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Isabella Bank Institute for Entrepreneurship

We are a dedicated institute for student entrepreneurs across campus and beyond. We aim to maximize your success by fostering your entrepreneurial mindset, promote inter-disciplinary collaboration and provide support for the creation and development of your new ventures. Jumpstart your ideas and get involved today!

Tune in for excitement!

Passion. Potential. Pitches. Don't miss any of the 2025 New Venture Challenge excitement.

Tune in Friday, April 11 at 1 p.m. for great ideas and fierce competition. Then, join the judges, mentors, spectators and teams as they see who is going home with thousands of dollars in venture financing. The awards broadcast begins at 6:30 p.m. and one team will walk away as the overall best venture. 

Start your entrepreneurial journey

Central Michigan University’s College of Business Administration is the home of the Isabella Bank Institute for Entrepreneurship and the first Department of Entrepreneurship in the state of Michigan. We are a student-centric hub where experiential, curricular, and external entrepreneurial opportunities intersect.

Our mission is to maximize student success by fostering a campus-wide entrepreneurial mindset that promotes inter-disciplinary collaboration and the creation of new ventures.

We aim to create innovative programming, boost cross-campus and ecosystem collaboration and provide a comprehensive mentoring program.

Our institute provides extracurricular opportunities and is open to all undergraduate and graduate CMU students.

Student opportunities

  • Meet experienced alumni, faculty, entrepreneurs, investors, and other business and political leaders.
  • Learn practical skills, innovative thinking, and connect with mentors and entrepreneurial resources.
  • Attend skill-building workshops and compete in pitch competitions and Hackathons.
  • Take part in special scholarship programs and travel experiences.
  • Pitch your venture at our signature New Venture Challenge event and compete for up to $20,000 in cash awards.

      Find your path

      Are you interested in becoming an entrepreneur?

      Every journey is unique. Explore the opportunities that interest you.

      Detroit-based CMU leader honored as Woman of Excellence

      by Sanjna Jassi
      Rhonda Welsh, executive director for Detroit Outreach at Central Michigan University, has been named one of the 2021 Michigan Chronicle Women of Excellence.

      In recognition of her outstanding philanthropic and volunteer efforts, Rhonda Welsh, executive director for Detroit Outreach at Central Michigan University, has been named one of the 2021 Michigan Chronicle Women of Excellence.

      In the publication's awards announcement, publisher Hiram E. Jackson said the Women of Excellence initiative "celebrates phenomenal women who have demonstrated exceptional courage, unwavering conviction, and extraordinary grace." Honorees are selected for their achievement in business, philanthropic and volunteer efforts, community involvement and more.

      wrap-RhondaWelsh"I am honored to be recognized alongside so many of the area's top achievers. Many women that I admire, like former Central Michigan University board member Dr. Marilyn French Hubbard, have received this honor," says Welsh. "It is exciting to have my work acknowledged in such a public manner."

      Welsh currently sits on the Metro Detroit Regional Board of Directors for Read to a Child; the Steering Committee of the Detroit Symphony Orchestra's Classical Roots Celebration; the Advocacy Advisory Council of the Detroit Regional Chamber; and the Council of Dianas for Plowshares Theatre Company. She is a longtime Rhonda Walker Foundation volunteer, and she has previously held board and committee positions with Volunteers of America, Teen HYPE and AA490.

      CMU President Bob Davies said the award is a fitting tribute to Welsh's efforts to expand CMU's role within the Detroit community and create a reciprocal ecosystem of support between and among the university, city leaders, business partners and nonprofit organizations, as well as students, families and alumni.

      "Our Leadership Standards compel us to hire and nurture service-oriented leaders. In many ways this acknowledgment confirms our commitment to engaging our many Detroit community stakeholders," Davies said.

      Welsh said she was a Custer Elementary School student when she and thousands of other Detroit Public Schools students "bought a brick" to help build the Charles H. Wright Museum's new facility — and she's been hooked on community building ever since. Now, she hopes to use her knowledge and experience to mentor others.

      "I want to learn from this network of women," says Welsh. "I'm sure that this honor will open up a chance to pay it forward and pass on knowledge to others."

      Questions?