Center produces cutting edge academic
research for publication in leading journals.
This research targets both theoretical and
practical studies that contribute to the
understanding of the market process and
entrepreneurship, its drivers and implications,
and the interdependence between policy
and economic action. The program’s
research has been published in
well-regarded journals such as
the Academy of Management
Journal, Strategic Management
Journal, Journal of Management Studies and
Managerial and Decision Economics.
This research contributes to the formal
education of Baylor’s student body by assisting
faculty members in ?nding and producing
relevant material and class presentations.
Activities inform students, encourage
discovery and spur interest in issues related
to maintaining society. These activities
include a reading group and an annual essay
competition—the winners of which are invited
to visit with scholars and students from other
universities at a national conference.
The Free Enterprise area in the Baugh Center
facilitates critical exchange between the faculty,
student body, the local and regional population,
and the business community. To increase
understanding of practical and theoretical
entrepreneurship, the area organizes panels of
business community members, invites speakers
and conducts special events. Recent speakers
include John Tomasi of Brown University and Os
Guiness, author of 30 books on culture and faith.
As the Free Enterprise area in the Baugh
Center grows, the team hopes to further
engage the business community in market-
relevant research and assist students interested
in pursuing careers or graduate work.
// Perennially ranked
among the top ten
entrepreneurship centers
in the nation (out of more
than 2,000 programs)
and recipient of the
2010 NASDAQ Center of
Excellence Award, the Baugh
Center is dedicated to
facilitating new businesses
and furthering the goals of
established businesses.
Over the past 30
years, both aspiring and
practicing entrepreneurs
have benefited from the
Center’s offerings through
direct mentoring from
Center personnel and
student development
of business plans and
strategies supervised by
Center professionals.
The Center offers the
Innovation Evaluation
Program, which is designed
to give a new product or
idea an objective evaluation
to help determine the
likelihood for commercial
success. Any individual,
regardless of location, may
submit a business concept
for an in-depth marketability
analysis conducted by Baylor
Entrepreneurship faculty.
Established in 1981, this was
the ?rst non-government
funded innovation evaluation
program in the United
States. More than 4,000
evaluations have been
accomplished since the
program’s inception.
The Center director
and associate director
co-sponsor the nationally
af?liated Baylor Collegiate
Entrepreneurs’ Organization
(BU-CEO) on the Baylor
campus. The organization
is student-led and provides
the opportunity for any
student on campus with an
entrepreneurship interest
to network with fellow
students locally, as well as
with those across the nation,
by attending the national
CEO conference each fall.
Additionally, professional
entrepreneurs are brought
on campus to speak and to
mentor students.
www.baylor.edu/business/entrepreneur
www.baylor.edu/business/freeenterprise
introducing free
enterprise
// The Baylor Research and Innovation Collaborative (BRIC), the ?rst project within the
university’s exciting new research park, is a collaboration of Baylor University, Texas State
Technical College, Waco-McLennan County Economic Development Corporation, and a number
of other regional education and government partners. The more than $50 million invested
by these partners so far has brought BRIC to 60 percent completion. Currently, BRIC houses
multiple PhD programs, the ?rst of several industrial research collaborators and the LAUNCH
business accelerator.
// Serving customers requires deep knowledge
of both customer needs and a company’s
operational capabilities. Baylor’s Technology
Entrepreneurship Initiative (TEI) teaches students
while helping companies achieve their objectives.
Led by a cross-functional faculty team and a
board of advisors. TEI cultivates cross-campus
collaborations and global partnerships.
TEI is a strategic collaboration between the
Hankamer School of Business, the School of
Engineering and Computer Science, and the
Baylor Law School that is having a profound
impact on students as they prepare to lead as
skilled professionals in a world that is constantly
changing and driven by technology.
Technology Entrepreneurship courses are
team-taught by business, engineering and law
faculty at both the graduate and undergraduate
level. Additionally, a certi?cate in technology
entrepreneurship for engineering students is
offered, along with Film and Digital Media and
Media Technology Entrepreneurship.
A valuable component of TEI is the i5
(Immersion Into International Interdisciplinary
Innovation) study abroad program, which
is designed to provide an environment for
students to develop science and technology
insight, business savvy, and global cultural and
leadership competence. Baylor students travel
to China to partner with students from various
Asian universities on commercialization projects
from companies headquartered in China, the
U.S., and Europe.
MEHRON AZARMEHR
Founder, Azarmehr
Law Group
SHARON C. BALLARD
President & CEO,
EnableVentures, Inc.
NICHOLAS J. BEGICH III
Founder & President,
FarShore Partners
JOHN D. CARREKER III
President & CEO,
ALI Solutions, Inc.
DAVID DAUGHERTY
CEO, Korcett Holdings, Inc.
CATHI DAVIS
Vice President,
Sales & Marketing,
WRS Group, Ltd.
ANDREA L. DIXON
Executive Director,
Center for Professional
Selling & Keller Center
for Research,
Baylor University
CHRISTIAN FORGEY
President & CEO,
OEM Group
BILL GRIMES
President,
OsteoRegen, LLC
BRUCE HALL
President,
Eureka! Ranch
JANE HERNDON
Business Advisor
-Technology, Small Business
Development Center – MCC
DAVID G. HENRY, SR.
Registered Patent Attorney,
IP Section Chair of Gray,
Reed & McGraw
TIM HOERR
CEO, Serra Ventures
CEO, Cbana Laboratories
HYUN KIM
Solution Leader,
HP Enterprise Services
CASEY LEAMAN
Principal,
Escalade, LLC
CHAD LEWIS
Managing Partner,
Launchpad Asia
KEVIN LUDLUM
Defensive Coordinator/ COO,
Korcett Holdings, Inc.
MIKE MARKWARDT
Partner, Legare Furniture
R. BRUCE MAZZARE
President & CEO,
United Staff Resources
Inc., dba Management
Development Systems
CHRIS MCGOWAN
Director of Urban
Development, Greater Waco
Chamber of Commerce
GARY C. MCKINNEY
Senior Vice President,
Chief Human Resources
Of?cer, Valerus
PAT MURPHY
Director of Development,
Antioch Community Church
IVO NELSON
Founder & Chairman,
Encore Health Resources
CEO, Encore Connect
STEVE REYNOLDS
Independent Consultant
CHRIS SADLER
President & CEO,
Pruf LED
JOHN F. (JEFF) TANNER, JR.
Professor of Marketing,
Baylor University
KIMBERLY THOMAS
CEO, Global Advisors
Network & Global Advisors
Development Group
JOANNE SMITH WILLIAMS
Founder, Williams
Law LLC
CADE WILLIS
President & CEO,
Willis Oil Company
TEI BOARD OF ADVISORS
LAUNCH@BRIC
BRIC’s distinctive
feature is the merging of
the needed components for
a smooth progression from
research to fully operating
ventures. LAUNCH, a critical
component of BRIC, enables
the commercialization process.
In addition, LAUNCH serves
BRIC’s investing stakeholders by
making the commercialization
tools and processes needed
inside BRIC readily accessible
to innovators outside the
BRIC to foster a regional
ecosystem of innovation-
driven economic growth.
LAUNCH executes its
mission (to enable accelerated
commercialization of things
that matter) to ful?ll its vision
(a global community that
delivers innovation
that inspires) by
focusing on four
strategic programs:
www.baylor.edu/tei
www.baylor.edu/bric
supporting innovative
BOOST // Coaching and training for innovators. Our
Accelerated Commercialization Program (ACP) is a hands-on,
experiential learning boot camp delivered by a team with
more than 125 years combined experience to enable client
acceleration to market entry.
ENGAGE // Programs to connect innovators and the
resources they need, when they need them. LAUNCH
hosts networking opportunities focused on forming vital
collaborations easily within the innovation community.
ENTRY // Programs that build bridges from the region to
the world’s markets. LAUNCH coaching and training programs
tie it to the networks and expertise needed to navigate the
transition from regional to international player.
ORBIT // Programs develop and deliver best-in-class
support and coaching to ventures that reside at the LAUNCH
incubator. LAUNCH partners with BRIC collaborators to assist
?rms in their path from bench research to prospering new
businesses with workforce and leadership teams in place for
excellence in execution.
research
blending business and
technology
// Kevin Castello, Baylor MBA and Venture
Fellow, serves as the director for the Baylor Angel
Network (BAN). In his role, Kevin oversees the
operations of the network, utilizing students as
an integral part of the process while matching
entrepreneurs and potential investors.
Kevin is active in the angel community including
representing Baylor at the Angel Capital Association,
Alliance of Texas Angel Networks (where he recently
completed his role as the inaugural chair of the
executive director committee), Research Triangle
RCIC Board of Advisors for the Texas Emerging
Technology Fund, and the NCET2 Committee
on Angel and University Collaboration. Kevin
leverages his day-to-day experiences in teaching
the MBA Venture Fellows program, private
investing in the Executive MBA program, term
sheets in the entrepreneur ?nance class and deal
?ow analysis in the BAN analyst program. Kevin
serves a mentor to the Accelerated Venture and
New Venture Competition programs.
Ramirez’s experience as an
assistant registrar for the local
community college prepared
her for her duties with the
scholarship programs of Baylor
Entrepreneurship. Linda’s
skills at identifying grant
opportunities, writing grants
and securing grant funding are
an asset in her work with the
entrepreneurship department.
www.baylor.edu/business/entrepreneurship
KEVIN CASTELLO & LINDA RAMIREZ
// Gretchen Mikulich smiles as she talks about her
entrepreneurship internship experience with Campus
Realtors’ chief executive of?cer Dagen Kanaley and
Rydell Holdings general counsel Dillon Meek.
Mikulich is one of many Baylor Entrepreneurship
students who has earned three hours of course credit
in his or her major by working as interns. The Baylor
Entrepreneurship internship program is mutually
bene?cial to both entrepreneurship students and
companies with business needs. Working as an
intern enables students to put classroom knowledge
into action in real-world business environments,
Linda Ramirez, program manager
of the John F. Baugh Center for
Entrepreneurship & Free Enterprise,
completed her BBA at Baylor as a
single mother of three daughters.
Before she was 30, she started her ?rst
business, a multimanagement company
providing services to the commercial
construction industry in Texas.
Her experience as a small business
owner led her to the Small Business
Development Center Program (SBDC)
where she worked as a counselor before
becoming a SBDC program director. She
brings more than 15 years of experience
working with businesses in startup,
government contracting and technology
commercialization to her current position.
while expanding their skill sets and professional
relationships. Similarly, hosting interns benefits
companies by giving them access to high quality
students who serve temporarily. Interns can offer fresh
perspectives, professional attitudes and a desire to add
value. Many companies host interns as an opportunity
to identify top-notch individuals who would be a good
?t with the existing team in a full-time capacity.
