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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.

      Inclusive Excellence training development underway

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      In 2023, Central Michigan University released its five-year Diversity, Equity, Inclusion, Justice and Belonging Strategic Plan with three foundational priorities: equalize graduation rates; diversify faculty and staff; and foster a more inclusive community. Now, a collaborative team of leaders, faculty members and staff members is preparing to take an important step forward on the third priority with a new Inclusive Excellence training for faculty and staff.

      Foster a more inclusive community

      Shawna Patterson-Stephens, vice president for inclusive excellence and belonging at CMU, said the “A Call to Action” plan focuses on creating a culture that allows all university community members to thrive. Part of the plan involved developing and implementing trainings to strengthen the community’s understanding of issues relating to diversity, equity, inclusion, justice and belonging.

      “For decades, we sought professional development and training for faculty, staff and senior leaders at CMU,” Patterson-Stephens said. “This module brings this element of the plan to fruition, taking us one step closer to supporting professionals who are skilled in cultural competency, connecting across difference and mediating conflict, particularly in moments of crisis.”

      In April 2024, the CMU Board of Trustees voted unanimously to provide support for the immediate development of inclusive excellence training standards and requirements for every member of the university community, including for students, faculty, staff, administrators and Trustees.  

      Leveraging CMU expertise

      To create training that both met the goals of the five-year plan and aligned with CMU’s existing mission, vision and values, Patterson-Stephens held meetings throughout the summer with groups across campus including:

      • Faculty Association
      • Union of Teaching Faculty
      • Fraternal Order of Police Labor Council
      • Office of Internal Audit
      • Office of the Provost
      • Provost’s Advisory Council
      • University Ombuds Office
      • Division of Student Affairs
      • National Association of Broadcast Employees and Technicians-Communications Workers of America Local 412 
      • CMCOA-Sergeants
      • UAW Local #6888, AFL-CIO
      • Dispatcher’s Association

      Patterson-Stephens then assembled a group of faculty and staff with expertise and experience related to strengthening inclusive learning environments. The curriculum development team convened by Patterson-Stephens included: 

      • Jon Humiston, director, non-credit and alternative enrollment, CMU Innovation and Online
      • Gina McGovern, faculty member, Human Development and Family Studies
      • Evan Montague, executive director, Student Success and Academic Advising and Assistance
      • Nikita Murry, director of diversity education, Office for Institutional Diversity, Equity and Inclusion
      • Lissa Schwander, faculty member and field director, Social Work program
      • Rhonda Welsh, executive director, Detroit Outreach
      • Gina Wilson, faculty member and program director, Educational Leadership

      The next step is to have the curriculum reviewed by faculty and staff with experience working with diverse groups, Patterson-Stephens said. She is currently convening a group of faculty, staff and administrators to assist with the review process, which she hopes to begin later this month. The overarching goal is to create training that will be accessible and applicable for people with many different levels of experience.

      “We will each be starting from a different place, and that’s okay,” she said. “While some of us are experts in this subject matter, some of us are just beginning to gain exposure to many of the themes that we will cover together in this module. Consider this an opportunity to begin using common language that allows us to better connect with each other and open possibilities to conversations that may otherwise have been avoided due to fear or educational exclusion.”

      Rollout to campus

      Ensuring that all faculty and staff are able to access and complete the Inclusive Excellence training required partnership with CMU’s Office of Information Technology. Patterson-Stephens said Roy Schalke, assistant director of applications and systems integration, and Lucas Maxwell, an application administrator II, helped create space for the new training using CMU’s SuccessFactors platform.

      Over the next month, Patterson-Stephens will work with university leaders to establish a timeline for the rollout of the new training and will partner with supervisors and managers university-wide to support its implementation.  She hopes everyone will approach the training with an open mind and a readiness to learn.

      “We set the tone for the climate that is produced at Central Michigan University, and the ways we treat our students and ourselves matters,” she said. “Diversity, equity, inclusion, justice, and belonging are priorities at CMU, and making a deliberate effort to inform our delivery of services is essential if we truly hope to reach, and surpass, our vision for our institution.”

      Questions?