Most internships are paid positions and are not limited to summer
positions. Many interns are able to work throughout a semester,
either virtually or in person. Using their broad network, Baylor
Entrepreneurship faculty and staff introduce potential employers to the
internship program. The internship group then works with the potential
host to establish guidelines, including hours, types of responsibilities,
reporting requirements, length of employment and other criteria, as
required. Then, the positions are posted, so students may apply.
The goal of the program is to give interns the opportunity to gain
experience on real projects, while working in startups and existing
businesses. Of her internship experience, Mikulich says, “In spite of the
fact that I now must get up much earlier to add the 15-hours-a-week
job to my regular class load, I am excited to be earning credit while
I am learning about market analysis, maintenance costs and requests
for proposals.”
// In 2008, the
Entrepreneurship Living–
Learning Center (ENT-LLC)
was established as a state-
of-the-art residential facility
to provide an apartment-
style living environment for
entrepreneurially-minded
students from all majors and
age groups. Students may
enter this facility as freshmen
and continue to call it home
until graduation.
The ENT-LLC is made
up of less than 50 percent
business students, while other
majors represented include
math, industrial design,
chemistry, music, sociology,
social work and fashion
design, among others.
The students take a junior
level, 3-credit cohort class,
Entrepreneurship: Living &
Learning, which focuses on
idea generation, personal and
professional success, managing
change, business modeling, and
implementation. As part of the
course, students spend their
?rst semester working in teams
to conceptualize, evaluate and
start businesses. Given access
to seed funding, the students
are encouraged to produce
a minimum viable product
by mid-semester, learn from
their customers and present a
summary of their experience to
a panel of judges.
ENT-LLC students have
the opportunity to participate
in Baylor Angel Network
entrepreneur presentations.
These students spend the
?rst half of a day listening to
entrepreneurs make pitches
to potential angel investors,
have lunch with the angels
and entrepreneurs, and
end the day listening to the
angels discuss the merits of
the various entrepreneurial
ventures. Then, the students
make their own investment
decisions, and later, they have
the opportunity to learn how
their theoretical investment
decisions match against those
of the angel investors.
The Baylor Collegiate
Entrepreneurs’ Organization
(BU-CEO) is closely associated
with the ENT-LLC, with
many officers holding dual
positions in BU-CEO and the
ENT-LLC Leadership Team.
BU-CEO is a student-led
organization that is advised
by the ENT-LLC director
and the director of the
John F. Baugh Center for
Entrepreneurship &
Free Enterprise.
Under the guidance of
the ENT-LLC leadership
team, students participate in
social and service activities,
designed to encourage a sense
of community while learning
networking skills. Students
volunteer as “The Green Team”
to spend the day recycling
// Developed and taught
by Keller, co-founder and
chairman of the board for Keller
Williams Realty International,
the Quantum Leap program
focuses on helping individuals
pursue personal achievement
through intentional development
of ethics-based goal planning
and discipline habits. The ENT-
LLC students participate in four
exclusive Quantum Leap training
sessions taught by Keller during
two semesters. The Quantum
Leap program examines four
main areas of productivity: life,
personal, business and ?nancial.
Believing and teaching that
the foundation of life of purpose
comes from a clear Missions,
Visions, Values, Beliefs and
Perspective (MVVBP), Keller
explains the six key disciplines
that help a person achieve a
purposeful life. He encourages
the students to master a skill or
talent, focus on key priorities,
break through self-imposed
ceilings, be willing to be
taught, be positive and be
responsible. Students come
away from the program with
the knowledge that they
must ?rst clearly understand
their purpose through
the MVVBP before
they can build a
life that re?ects
that purpose. In
the fall of 2013,
Keller’s latest best-
selling book, “The
One Thing,” was
incorporated into
the cohort class
for the ENT-
LLC. Keller
introduces the
basic tenets contained in the
book in a one-day session at the
beginning of the semester. The
students continue during the
semester to read and discuss
the book as they seek “The
Surprisingly Simple Truth Behind
Extraordinary Results.”
Gary Keller provides a wealth
of entrepreneurial expertise for
students. As co-founder and
chairman of the board for Keller
Williams Realty International,
Keller helps provide strategic
direction for the company, while
serving as a visionary leader
within the North American real
estate industry. Keller and his
writing team have written four
nationally best-selling books:
“The Millionaire Real Estate
Agent,” “The Millionaire Real
Estate Investor,” “SHIFT: How Top
Real Estate Agents Tackle Tough
Times” and “The One Thing:
The Surprisingly Simple Truth
Behind Extraordinary Results.”
Among various accolades, he has
been named Ernst & Young
Entrepreneur of the Year
for Central Texas, was a
?nalist for Inc. Magazine’s
Entrepreneur of the
Year and received
the prestigious
Baylor Business
Leadership Medal
of Service in 2011.
boxes during Move-In
Day, hone social skills
at formal dining events,
spend time at the marina
or on the basketball court,
and are often surprised by
impromptu activities.
Staffed by a full-time
director, the ENT-LLC
offers mentoring between
upperclassmen and
freshmen, accessibility
of faculty, discussion
groups, and opportunities
to work with practicing
entrepreneurs and
investors. Also, it
facilitates idea generation
and provides support in
the actual launch of a
new business. By bringing
together a diverse group
of high-performing,
committed students,
the ENT-LLC creates a
high-energy social and
academic environment
that nurtures the
entrepreneurial
spirit in students
interested in pursuing
an entrepreneurial life.
www.baylor.edu/business/entllc
A select group of ENT-LLC students earn
the opportunity to participate in QUANTUM
LEAP, an exclusive training session led by
Baylor alumnus, GARY KELLER.
www.the1thing.com
Taking a MULTIDISCIPLINARY APPROACH, Baylor
Entrepreneurship strives to increase engagement
with students outside of the business school.
Baylor Entrepreneurship has a nearly 40-year
tradition of excellence in PROVIDING
EDUCATIONAL OPPORTUNITIES that require
Entrepreneurship students to connect
classroom learning to practical activities
requiring meaningful reflection and action.
// Students can participate in an incredible
range of activities including international
entrepreneurship programs, mentoring programs,
new venture startup programs and an increasing
number of service and extracurricular activities.
One of the most impactful activities offered
is the opportunity to engage with faculty in
all phases of the discovery process, including
faculty research efforts. These faculty-student
research collaborations have proven bene?cial
to both parties. For students, the opportunity to
work side-by-side with professors to investigate
entrepreneurial phenomena adds tremendous value
to their entrepreneurial education. For professors,
it offers an opportunity to expand their mentoring
roles and increase their research capacity.
Steve Bradley, associate professor in
Entrepreneurship, regularly collaborates with
students. Generally, student collaborations
with Bradley center on providing insights into
entrepreneurial solutions to generate economic
growth and reduce poverty in developing countries.
Student involvement in research efforts
extends beyond simple tasks. For example,
one Entrepreneurship student traveled to the
Dominican Republic to collect survey data on the
role entrepreneurial activity plays in in?uencing
the ability of microcredit loans to reduce poverty.
The research led to the creation of new models
of microloan usage and resulted in publication
in the Journal of International Development.
Another student researcher traveled to Uganda
to conduct survey work with a local social
enterprise to investigate the extent to which
client identi?cation with the social enterprise
affected outcomes for client well being.
Meaningful student involvement is
typical, and the student reaction to research
experiences is almost unanimously positive.
Tara Funk, an undergraduate Entrepreneurship
student, is working with Bradley to examine
how foreign aid and economic freedom interact
to affect child mortality
around the globe.
“Working directly with
Dr. Bradley on a unique
research project has been
an invaluable experience,”
Funk said. “I have learned
a great deal about the
research process as well as
the areas that the project
examines. The ability to
take what I have learned in the classroom and
apply it to real-world situations in an area relevant
to my future career is truly rewarding.”
Marlene Reed, faculty member and
Entrepreneur in Residence, collaborates often
with students in her research efforts. A proli?c
case writer, Reed sees many bene?ts from her
collaborations with Entrepreneurship students.
“There are multiple bene?ts to a student
performing primary research by interviewing
entrepreneurs for a teaching case,” Reed said.
“The ?rst is that the student learns the range of
practical challenges that face people who own
their own businesses. Secondly, in writing the
Instructor’s Manual to accompany the case, the
student must draw upon theory that has been
taught in class to serve as the foundation for
the learning experience that students will have
in discussing the case. In addition, students
have the opportunity to develop relationships
with successful entrepreneurs who may be able
to provide valuable mentoring in the future.”
While Baylor has long focused on
conducting compelling entrepreneurship
research, the focus on encouraging student
involvement with faculty research efforts has
grown signi?cantly in recent years. These
experiential activities challenge students to act
as more than passive recipients of information.
transforming faculty
and student collaborations
// These collaborations are instrumental in
fostering community economic development
and enhancing student education opportunities.
Active in two communities, the Accelerated
Ventures Program (AV) has strong ties to
incubators and accelerators in both Waco
and Addison, Texas.
Located in downtown Waco, thIncSpace
(the headquarters for the Baylor Accelerated
Ventures program and AV student businesses)
is part incubator, part community gathering
place and part professional support
network for creative startups and creative
entrepreneurs. The Greater Waco Chamber
of Commerce recognizes small enterprises
are the single largest job creation engine
in our economy. Through thIncSpace, the
Waco Chamber is committed to supporting
entrepreneurship development in Greater
Waco, with a focus on creative and scalable
ventures. The Waco Chamber believes the
pieces of the puzzle are already in place and
thIncSpace brings them together to create
opportunity and support for businesses and
entrepreneurs in the Greater Waco area
through their work with Baylor’s Accelerated
Ventures Program.
Located a little more than 10 miles from
downtown Dallas, the Town of Addison also
provides Accelerated Ventures companies
with free of?ce space and amenities for a year
after students graduate from the AV program.
Seeking to grow and expand their businesses,
AV companies located in the new space in
Addison will receive ongoing mentoring and
support from the Baylor Founders Club and
the Accelerated Ventures Advisory Board.
By providing these teams with more time
to incubate, Addison is providing additional
support that will go far in ensuring the
long-term success of student teams
moving beyond the Baylor classroom.
// In Accelerated Ventures,
students pursuing any major
can experience the startup
process ?rsthand by taking a
company from conceptualization,
to launch and growth, and
eventually to exit. Led by Baylor
alumni Gib Reynolds and David
Grubbs, faculty members Kendall
Artz and Les Palich, and a board
of veteran serial entrepreneurs,
students learn the foundational
principles required to start and run
successful enterprises in real life.
As a complement to conventional
pedagogical approaches, the program
provides students with an experiential
foundation, and the resulting “scrapes
and bruises” that go with it, to
deepen and complete the traditional
undergraduate education.
More than 50 students apply each
semester, but only 12 are selected to
participate in the launch phase of the
program. These participants are then
placed into four teams, each of which
receives $5,000 in seed capital to get
their businesses operating. The teams are
coached by a world-class advisory board
of highly accomplished entrepreneurs, who
have donated their time and more than
$100,000 in products and services.
The results of the program have been
positive with 24 companies started so
far. Perhaps just as important, student
satisfaction runs high, with assessments
that indicate strong support for this
innovative program.
Michael Heath, a Management major
and program participant from Round
Rock, Texas, summed it up perfectly,
“I believe Accelerated Ventures is the
beginning of a new way of learning. One
day, all classes will have an integrated
learning system where they actually put
students in the real world. Accelerated
Ventures is at the cutting edge of this
new way of teaching, and I am forever
grateful to have been a part of it.”
accelerated ventures
is an INNOVATIVE TWO-SEMESTER PROGRAM
that enables students to CREATE REAL
COMPANIES, RAISE REAL FUNDS, LAUNCH
REAL PRODUCTS AND SERVICES, AND
GENERATE SALES within a learning environment
that promotes ENTREPRENEURIAL
EXPERIMENTATION.
www.acceleratedventuresprogram.com
collaborations
Baylor Entrepreneurship has a long history of WORKING
SIDE-BY-SIDE WITH LOCAL GOVERNMENTS, BUSINESSES
AND COMMUNITY LEADERS.
community
supp rting
new
ventures
netw rking with
Baylor Entrepreneurship continues to foster
entrepreneurial education and support new
venture creation while PREPARING STUDENT
ENTREPRENEURS FOR SUCCESS through the
Baylor New Venture Competition. // Starting
as a Baylor competition in spring 2012, the
New Venture
Competition
now operates
on a national
scale, attracting
top student
entrepreneurial
talent from across
the nation.
The New
Venture
competition is
held annually,
beginning with
submissions of executive summaries each fall
through the ?nal judging each spring. Each year,
promising new graduate and undergraduate student
teams create fully developed business plans and
experience multiple rounds of judging and valuable
feedback on their way to the grand prize of $25,000.
Twelve teams advance as ?nalists and have the
opportunity to pitch their company idea to a panel of
judges comprised of investors from the Baylor Angel
Network, serial entrepreneurs, venture capitalists and
other business professionals.
The winner of the 2014 competition was REEcycle
from the University of Houston. Providing a ?rst-
class competitive landscape, the other 11 ?nalist
teams represented Harvard University, Massachusetts
Institute of Technology, Yale University, University of
Virginia, Case Western Reserve University, University of
Arkansas, Wake Forest University, University of Utah,
University of Texas at Dallas and Baylor University.
The competition is proud to align itself with
the Baylor Angel Network and the Innovative
Business Accelerator’s LAUNCH initiative at the
Baylor Research and Innovation Collaborative
(BRIC) to expand its overall impact and foster the
best possible educational and experiential learning
environment for student entrepreneurs.
ENTREPRENEURSHIP COMES ALIVE with
Baylor’s Student Case Writing Competition
held at the annual United States Association for
Small Business and Entrepreneurship (USASBE)
conference. // The competition is sponsored
by Baylor Entrepreneurship in partnership with
USASBE, the largest independent, professional,
academic organization in the world dedicated to
advancing the discipline of entrepreneurship.
Undergraduate and graduate students, either
individually or as a team, are invited to submit an
original case, which is evaluated based on the extent
to which it advances the ?eld of entrepreneurship,
broadly de?ned, and contributes to an understanding
of entrepreneurial phenomena. Also required is an
instructor’s manual, which anchors the case in the
theory of entrepreneurship and provides guidance
to instructors who may wish to teach the case in a
classroom setting.
After the cases and instructor’s manuals are
reviewed by members of the North American Case
Research Association (NACRA), the authors whose
cases are deemed worthy to be presented are
noti?ed of their acceptance. The accepted cases are
presented at the USASBE Conference and judged by
seasoned case writers. Winners receive cash prizes.
BILL TOWNSEND - Co-founder
of Lycos and GeoCities. As a
motivational speaker and serial
entrepreneur, Townsend has
authored “Yes You Can!” and co-
authored “Roadmap to Success” with
Deepak Chopra and Ken Blanchard.
KASPER BOON - Professor
emeritus and former dean of the
University of Maastricht, author of
management, entrepreneurship and
computer science textbooks, serial
international entrepreneur, and the
innovation coordinator for CRH
plc., headquartered in Ireland, with
operations in 35 countries. Boon
lives in Eindhoven, Netherlands.
GARY KELLER - Co-founder and
chairman of the board for Keller
Williams Realty International and
author of four nationally best-selling
books. Keller co-founded Keller
Williams with Jo Williams in 1983.
The company began to expand
internationally, and is currently
the largest residential real estate
company in the world. For more
information on Gary Keller, see article
on the Entrepreneurship Living-
Learning Center.
TOM GRAUNKE – Chief executive
of?cer of StormWind Studios and
twice named the Ernst & Young
Entrepreneur of the Year. At the age
of 22, Graunke founded Mastering
Computers, a groundbreaking
computer learning enterprise,
partnering with a little known
software company called Microsoft.
Graunke continued a career of
creating successful internet-based
companies, and in 2009, founded
StormWind Studios.
The Entrepreneur in Residence (EIR) program at
Baylor University INTRODUCES OUTSTANDING
ENTREPRENEURIAL LEADERS to the students, faculty
and staff of the Hankamer School of Business.
SOME PAST VISITING ENTREPRENEURS INCLUDE:
entrepreneurs in residence
DR. MARLENE REED
www.baylor.edu/business/newventurecompetition
baylor/USASBE
student case writing
competition
www.baylor.edu/business/entcwc
// One of the oldest EIR programs
in continuous existence, the Baylor EIR
began in 1979 through an endowment
from the Dr. Joseph F. Schoen Visiting Professorship in Private Enterprise
and Entrepreneurship. Currently, the program employs a full-time on-
campus EIR, Dr. Marlene Reed, who teaches three entrepreneurship
classes, works one-on-one with students and mentors students through
experiential engagement in Baylor Entrepreneurship, including the
Technology Entrepreneurship in China study abroad program.
Another key part of the Baylor
EIR program is the inclusion
of visiting EIRs who serve two
or three days as speakers,
competition judges, one-on-
one advisors and mentors.
The entrepreneurs who are
part of this program have
experienced the demanding
process of starting, running
and exiting a business. They
are willing to work with young
entrepreneurs to encourage,
advise, and to help them avoid
mistakes and excel.
European CEO magazine’s
2011 Global Business
Education Awards named
Baylor University’s Hankamer
School of Business THE MOST
INNOVATIVE BUSINESS
SCHOOL FOR THE SOUTHERN
UNITED STATES REGION.
In naming Baylor, the
magazine cited the school’s
entrepreneurship, global
perspective, student connections
to the business community,
family-focused values, high-tech
collaborations, community service
and well-rounded relevancy.
Baylor Entrepreneurship’s
Accelerated Ventures Program
was honored by the Southwestern
Business Deans’ Association with
THE 2013 BOBBY G. BIZZELL
INNOVATIVE ACHIEVEMENT
AWARD. The award recognizes
innovation and continuous
improvement in business
education.
Inc. Magazine named Baylor
as home to one of “THE BEST
ENTREPRENEURSHIP COURSES
IN AMERICA” IN 2014. The
honor refers to Professor Blaine
McCormick’s introductory
business class where the focus
is on business, the economy and
world affairs. McCormick’s course
puts a new spin on the 250-year-
old teachings of Benjamin Franklin.
Ray Bagby, professor of
Entrepreneurship and executive
editor of Entrepreneurship
Theory and Practice, was
honored as the recipient of
the ENTREPRENEURSHIP
DIVISION OF ACADEMY OF
MANAGEMENT’S DEDICATION
TO ENTREPRENEURSHIP AWARD
at their 2013 conference.
Bagby received the MAX
S. WORTMAN, JR. LIFETIME
ACHIEVEMENT AWARD IN
ENTREPRENEURSHIP from
the United States Association
of Small Business and
Entrepreneurship in 2010.
Baylor’s John F. Baugh Center
for Entrepreneurship received
the prestigious NASDAQ
CENTER OF ENTREPRENEURIAL
EXCELLENCE AWARD at
the 2010 Global Consortium
of Entrepreneurship Centers
conference.
W. W. Caruth Chair of
Entrepreneurship Bill Petty
was named NATIONAL
ENTREPRENEURSHIP TEACHER
OF THE YEAR by the Acton
Foundation for Entrepreneurial
Excellence in 2008.
SELLING SMALL BUSINESS TEXTBOOK FOR EACH OF
THE PAST 50 YEARS, PUBLISHED BY BAYLOR FACULTY
Small Business Management: Launching and Growing
Entrepreneurial Ventures, 16th ed. (Justin Longenecker,
Bill Petty, Les Palich, Frank Hoy)
entrepreneurship faculty and staff
MARY ABRAHAMS – (MBA – Baylor)
Associate Director – John F. Baugh Center for Entrepreneurship
Program Director – Entrepreneurship Living-Learning Center
(student startups, business modeling, outreach activities)
J. DAVID ALLEN – (MBA – Baylor)
Director – John F. Baugh Center for Entrepreneurship
(entrepreneurial startups, venture capital, business planning
processes)
KENDALL ARTZ – (PhD – Purdue)
Chairman – Department of Entrepreneurship
Curtis Hankamer Chair of Entrepreneurship
(entrepreneurial ?nance, development entrepreneurship)
RAY BAGBY – (PhD – South Carolina)
Robert M. and Louise Rogers Professor of Entrepreneurship
Executive Editor – Entrepreneurship Theory and Practice
(new venture initiation, family business, business planning
processes)
STEVE BRADLEY – (PhD – Indiana)
Associate Professor of Entrepreneurship
Director of Free Enterprise – John F. Baugh Center for
Entrepreneurship and Free Enterprise
(Strategic entrepreneurship, social entrepreneurship,
entrepreneurship policy)
PER BYLAND – (PhD – University of Missouri Columbia)
Research Professor
KEVIN CASTELLO – (MBA – Baylor)
Executive Director – Baylor Angel Network
COLENE COLDWELL – (MBA – Baylor)
Senior Lecturer – Department of Finance
(entrepreneurial ?nance, development entrepreneurship)
ROXIE COLLIER
Administrative Associate – John F. Baugh Center for
Entrepreneurship
(Student Advisory Board, Collegiate Entrepreneur’s Organization)
MICHELLE DOWNS
Of?ce Manager – Department of Entrepreneurship
AMY EASLEY – (MA – Baylor)
Managing Editor – Entrepreneurship Theory and Practice
(entrepreneurship research and publication)
AMY FIELDS – (BBA – Baylor)
Project Manager – Free Enterprise – John F. Baugh Center for
Entrepreneurship and Free Enterprise
GREG LEMAN – (PhD – Illinois)
Clinical Professor of Entrepreneurship
Director – LAUNCH Innovative Business Accelerator @BRIC
(technology entrepreneurship, business incubation)
JAN MARIDAL – (PhD – Florida State)
Research Professor
WES NEMEC – (BBA – Baylor)
Program Manager – John F. Baugh Center for Entrepreneurship
(study abroad, New Venture Competition)
MITCHELL NEUBERT – (PhD – Iowa)
Professor of Management
Chavanne Chair of Christian Ethics in Business
(ethics, entrepreneurial leadership)
BRADLEY NORRIS – (MS – Purdue)
Senior Lecturer
Director – Technology Entrepreneurship Initiatives
(technology entrepreneurship)
LES PALICH – (PhD – Arizona State)
Ben H. Williams Professor of Entrepreneurship
(international entrepreneurship, strategic entrepreneurship)
BILL PETTY – (PhD – Texas)
Professor of Finance
W.W. Caruth Chair of Entrepreneurship
(entrepreneurial ?nance, venture capital, entrepreneurial processes)
LINDA RAMIREZ – (BBA – Baylor)
Program Manager – John F. Baugh Center for Entrepreneurship
(Texas Family Business of the Year, scholarships, grants,
e-newsletter, awards)
MARLENE REED – (DBA – Louisiana Tech)
Entrepreneur in Residence
(small business strategy, venture initiation, international
entrepreneurship)
GIB REYNOLDS, JR. – (MBA – Acton School of Business)
Lecturer of Entrepreneurship
(Entrepreneurship, business planning processes)
LARRY SNYDER – (MBA – University of Texas)
Clinical Professor of Entrepreneurship, Corporate Relations
Baylor College of Engineering and Computer Science
(entrepreneurship, innovation, engineering)
MONICA VARDEMAN
Administrative and Marketing Associate – LAUNCH Innovative
Business Accelerator @BRIC
MATT WOOD – (PhD – Southern Illinois)
Assistant Professor of Entrepreneurship
(entrepreneurial ?nance, entrepreneurial cognition)
BILL WORTHINGTON, IV – (PhD – Texas A&M)
Clinical Professor of Entrepreneurship
Director – Institute for Family Business
(technology entrepreneurship, international entrepreneurship,
family business)
HANKAMER S CHOOL OF BUS I NESS
#
3
BEST UNDERGRADUATE BUSINESS SCHOOLS
FOR ENTREPRENEURSHIP
Bloomberg BusinessWeek (2013 national rankings)
UNDERGRADUATE
ENTREPRENEURSHIP PROGRAM
Entrepreneur, The Princeton Review (2013 national rankings)
#
5
#
2
FAMILY BUSINESS PROGRAM, TOP 25
ENTREPRENEURSHIP PROGRAMS
Fortune Small Business
#
11
UNDERGRADUATE
ENTREPRENEURSHIP PROGRAM
U.S. News & World Report (2014, national rankings)
#
1
MAILING ADDRESS
Baylor Entrepreneurship
Hankamer School of Business
Baylor University
One Bear Place #98011
Waco, TX 76798
PHONE 254.710.4159
EMAIL [email protected]
WEB www.baylor.edu/business/entrepreneurship
HANKAMER SCHOOL OF BUSINESS
One Bear Place #98011
Waco, TX 76798
100% recycled. © Baylor University 2014
doc_937638212.pdf
During this such a detailed illustration related to baylor business entrepreneurship hankamer school of business.
3 Chair Letter 3 Building the Future 5 Thought-Provoking Curriculum 7 Gaining a Global Perspective
9 Practical Application: Baylor Venture Fellows and Angel Network 9 Baylor Institute for Family Business
11 Turning Dreams into Reality 12 Introducing Free Enterprise 13 Supporting Innovative Research
14 Blending Business and Technology 15 World-Class Staff 15 Fostering Internship Relationships
17 Entrepreneurship Living-Learning Center 19 Transforming Faculty and Student Collaborations
21 Community Collaborations 22 Supporting New Ventures 23 New Venture Competition
23 Networking with Entrepreneurs in Residence 24 Student Case Writing Competition 25 Rankings and Awards
26 Entrepreneurship Faculty and Staff Listing
www.baylor.edu/business/entrepreneurship
// In fall 2015, Baylor Entrepreneurship
will move into its new home in the $100
million, 275,000-square foot Paul
L. Foster Campus for Business and
Innovation, thanks to a $35 million
gift from Paul L. Foster, BBA ‘79,
of El Paso, Texas. The architectural
design features a highly corporate
and sustainable business environment,
including a centerpiece atrium that
will showcase some of the school’s
signature classrooms, and incubation
space to house and support new
student ventures. The design includes a
350-seat auditorium to accommodate
guest lectures and special events,
and a variety of classrooms that will
incorporate the latest technology for
collaborative learning, innovation and
problem solving. The new building is
expected to expand the School’s size by
nearly 40 percent.
“As a key department in the
Hankamer School of Business, Baylor
Entrepreneurship will bene?t greatly
from this most generous gift by Paul
L. Foster. It will provide us with the
infrastructure and environment to
continue to offer our students the very
best entrepreneurial learning experience.
In addition, the school’s explicit focus
on innovation will be codi?ed through
the name of the new campus, solidifying
Baylor’s commitment to supporting
entrepreneurial efforts throughout the
university,” states Kendall Artz, chair of
the entrepreneurship department.
Following in the footsteps of his
father who worked in the oil ?elds in
New Mexico, Foster is a successful
entrepreneur and executive in the oil
re?ning industry. He earned his BBA
in Accounting from Baylor in 1979,
// Today, the focus is on continuing to strengthen that leadership
position through continued investment in a wide variety of activities, such
as building new facilities to enhance the learning environment, expanding
research capabilities and providing resources to support new ventures.
The $100 million, 275,000-square-foot Paul L. Foster Campus for
Business and Innovation, scheduled to open in fall 2015, will provide
learning space for our Entrepreneurship faculty, staff and students.
With more than 40 percent more square footage, a student incubator,
cutting edge technology and an attached conference center,
the Baylor Entrepreneurship facilities will be second to none.
A multi-million dollar gift from two
benefactors enabled us to add to the Baylor
Entrepreneurship’s Baugh Center a major new
component centered on free enterprise. The
primary purpose of the Free Enterprise part
of the Center is to conduct research on the
implications of public policy decisions on the
entrepreneurial process. The funding supports
the hiring of a Free Enterprise director, two
new research faculty, administrative support,
research grants and operating expenses for
travel and symposiums.
The recently developed LAUNCH initiative
is a key element of Baylor’s research park, the
Baylor Research and Innovation Collaborative
(BRIC). LAUNCH will dramatically enhance our
ability to cultivate innovation. Although early
in the process, LAUNCH has already developed
the capability to offer startups access to the
knowledge, networks and ?nancial resources
necessary to achieve sustainable growth.
In addition to all the new initiatives
undertaken, we continually seek to improve
our core curriculum and activities. We also
have revised our curriculum to clarify learning
objectives and increase accessibility and
applicability to students from an increasing range
of disciplines. As a result, we continue to see
strong growth in all our degree programs.
Looking ahead, we continue to explore
new opportunities in areas such as expanding
graduate programs to include doctoral
education, broadening our network of global
partners, expanding the use of technologies
to provide more effective educational delivery
and recruiting an increasing number of high-
impact Entrepreneurship students. Baylor
Entrepreneurship is well positioned to continue
to be a leader for decades to come.
Baylor Entrepreneurship has been a leader
in entrepreneurship education and research
for nearly 40 years.
KENDALL ARTZ CHAIR, DEPARTMENT OF ENTREPRENEURSHIP
and embarked on a career with
several re?ning companies before
forming Western Re?ning Co.
as president and chief executive
of?cer in 1997. Today, Foster is
executive chairman of Western
Re?ning, an independent re?ning and
marketing company headquartered
in El Paso that also operates 200
convenience stores in Arizona,
Colorado, New Mexico and Texas.
building the
future
“Baylor Entrepreneurship
will bene?t greatly from
this most generous
gift by Paul L. Foster.”
Each day our students are encouraged to think deeper,
consider a greater range of perspectives and debate alternatives
intelligently while gaining confidence in the process.
// Baylor Entrepreneurship’s experiential curriculum combines rigorous instruction
with active involvement in new and emerging ventures. Students acquire practical, well-
rounded knowledge that prepares them for the diverse demands of today’s competitive
marketplace. Baylor Entrepreneurship offers more than 20 undergraduate and 10 graduate
entrepreneurship courses each year.
Students may pursue specialized concentrations in family business, technology, social,
corporate or global entrepreneurship through unique course offerings, interdisciplinary
collaborative entrepreneurship certi?cate programs and study abroad options. At Baylor,
students have the ?exibility to tailor curriculum to meet their personal learning goals.
Technology Entrepreneurship
Certi?cate (9 hours) for
entrepreneurially-minded
engineering students. The courses
leading to this certi?cate are
jointly taught by entrepreneurship
and engineering professors,
and provide engineers with
the business skills needed to
commercialize technologies
they develop.
Media Technology
Entrepreneurship Certi?cate
(9 hours) designed to provide
opportunities for Film and
Digital Media students to
gain entrepreneurial skills and
innovative techniques.
Film and Digital Media Business
Certi?cate (9 hours) designed
to provide opportunities for
Entrepreneurship majors to
combine their entrepreneurship
studies with the skills needed to
prepare themselves for leadership
in the digital media industry.
Entrepreneurship Minor
(18 hours) designed for students
who are not business majors.
This minor is intended to help
students learn and master the
business skills necessary to
start and successfully manage
a wide range of new ventures,
from private medical practices
to fashion boutiques and media
production operations.
Entrepreneurship Living and Learning (3 hours)
is the cohort class required of students who
live on campus as part of the Entrepreneurship
Living-Learning Center. The course provides a
hands-on experience as students conceptualize,
model, start and run an on-campus business.
Students in teams learn how to turn a great idea
into a great company, while learning how to build
and manage a startup.
Social Entrepreneurship (3 hours) challenges
students to provide entrepreneurial solutions to
help alleviate poverty in developing countries
around the globe. By partnering with real, startup
social ventures, students examine the role of
capitalism and economic growth.
Accelerated Ventures (6 hours) is an innovative
course that enables students to create real
companies, raise real funds, launch products
and services, and generate sales during two
semesters. Entrepreneurship students experience
the startup process ?rsthand by taking a company
from its conceptualization phase to exit. Led by
faculty members Kendall Artz and Les Palich,
Baylor alumnus Gib Reynolds, and a board of
veteran serial entrepreneurs, students learn the
foundational principles required to start and
run successful businesses while simultaneously
applying these principles to their own ventures.
Managing the Family Business (3 hours)
explores the unique personal and interpersonal
issues, as well as the business issues, associated
with family-owned and managed ?rm. Topics
evaluated in the course include the competitive
strengths and weaknesses of a family ?rm; the
dynamics of family interactions; family business
culture; con?ict resolution; estate planning; and
planning for succession.
At Baylor, entrepreneurship is viewed as a
multidisciplinary area of study. A wide range of
programs and courses are speci?cally designed
for non-business students.
SOME OF OUR UNIQUE COURSE AND
CERTIFICATE OFFERINGS INCLUDE:
RELATED ENTREPRENEURSHIP DEGREES INCLUDE:
www.baylor.edu/business/entcurriculum
Social Entrepreneurship in Africa
(6 hours) During this two-week
summer program, students
spend 15 days in Rwanda with a
focus on business as a mission.
Students and sponsors experience
?rsthand the effects of social
entrepreneurship. They use
entrepreneurial skills to formulate
innovative responses to economic
and social problems in Africa.
They will explore why and how
micro?nance operations have
grown to provide ?nancial services
to low-income people sustainably.
Technology Entrepreneurship
in Asia – i5 Program (6 hours)
The Immersion Into International
Interdisciplinary Innovation (i5)
is a 35-day summer program
that immerses teams of students
drawn from technical and business
backgrounds in the innovation
process of actual ventures.
Students lead or work on a team
technology project for a partnering
inventor or corporation. Students
help sponsors validate and
communicate their technology-
based ventures. The program
provides opportunities to explore
China for day and/or weekend
culture trips.
Baylor Entrepreneurship in
the Caribbean (6 hours)
During this two-week summer
program, students spend 14
days in a host country in the
Caribbean. Students will tour
cities and towns in the host
country to visit museums,
historic monuments, factories,
manufacturing operations,
beaches, social institutions and
much more. Some recently visited
countries include Cuba, the
Dominican Republic and Costa
Rica. Class time is spent learning
from experts who cover local and
global problems, including details
of recent trade agreements
the role of environmental
entrepreneurship and other
important economic, political
and cultural issues.
Baylor Entrepreneurship in
Europe (6 hours) This ?ve-week
summer program combines
business majors with students
from all ?elds of study in a
multidisciplinary, multinational
program that equips students
with valuable skills to work in
a fast paced, globally-focused
environment. Participants
hear from practicing business
owners and executives, visit
dynamic companies, and are
briefed at leading international
organizations, like the United
Nations. Students explore the
culture of 10 cities and seven
countries during the trip.
Entrepreneurship touches the lives of people on every continent
and in every nation; therefore, Baylor Entrepreneurship places
a special emphasis on INTERNATIONAL OPPORTUNITIES
FOR STUDENTS to gain a more global understanding of
entrepreneurship.
// In 1991, Baylor Entrepreneurship began developing its own for-credit international
programs. It offers four unforgettable experiences for students each year. While all of the
international programs have a common goal of helping students understand the unique
cultures, markets and entrepreneurial environments in each particular region, they each
have a signi?cantly different structure and emphasis to meet the diverse needs and
interests of Entrepreneurship students.
Each of the four entrepreneurship study abroad programs offer six hours of credit
required for the Entrepreneurship major and minor. These credit hours can be used as
upper level electives in other majors across campus.
www.baylor.edu/business/intl_entrep
BAYLOR VENTURE FELLOWS
// Baylor Venture Fellows is a unique,
two-semester internship program that provides
graduate Entrepreneurship students hands-on
experience working at a venture capital ?rm,
while giving them a ?rsthand glimpse into the
inner workings of a successful venture fund.
Venture Fellows develop a keen understanding of
the critical success factors of a startup company.
BAYLOR ANGEL NETWORK
// Since fall 2008, the Baylor Angel
Network (BAN) has been a function of Baylor
Entrepreneurship that facilitates the engagement
between angel investors and early stage
companies, while providing real-life educational
opportunities for student analysts and fellows.
BAN members, a group of alumni and friends
of Baylor and the Hankamer School of Business,
recognize the bene?ts of supporting the
entrepreneurship community. BAN members
provide capital and expertise to companies,
student mentoring, investor camaraderie and
endowment funding.
BAN has grown to include more than 40
angels. These angels pay an annual fee to gain
access to quality investment opportunities.
Baylor Entrepreneurship receives an investor-
designated portion of the pro?ts from the
angel investments. The angels also serve as an
important resource to Baylor Entrepreneurship—
guest lecturing in entrepreneurship courses,
mentoring current students and serving
as judges in Hankamer School of Business
competitions. BAN also includes fellows, who
pay an annual fee to participate in network
activities and educational opportunity. Fellows
cannot invest and are not solicited for any
investment or security.
BAN offers undergraduate Entrepreneurship
students a two-semester internship program
with extensive involvement in the operation
and management of the network.
// The Institute for Family Business (IFB)
at Baylor University promotes the tenets of
?rm, family and faith on a global scale through
rigorous scholarly research, transformational
student learning and engaged Christian
fellowship between family-owned businesses
and Baylor University. The IFB was established
in 1987 to promote the continuity and legacy of
Texas family businesses. Today, the Institute has
expanded its reach and sharpened its message.
Like other leading family business institutes,
the IFB promotes research, teaching and
outreach encompassing the triumphs and trials
of blending ?rm with family. Unique to IFB is
the inclusion of faith. When family businesses
struggle with succession, the reality of mortality
resurrects the most basic desires for meaning.
Matters of faith become especially signi?cant.
IFB believes that, like a three-stranded cord,
?rm, family and faith are inseparable. It explores
how faith teaches family and ?rm, and how the
three should interact. IFB encourages family
businesses to ‘put faith back on the table.’
Each week the students work at the
Austin, Texas-based venture capital ?rm,
G-51 Capital Management. Immersed in many
of G-51’s activities, the students evaluate
business plans for potential investment,
conduct market research and provide
constructive feedback to entrepreneurs.
Half of the students’ time is spent at G-51
headquarters, and the other half is spent
working on projects while on the Baylor
campus. In addition to the G-51 work, the
Fellows are also involved in presentation
meetings for the Baylor Angel Network.
While earning six hours of course credit
for their work at G-51, students are able
to meet with local angel investors and
successful entrepreneurs, including Pat
Horner, the ?rst President of Perot Systems
and founding inspiration for the program.
Student interns, called analysts,
are responsible for most aspects
of BAN including analyzing
potential deals, presenting
analyses to the BAN screening
committee members, organizing
and conducting presentation
meetings, and recruiting and
training new interns.
TEXAS FAMILY BUSINESS
OF THE YEAR AWARDS
CELEBRATE 25TH ANNIVERSARY
// Since 1989, the Baylor Institute for Family
Business has honored outstanding family businesses
within the state of Texas. The Texas Family
Business of the Year Awards Program recognizes
multigenerational, family-owned firms who
demonstrate a commitment to each other, employees,
the community and business continuity. This annual
event draws hundreds to the Baylor campus to
celebrate Texas family businesses. This year marks
the 25th anniversary of the awards program.
www.baylor.edu/business/familybusiness
www.baylor.edu/mba/g51
www.baylor.edu/business/txfamily
www.baylor.edu/business/angelnetwork
BAYLOR INSTITUTE FOR FAMILY BUSINESS
Providing INNOVATIVE AND CONSISTENT SUPPORT to the local,
regional and national business community, the John F. Baugh Center
for Entrepreneurship & Free Enterprise has been recognized as a leading
pioneer in the ?eld of entrepreneurship since its inception in 1981.
The Free Enterprise area
of the John F. Baugh
Center is FOCUSED ON
THE INTERSECTION of
entrepreneurship, markets
and public policy.
// Increasing understanding in this area
is important for a prosperous, just and
sustainable society. The program accomplishes
this through activities in research, education
and public discourse.
The Free Enterprise area of the Baugh
Center produces cutting edge academic
research for publication in leading journals.
This research targets both theoretical and
practical studies that contribute to the
understanding of the market process and
entrepreneurship, its drivers and implications,
and the interdependence between policy
and economic action. The program’s
research has been published in
well-regarded journals such as
the Academy of Management
Journal, Strategic Management
Journal, Journal of Management Studies and
Managerial and Decision Economics.
This research contributes to the formal
education of Baylor’s student body by assisting
faculty members in ?nding and producing
relevant material and class presentations.
Activities inform students, encourage
discovery and spur interest in issues related
to maintaining society. These activities
include a reading group and an annual essay
competition—the winners of which are invited
to visit with scholars and students from other
universities at a national conference.
The Free Enterprise area in the Baugh Center
facilitates critical exchange between the faculty,
student body, the local and regional population,
and the business community. To increase
understanding of practical and theoretical
entrepreneurship, the area organizes panels of
business community members, invites speakers
and conducts special events. Recent speakers
include John Tomasi of Brown University and Os
Guiness, author of 30 books on culture and faith.
As the Free Enterprise area in the Baugh
Center grows, the team hopes to further
engage the business community in market-
relevant research and assist students interested
in pursuing careers or graduate work.
// Perennially ranked
among the top ten
entrepreneurship centers
in the nation (out of more
than 2,000 programs)
and recipient of the
2010 NASDAQ Center of
Excellence Award, the Baugh
Center is dedicated to
facilitating new businesses
and furthering the goals of
established businesses.
Over the past 30
years, both aspiring and
practicing entrepreneurs
have benefited from the
Center’s offerings through
direct mentoring from
Center personnel and
student development
of business plans and
strategies supervised by
Center professionals.
The Center offers the
Innovation Evaluation
Program, which is designed
to give a new product or
idea an objective evaluation
to help determine the
likelihood for commercial
success. Any individual,
regardless of location, may
submit a business concept
for an in-depth marketability
analysis conducted by Baylor
Entrepreneurship faculty.
Established in 1981, this was
the ?rst non-government
funded innovation evaluation
program in the United
States. More than 4,000
evaluations have been
accomplished since the
program’s inception.
The Center director
and associate director
co-sponsor the nationally
af?liated Baylor Collegiate
Entrepreneurs’ Organization
(BU-CEO) on the Baylor
campus. The organization
is student-led and provides
the opportunity for any
student on campus with an
entrepreneurship interest
to network with fellow
students locally, as well as
with those across the nation,
by attending the national
CEO conference each fall.
Additionally, professional
entrepreneurs are brought
on campus to speak and to
mentor students.
www.baylor.edu/business/entrepreneur
www.baylor.edu/business/freeenterprise
introducing free
enterprise
// The Baylor Research and Innovation Collaborative (BRIC), the ?rst project within the
university’s exciting new research park, is a collaboration of Baylor University, Texas State
Technical College, Waco-McLennan County Economic Development Corporation, and a number
of other regional education and government partners. The more than $50 million invested
by these partners so far has brought BRIC to 60 percent completion. Currently, BRIC houses
multiple PhD programs, the ?rst of several industrial research collaborators and the LAUNCH
business accelerator.
// Serving customers requires deep knowledge
of both customer needs and a company’s
operational capabilities. Baylor’s Technology
Entrepreneurship Initiative (TEI) teaches students
while helping companies achieve their objectives.
Led by a cross-functional faculty team and a
board of advisors. TEI cultivates cross-campus
collaborations and global partnerships.
TEI is a strategic collaboration between the
Hankamer School of Business, the School of
Engineering and Computer Science, and the
Baylor Law School that is having a profound
impact on students as they prepare to lead as
skilled professionals in a world that is constantly
changing and driven by technology.
Technology Entrepreneurship courses are
team-taught by business, engineering and law
faculty at both the graduate and undergraduate
level. Additionally, a certi?cate in technology
entrepreneurship for engineering students is
offered, along with Film and Digital Media and
Media Technology Entrepreneurship.
A valuable component of TEI is the i5
(Immersion Into International Interdisciplinary
Innovation) study abroad program, which
is designed to provide an environment for
students to develop science and technology
insight, business savvy, and global cultural and
leadership competence. Baylor students travel
to China to partner with students from various
Asian universities on commercialization projects
from companies headquartered in China, the
U.S., and Europe.
MEHRON AZARMEHR
Founder, Azarmehr
Law Group
SHARON C. BALLARD
President & CEO,
EnableVentures, Inc.
NICHOLAS J. BEGICH III
Founder & President,
FarShore Partners
JOHN D. CARREKER III
President & CEO,
ALI Solutions, Inc.
DAVID DAUGHERTY
CEO, Korcett Holdings, Inc.
CATHI DAVIS
Vice President,
Sales & Marketing,
WRS Group, Ltd.
ANDREA L. DIXON
Executive Director,
Center for Professional
Selling & Keller Center
for Research,
Baylor University
CHRISTIAN FORGEY
President & CEO,
OEM Group
BILL GRIMES
President,
OsteoRegen, LLC
BRUCE HALL
President,
Eureka! Ranch
JANE HERNDON
Business Advisor
-Technology, Small Business
Development Center – MCC
DAVID G. HENRY, SR.
Registered Patent Attorney,
IP Section Chair of Gray,
Reed & McGraw
TIM HOERR
CEO, Serra Ventures
CEO, Cbana Laboratories
HYUN KIM
Solution Leader,
HP Enterprise Services
CASEY LEAMAN
Principal,
Escalade, LLC
CHAD LEWIS
Managing Partner,
Launchpad Asia
KEVIN LUDLUM
Defensive Coordinator/ COO,
Korcett Holdings, Inc.
MIKE MARKWARDT
Partner, Legare Furniture
R. BRUCE MAZZARE
President & CEO,
United Staff Resources
Inc., dba Management
Development Systems
CHRIS MCGOWAN
Director of Urban
Development, Greater Waco
Chamber of Commerce
GARY C. MCKINNEY
Senior Vice President,
Chief Human Resources
Of?cer, Valerus
PAT MURPHY
Director of Development,
Antioch Community Church
IVO NELSON
Founder & Chairman,
Encore Health Resources
CEO, Encore Connect
STEVE REYNOLDS
Independent Consultant
CHRIS SADLER
President & CEO,
Pruf LED
JOHN F. (JEFF) TANNER, JR.
Professor of Marketing,
Baylor University
KIMBERLY THOMAS
CEO, Global Advisors
Network & Global Advisors
Development Group
JOANNE SMITH WILLIAMS
Founder, Williams
Law LLC
CADE WILLIS
President & CEO,
Willis Oil Company
TEI BOARD OF ADVISORS
LAUNCH@BRIC
BRIC’s distinctive
feature is the merging of
the needed components for
a smooth progression from
research to fully operating
ventures. LAUNCH, a critical
component of BRIC, enables
the commercialization process.
In addition, LAUNCH serves
BRIC’s investing stakeholders by
making the commercialization
tools and processes needed
inside BRIC readily accessible
to innovators outside the
BRIC to foster a regional
ecosystem of innovation-
driven economic growth.
LAUNCH executes its
mission (to enable accelerated
commercialization of things
that matter) to ful?ll its vision
(a global community that
delivers innovation
that inspires) by
focusing on four
strategic programs:
www.baylor.edu/tei
www.baylor.edu/bric
supporting innovative
BOOST // Coaching and training for innovators. Our
Accelerated Commercialization Program (ACP) is a hands-on,
experiential learning boot camp delivered by a team with
more than 125 years combined experience to enable client
acceleration to market entry.
ENGAGE // Programs to connect innovators and the
resources they need, when they need them. LAUNCH
hosts networking opportunities focused on forming vital
collaborations easily within the innovation community.
ENTRY // Programs that build bridges from the region to
the world’s markets. LAUNCH coaching and training programs
tie it to the networks and expertise needed to navigate the
transition from regional to international player.
ORBIT // Programs develop and deliver best-in-class
support and coaching to ventures that reside at the LAUNCH
incubator. LAUNCH partners with BRIC collaborators to assist
?rms in their path from bench research to prospering new
businesses with workforce and leadership teams in place for
excellence in execution.
research
blending business and
technology
// Kevin Castello, Baylor MBA and Venture
Fellow, serves as the director for the Baylor Angel
Network (BAN). In his role, Kevin oversees the
operations of the network, utilizing students as
an integral part of the process while matching
entrepreneurs and potential investors.
Kevin is active in the angel community including
representing Baylor at the Angel Capital Association,
Alliance of Texas Angel Networks (where he recently
completed his role as the inaugural chair of the
executive director committee), Research Triangle
RCIC Board of Advisors for the Texas Emerging
Technology Fund, and the NCET2 Committee
on Angel and University Collaboration. Kevin
leverages his day-to-day experiences in teaching
the MBA Venture Fellows program, private
investing in the Executive MBA program, term
sheets in the entrepreneur ?nance class and deal
?ow analysis in the BAN analyst program. Kevin
serves a mentor to the Accelerated Venture and
New Venture Competition programs.
Ramirez’s experience as an
assistant registrar for the local
community college prepared
her for her duties with the
scholarship programs of Baylor
Entrepreneurship. Linda’s
skills at identifying grant
opportunities, writing grants
and securing grant funding are
an asset in her work with the
entrepreneurship department.
www.baylor.edu/business/entrepreneurship
KEVIN CASTELLO & LINDA RAMIREZ
// Gretchen Mikulich smiles as she talks about her
entrepreneurship internship experience with Campus
Realtors’ chief executive of?cer Dagen Kanaley and
Rydell Holdings general counsel Dillon Meek.
Mikulich is one of many Baylor Entrepreneurship
students who has earned three hours of course credit
in his or her major by working as interns. The Baylor
Entrepreneurship internship program is mutually
bene?cial to both entrepreneurship students and
companies with business needs. Working as an
intern enables students to put classroom knowledge
into action in real-world business environments,
Linda Ramirez, program manager
of the John F. Baugh Center for
Entrepreneurship & Free Enterprise,
completed her BBA at Baylor as a
single mother of three daughters.
Before she was 30, she started her ?rst
business, a multimanagement company
providing services to the commercial
construction industry in Texas.
Her experience as a small business
owner led her to the Small Business
Development Center Program (SBDC)
where she worked as a counselor before
becoming a SBDC program director. She
brings more than 15 years of experience
working with businesses in startup,
government contracting and technology
commercialization to her current position.
while expanding their skill sets and professional
relationships. Similarly, hosting interns benefits
companies by giving them access to high quality
students who serve temporarily. Interns can offer fresh
perspectives, professional attitudes and a desire to add
value. Many companies host interns as an opportunity
to identify top-notch individuals who would be a good
?t with the existing team in a full-time capacity.
Most internships are paid positions and are not limited to summer
positions. Many interns are able to work throughout a semester,
either virtually or in person. Using their broad network, Baylor
Entrepreneurship faculty and staff introduce potential employers to the
internship program. The internship group then works with the potential
host to establish guidelines, including hours, types of responsibilities,
reporting requirements, length of employment and other criteria, as
required. Then, the positions are posted, so students may apply.
The goal of the program is to give interns the opportunity to gain
experience on real projects, while working in startups and existing
businesses. Of her internship experience, Mikulich says, “In spite of the
fact that I now must get up much earlier to add the 15-hours-a-week
job to my regular class load, I am excited to be earning credit while
I am learning about market analysis, maintenance costs and requests
for proposals.”
// In 2008, the
Entrepreneurship Living–
Learning Center (ENT-LLC)
was established as a state-
of-the-art residential facility
to provide an apartment-
style living environment for
entrepreneurially-minded
students from all majors and
age groups. Students may
enter this facility as freshmen
and continue to call it home
until graduation.
The ENT-LLC is made
up of less than 50 percent
business students, while other
majors represented include
math, industrial design,
chemistry, music, sociology,
social work and fashion
design, among others.
The students take a junior
level, 3-credit cohort class,
Entrepreneurship: Living &
Learning, which focuses on
idea generation, personal and
professional success, managing
change, business modeling, and
implementation. As part of the
course, students spend their
?rst semester working in teams
to conceptualize, evaluate and
start businesses. Given access
to seed funding, the students
are encouraged to produce
a minimum viable product
by mid-semester, learn from
their customers and present a
summary of their experience to
a panel of judges.
ENT-LLC students have
the opportunity to participate
in Baylor Angel Network
entrepreneur presentations.
These students spend the
?rst half of a day listening to
entrepreneurs make pitches
to potential angel investors,
have lunch with the angels
and entrepreneurs, and
end the day listening to the
angels discuss the merits of
the various entrepreneurial
ventures. Then, the students
make their own investment
decisions, and later, they have
the opportunity to learn how
their theoretical investment
decisions match against those
of the angel investors.
The Baylor Collegiate
Entrepreneurs’ Organization
(BU-CEO) is closely associated
with the ENT-LLC, with
many officers holding dual
positions in BU-CEO and the
ENT-LLC Leadership Team.
BU-CEO is a student-led
organization that is advised
by the ENT-LLC director
and the director of the
John F. Baugh Center for
Entrepreneurship &
Free Enterprise.
Under the guidance of
the ENT-LLC leadership
team, students participate in
social and service activities,
designed to encourage a sense
of community while learning
networking skills. Students
volunteer as “The Green Team”
to spend the day recycling
// Developed and taught
by Keller, co-founder and
chairman of the board for Keller
Williams Realty International,
the Quantum Leap program
focuses on helping individuals
pursue personal achievement
through intentional development
of ethics-based goal planning
and discipline habits. The ENT-
LLC students participate in four
exclusive Quantum Leap training
sessions taught by Keller during
two semesters. The Quantum
Leap program examines four
main areas of productivity: life,
personal, business and ?nancial.
Believing and teaching that
the foundation of life of purpose
comes from a clear Missions,
Visions, Values, Beliefs and
Perspective (MVVBP), Keller
explains the six key disciplines
that help a person achieve a
purposeful life. He encourages
the students to master a skill or
talent, focus on key priorities,
break through self-imposed
ceilings, be willing to be
taught, be positive and be
responsible. Students come
away from the program with
the knowledge that they
must ?rst clearly understand
their purpose through
the MVVBP before
they can build a
life that re?ects
that purpose. In
the fall of 2013,
Keller’s latest best-
selling book, “The
One Thing,” was
incorporated into
the cohort class
for the ENT-
LLC. Keller
introduces the
basic tenets contained in the
book in a one-day session at the
beginning of the semester. The
students continue during the
semester to read and discuss
the book as they seek “The
Surprisingly Simple Truth Behind
Extraordinary Results.”
Gary Keller provides a wealth
of entrepreneurial expertise for
students. As co-founder and
chairman of the board for Keller
Williams Realty International,
Keller helps provide strategic
direction for the company, while
serving as a visionary leader
within the North American real
estate industry. Keller and his
writing team have written four
nationally best-selling books:
“The Millionaire Real Estate
Agent,” “The Millionaire Real
Estate Investor,” “SHIFT: How Top
Real Estate Agents Tackle Tough
Times” and “The One Thing:
The Surprisingly Simple Truth
Behind Extraordinary Results.”
Among various accolades, he has
been named Ernst & Young
Entrepreneur of the Year
for Central Texas, was a
?nalist for Inc. Magazine’s
Entrepreneur of the
Year and received
the prestigious
Baylor Business
Leadership Medal
of Service in 2011.
boxes during Move-In
Day, hone social skills
at formal dining events,
spend time at the marina
or on the basketball court,
and are often surprised by
impromptu activities.
Staffed by a full-time
director, the ENT-LLC
offers mentoring between
upperclassmen and
freshmen, accessibility
of faculty, discussion
groups, and opportunities
to work with practicing
entrepreneurs and
investors. Also, it
facilitates idea generation
and provides support in
the actual launch of a
new business. By bringing
together a diverse group
of high-performing,
committed students,
the ENT-LLC creates a
high-energy social and
academic environment
that nurtures the
entrepreneurial
spirit in students
interested in pursuing
an entrepreneurial life.
www.baylor.edu/business/entllc
A select group of ENT-LLC students earn
the opportunity to participate in QUANTUM
LEAP, an exclusive training session led by
Baylor alumnus, GARY KELLER.
www.the1thing.com
Taking a MULTIDISCIPLINARY APPROACH, Baylor
Entrepreneurship strives to increase engagement
with students outside of the business school.
Baylor Entrepreneurship has a nearly 40-year
tradition of excellence in PROVIDING
EDUCATIONAL OPPORTUNITIES that require
Entrepreneurship students to connect
classroom learning to practical activities
requiring meaningful reflection and action.
// Students can participate in an incredible
range of activities including international
entrepreneurship programs, mentoring programs,
new venture startup programs and an increasing
number of service and extracurricular activities.
One of the most impactful activities offered
is the opportunity to engage with faculty in
all phases of the discovery process, including
faculty research efforts. These faculty-student
research collaborations have proven bene?cial
to both parties. For students, the opportunity to
work side-by-side with professors to investigate
entrepreneurial phenomena adds tremendous value
to their entrepreneurial education. For professors,
it offers an opportunity to expand their mentoring
roles and increase their research capacity.
Steve Bradley, associate professor in
Entrepreneurship, regularly collaborates with
students. Generally, student collaborations
with Bradley center on providing insights into
entrepreneurial solutions to generate economic
growth and reduce poverty in developing countries.
Student involvement in research efforts
extends beyond simple tasks. For example,
one Entrepreneurship student traveled to the
Dominican Republic to collect survey data on the
role entrepreneurial activity plays in in?uencing
the ability of microcredit loans to reduce poverty.
The research led to the creation of new models
of microloan usage and resulted in publication
in the Journal of International Development.
Another student researcher traveled to Uganda
to conduct survey work with a local social
enterprise to investigate the extent to which
client identi?cation with the social enterprise
affected outcomes for client well being.
Meaningful student involvement is
typical, and the student reaction to research
experiences is almost unanimously positive.
Tara Funk, an undergraduate Entrepreneurship
student, is working with Bradley to examine
how foreign aid and economic freedom interact
to affect child mortality
around the globe.
“Working directly with
Dr. Bradley on a unique
research project has been
an invaluable experience,”
Funk said. “I have learned
a great deal about the
research process as well as
the areas that the project
examines. The ability to
take what I have learned in the classroom and
apply it to real-world situations in an area relevant
to my future career is truly rewarding.”
Marlene Reed, faculty member and
Entrepreneur in Residence, collaborates often
with students in her research efforts. A proli?c
case writer, Reed sees many bene?ts from her
collaborations with Entrepreneurship students.
“There are multiple bene?ts to a student
performing primary research by interviewing
entrepreneurs for a teaching case,” Reed said.
“The ?rst is that the student learns the range of
practical challenges that face people who own
their own businesses. Secondly, in writing the
Instructor’s Manual to accompany the case, the
student must draw upon theory that has been
taught in class to serve as the foundation for
the learning experience that students will have
in discussing the case. In addition, students
have the opportunity to develop relationships
with successful entrepreneurs who may be able
to provide valuable mentoring in the future.”
While Baylor has long focused on
conducting compelling entrepreneurship
research, the focus on encouraging student
involvement with faculty research efforts has
grown signi?cantly in recent years. These
experiential activities challenge students to act
as more than passive recipients of information.
transforming faculty
and student collaborations
// These collaborations are instrumental in
fostering community economic development
and enhancing student education opportunities.
Active in two communities, the Accelerated
Ventures Program (AV) has strong ties to
incubators and accelerators in both Waco
and Addison, Texas.
Located in downtown Waco, thIncSpace
(the headquarters for the Baylor Accelerated
Ventures program and AV student businesses)
is part incubator, part community gathering
place and part professional support
network for creative startups and creative
entrepreneurs. The Greater Waco Chamber
of Commerce recognizes small enterprises
are the single largest job creation engine
in our economy. Through thIncSpace, the
Waco Chamber is committed to supporting
entrepreneurship development in Greater
Waco, with a focus on creative and scalable
ventures. The Waco Chamber believes the
pieces of the puzzle are already in place and
thIncSpace brings them together to create
opportunity and support for businesses and
entrepreneurs in the Greater Waco area
through their work with Baylor’s Accelerated
Ventures Program.
Located a little more than 10 miles from
downtown Dallas, the Town of Addison also
provides Accelerated Ventures companies
with free of?ce space and amenities for a year
after students graduate from the AV program.
Seeking to grow and expand their businesses,
AV companies located in the new space in
Addison will receive ongoing mentoring and
support from the Baylor Founders Club and
the Accelerated Ventures Advisory Board.
By providing these teams with more time
to incubate, Addison is providing additional
support that will go far in ensuring the
long-term success of student teams
moving beyond the Baylor classroom.
// In Accelerated Ventures,
students pursuing any major
can experience the startup
process ?rsthand by taking a
company from conceptualization,
to launch and growth, and
eventually to exit. Led by Baylor
alumni Gib Reynolds and David
Grubbs, faculty members Kendall
Artz and Les Palich, and a board
of veteran serial entrepreneurs,
students learn the foundational
principles required to start and run
successful enterprises in real life.
As a complement to conventional
pedagogical approaches, the program
provides students with an experiential
foundation, and the resulting “scrapes
and bruises” that go with it, to
deepen and complete the traditional
undergraduate education.
More than 50 students apply each
semester, but only 12 are selected to
participate in the launch phase of the
program. These participants are then
placed into four teams, each of which
receives $5,000 in seed capital to get
their businesses operating. The teams are
coached by a world-class advisory board
of highly accomplished entrepreneurs, who
have donated their time and more than
$100,000 in products and services.
The results of the program have been
positive with 24 companies started so
far. Perhaps just as important, student
satisfaction runs high, with assessments
that indicate strong support for this
innovative program.
Michael Heath, a Management major
and program participant from Round
Rock, Texas, summed it up perfectly,
“I believe Accelerated Ventures is the
beginning of a new way of learning. One
day, all classes will have an integrated
learning system where they actually put
students in the real world. Accelerated
Ventures is at the cutting edge of this
new way of teaching, and I am forever
grateful to have been a part of it.”
accelerated ventures
is an INNOVATIVE TWO-SEMESTER PROGRAM
that enables students to CREATE REAL
COMPANIES, RAISE REAL FUNDS, LAUNCH
REAL PRODUCTS AND SERVICES, AND
GENERATE SALES within a learning environment
that promotes ENTREPRENEURIAL
EXPERIMENTATION.
www.acceleratedventuresprogram.com
collaborations
Baylor Entrepreneurship has a long history of WORKING
SIDE-BY-SIDE WITH LOCAL GOVERNMENTS, BUSINESSES
AND COMMUNITY LEADERS.
community
supp rting
new
ventures
netw rking with
Baylor Entrepreneurship continues to foster
entrepreneurial education and support new
venture creation while PREPARING STUDENT
ENTREPRENEURS FOR SUCCESS through the
Baylor New Venture Competition. // Starting
as a Baylor competition in spring 2012, the
New Venture
Competition
now operates
on a national
scale, attracting
top student
entrepreneurial
talent from across
the nation.
The New
Venture
competition is
held annually,
beginning with
submissions of executive summaries each fall
through the ?nal judging each spring. Each year,
promising new graduate and undergraduate student
teams create fully developed business plans and
experience multiple rounds of judging and valuable
feedback on their way to the grand prize of $25,000.
Twelve teams advance as ?nalists and have the
opportunity to pitch their company idea to a panel of
judges comprised of investors from the Baylor Angel
Network, serial entrepreneurs, venture capitalists and
other business professionals.
The winner of the 2014 competition was REEcycle
from the University of Houston. Providing a ?rst-
class competitive landscape, the other 11 ?nalist
teams represented Harvard University, Massachusetts
Institute of Technology, Yale University, University of
Virginia, Case Western Reserve University, University of
Arkansas, Wake Forest University, University of Utah,
University of Texas at Dallas and Baylor University.
The competition is proud to align itself with
the Baylor Angel Network and the Innovative
Business Accelerator’s LAUNCH initiative at the
Baylor Research and Innovation Collaborative
(BRIC) to expand its overall impact and foster the
best possible educational and experiential learning
environment for student entrepreneurs.
ENTREPRENEURSHIP COMES ALIVE with
Baylor’s Student Case Writing Competition
held at the annual United States Association for
Small Business and Entrepreneurship (USASBE)
conference. // The competition is sponsored
by Baylor Entrepreneurship in partnership with
USASBE, the largest independent, professional,
academic organization in the world dedicated to
advancing the discipline of entrepreneurship.
Undergraduate and graduate students, either
individually or as a team, are invited to submit an
original case, which is evaluated based on the extent
to which it advances the ?eld of entrepreneurship,
broadly de?ned, and contributes to an understanding
of entrepreneurial phenomena. Also required is an
instructor’s manual, which anchors the case in the
theory of entrepreneurship and provides guidance
to instructors who may wish to teach the case in a
classroom setting.
After the cases and instructor’s manuals are
reviewed by members of the North American Case
Research Association (NACRA), the authors whose
cases are deemed worthy to be presented are
noti?ed of their acceptance. The accepted cases are
presented at the USASBE Conference and judged by
seasoned case writers. Winners receive cash prizes.
BILL TOWNSEND - Co-founder
of Lycos and GeoCities. As a
motivational speaker and serial
entrepreneur, Townsend has
authored “Yes You Can!” and co-
authored “Roadmap to Success” with
Deepak Chopra and Ken Blanchard.
KASPER BOON - Professor
emeritus and former dean of the
University of Maastricht, author of
management, entrepreneurship and
computer science textbooks, serial
international entrepreneur, and the
innovation coordinator for CRH
plc., headquartered in Ireland, with
operations in 35 countries. Boon
lives in Eindhoven, Netherlands.
GARY KELLER - Co-founder and
chairman of the board for Keller
Williams Realty International and
author of four nationally best-selling
books. Keller co-founded Keller
Williams with Jo Williams in 1983.
The company began to expand
internationally, and is currently
the largest residential real estate
company in the world. For more
information on Gary Keller, see article
on the Entrepreneurship Living-
Learning Center.
TOM GRAUNKE – Chief executive
of?cer of StormWind Studios and
twice named the Ernst & Young
Entrepreneur of the Year. At the age
of 22, Graunke founded Mastering
Computers, a groundbreaking
computer learning enterprise,
partnering with a little known
software company called Microsoft.
Graunke continued a career of
creating successful internet-based
companies, and in 2009, founded
StormWind Studios.
The Entrepreneur in Residence (EIR) program at
Baylor University INTRODUCES OUTSTANDING
ENTREPRENEURIAL LEADERS to the students, faculty
and staff of the Hankamer School of Business.
SOME PAST VISITING ENTREPRENEURS INCLUDE:
entrepreneurs in residence
DR. MARLENE REED
www.baylor.edu/business/newventurecompetition
baylor/USASBE
student case writing
competition
www.baylor.edu/business/entcwc
// One of the oldest EIR programs
in continuous existence, the Baylor EIR
began in 1979 through an endowment
from the Dr. Joseph F. Schoen Visiting Professorship in Private Enterprise
and Entrepreneurship. Currently, the program employs a full-time on-
campus EIR, Dr. Marlene Reed, who teaches three entrepreneurship
classes, works one-on-one with students and mentors students through
experiential engagement in Baylor Entrepreneurship, including the
Technology Entrepreneurship in China study abroad program.
Another key part of the Baylor
EIR program is the inclusion
of visiting EIRs who serve two
or three days as speakers,
competition judges, one-on-
one advisors and mentors.
The entrepreneurs who are
part of this program have
experienced the demanding
process of starting, running
and exiting a business. They
are willing to work with young
entrepreneurs to encourage,
advise, and to help them avoid
mistakes and excel.
European CEO magazine’s
2011 Global Business
Education Awards named
Baylor University’s Hankamer
School of Business THE MOST
INNOVATIVE BUSINESS
SCHOOL FOR THE SOUTHERN
UNITED STATES REGION.
In naming Baylor, the
magazine cited the school’s
entrepreneurship, global
perspective, student connections
to the business community,
family-focused values, high-tech
collaborations, community service
and well-rounded relevancy.
Baylor Entrepreneurship’s
Accelerated Ventures Program
was honored by the Southwestern
Business Deans’ Association with
THE 2013 BOBBY G. BIZZELL
INNOVATIVE ACHIEVEMENT
AWARD. The award recognizes
innovation and continuous
improvement in business
education.
Inc. Magazine named Baylor
as home to one of “THE BEST
ENTREPRENEURSHIP COURSES
IN AMERICA” IN 2014. The
honor refers to Professor Blaine
McCormick’s introductory
business class where the focus
is on business, the economy and
world affairs. McCormick’s course
puts a new spin on the 250-year-
old teachings of Benjamin Franklin.
Ray Bagby, professor of
Entrepreneurship and executive
editor of Entrepreneurship
Theory and Practice, was
honored as the recipient of
the ENTREPRENEURSHIP
DIVISION OF ACADEMY OF
MANAGEMENT’S DEDICATION
TO ENTREPRENEURSHIP AWARD
at their 2013 conference.
Bagby received the MAX
S. WORTMAN, JR. LIFETIME
ACHIEVEMENT AWARD IN
ENTREPRENEURSHIP from
the United States Association
of Small Business and
Entrepreneurship in 2010.
Baylor’s John F. Baugh Center
for Entrepreneurship received
the prestigious NASDAQ
CENTER OF ENTREPRENEURIAL
EXCELLENCE AWARD at
the 2010 Global Consortium
of Entrepreneurship Centers
conference.
W. W. Caruth Chair of
Entrepreneurship Bill Petty
was named NATIONAL
ENTREPRENEURSHIP TEACHER
OF THE YEAR by the Acton
Foundation for Entrepreneurial
Excellence in 2008.
SELLING SMALL BUSINESS TEXTBOOK FOR EACH OF
THE PAST 50 YEARS, PUBLISHED BY BAYLOR FACULTY
Small Business Management: Launching and Growing
Entrepreneurial Ventures, 16th ed. (Justin Longenecker,
Bill Petty, Les Palich, Frank Hoy)
entrepreneurship faculty and staff
MARY ABRAHAMS – (MBA – Baylor)
Associate Director – John F. Baugh Center for Entrepreneurship
Program Director – Entrepreneurship Living-Learning Center
(student startups, business modeling, outreach activities)
J. DAVID ALLEN – (MBA – Baylor)
Director – John F. Baugh Center for Entrepreneurship
(entrepreneurial startups, venture capital, business planning
processes)
KENDALL ARTZ – (PhD – Purdue)
Chairman – Department of Entrepreneurship
Curtis Hankamer Chair of Entrepreneurship
(entrepreneurial ?nance, development entrepreneurship)
RAY BAGBY – (PhD – South Carolina)
Robert M. and Louise Rogers Professor of Entrepreneurship
Executive Editor – Entrepreneurship Theory and Practice
(new venture initiation, family business, business planning
processes)
STEVE BRADLEY – (PhD – Indiana)
Associate Professor of Entrepreneurship
Director of Free Enterprise – John F. Baugh Center for
Entrepreneurship and Free Enterprise
(Strategic entrepreneurship, social entrepreneurship,
entrepreneurship policy)
PER BYLAND – (PhD – University of Missouri Columbia)
Research Professor
KEVIN CASTELLO – (MBA – Baylor)
Executive Director – Baylor Angel Network
COLENE COLDWELL – (MBA – Baylor)
Senior Lecturer – Department of Finance
(entrepreneurial ?nance, development entrepreneurship)
ROXIE COLLIER
Administrative Associate – John F. Baugh Center for
Entrepreneurship
(Student Advisory Board, Collegiate Entrepreneur’s Organization)
MICHELLE DOWNS
Of?ce Manager – Department of Entrepreneurship
AMY EASLEY – (MA – Baylor)
Managing Editor – Entrepreneurship Theory and Practice
(entrepreneurship research and publication)
AMY FIELDS – (BBA – Baylor)
Project Manager – Free Enterprise – John F. Baugh Center for
Entrepreneurship and Free Enterprise
GREG LEMAN – (PhD – Illinois)
Clinical Professor of Entrepreneurship
Director – LAUNCH Innovative Business Accelerator @BRIC
(technology entrepreneurship, business incubation)
JAN MARIDAL – (PhD – Florida State)
Research Professor
WES NEMEC – (BBA – Baylor)
Program Manager – John F. Baugh Center for Entrepreneurship
(study abroad, New Venture Competition)
MITCHELL NEUBERT – (PhD – Iowa)
Professor of Management
Chavanne Chair of Christian Ethics in Business
(ethics, entrepreneurial leadership)
BRADLEY NORRIS – (MS – Purdue)
Senior Lecturer
Director – Technology Entrepreneurship Initiatives
(technology entrepreneurship)
LES PALICH – (PhD – Arizona State)
Ben H. Williams Professor of Entrepreneurship
(international entrepreneurship, strategic entrepreneurship)
BILL PETTY – (PhD – Texas)
Professor of Finance
W.W. Caruth Chair of Entrepreneurship
(entrepreneurial ?nance, venture capital, entrepreneurial processes)
LINDA RAMIREZ – (BBA – Baylor)
Program Manager – John F. Baugh Center for Entrepreneurship
(Texas Family Business of the Year, scholarships, grants,
e-newsletter, awards)
MARLENE REED – (DBA – Louisiana Tech)
Entrepreneur in Residence
(small business strategy, venture initiation, international
entrepreneurship)
GIB REYNOLDS, JR. – (MBA – Acton School of Business)
Lecturer of Entrepreneurship
(Entrepreneurship, business planning processes)
LARRY SNYDER – (MBA – University of Texas)
Clinical Professor of Entrepreneurship, Corporate Relations
Baylor College of Engineering and Computer Science
(entrepreneurship, innovation, engineering)
MONICA VARDEMAN
Administrative and Marketing Associate – LAUNCH Innovative
Business Accelerator @BRIC
MATT WOOD – (PhD – Southern Illinois)
Assistant Professor of Entrepreneurship
(entrepreneurial ?nance, entrepreneurial cognition)
BILL WORTHINGTON, IV – (PhD – Texas A&M)
Clinical Professor of Entrepreneurship
Director – Institute for Family Business
(technology entrepreneurship, international entrepreneurship,
family business)
HANKAMER S CHOOL OF BUS I NESS
#
3
BEST UNDERGRADUATE BUSINESS SCHOOLS
FOR ENTREPRENEURSHIP
Bloomberg BusinessWeek (2013 national rankings)
UNDERGRADUATE
ENTREPRENEURSHIP PROGRAM
Entrepreneur, The Princeton Review (2013 national rankings)
#
5
#
2
FAMILY BUSINESS PROGRAM, TOP 25
ENTREPRENEURSHIP PROGRAMS
Fortune Small Business
#
11
UNDERGRADUATE
ENTREPRENEURSHIP PROGRAM
U.S. News & World Report (2014, national rankings)
#
1
MAILING ADDRESS
Baylor Entrepreneurship
Hankamer School of Business
Baylor University
One Bear Place #98011
Waco, TX 76798
PHONE 254.710.4159
EMAIL [email protected]
WEB www.baylor.edu/business/entrepreneurship
HANKAMER SCHOOL OF BUSINESS
One Bear Place #98011
Waco, TX 76798
100% recycled. © Baylor University 2014
doc_937638212.pdf