Isabella Bank Institute for Entrepreneurship Programs

Stephen Wakeling and Erin Gendron Entrepreneurial Scholars

Application opens Jan. 1, 2025 - April 8, 2025

Established in 2022, the Stephen Wakeling & Erin Gendron Entrepreneurial Scholars Program is for students pursuing a major or minor in Entrepreneurship or pursuing any major while also actively participating in the Isabella Institute for Entrepreneurship. Qualified recipients must be sophomore status or above. Students must fill out the program application and scholarship application.

Program APPLICATION SCHOLARSHIP APPLICATION

    If you are an ENT major, ENT minor, or actively involved with NVC, this opportunity could be for you!

    Stephen Wakeling & Erin Gendron have started an e-scholars program to offer additional experiential opportunities, financial support, and networking for entrepreneurial students at CMU.

    The third cohort of e-scholars will be selected by April 16 and announced at NVC in April. The students selected as Wakeling-Gendron Entrepreneurs (WGE)may be eligible for a $1,500 Tuition Stipend ($750 per semester) and receive all expense paid travel to experience different entrepreneurial ecosystems. The Scholar must meet CMU financial aid requirements to receive the stipend. There will be 2-4 trips across the year. The WGE will also be a part of numerous mentoring and networking opportunities with Alumni and other experts, executives & entrepreneurs. Also, the WGE program will provide support for scholars to participate in competitions beyond NVC at CMU.

    The Stephen Wakeling & Erin Gendron Entrepreneurial Scholars program (WGE) is an incredible opportunity for a small cohort of students to gain additional leadership, mentoring, and networking opportunities while expanding their entrepreneurial horizons. It will open many doors and bring value beyond the classroom. Please direct any questions to Julie Messing at julie.messing@cmich.edu.

    University Innovation Fellows

    Application opens Jan. 1, 2025 - March 14, 2025

    The University Innovation Fellows Program is a unique program that empowers students to be changemakers on CMU’s campus through special training and education from Stanford University’s Hasso Plattner Institute of Design. The University Innovation Fellows program is open to all Central Michigan University students.

    UIF students are a group of high-achieving individuals who are willing to step up and solve challenges on campus. The UIF pro­gram provides the tools to make that change effective. Fellows ex­perience a training program, share ideas, attend meetups and participate in a once-in-a-lifetime conference at a partnered university. The program prepares and empowers students to be ‘change­makers’ and culminates in a special student-led project.

    PROGRAM APPLICATION PROGRAM WEBSITE

      Learn more about becoming a Fellow in CMU's 5th cohort - entrepreneurial mindset, campus changemaker, network, connect with peers and leaders around the globe, travel and other expenses are included (no out of pocket for you). Applications are open through March 14, 2025.We will walk each applicant through the process. Learn more by exploring the University Innovation Fellows program website.

      Learn more

      New Venture Challenge Faculty Fellows

      Applicants can sign up throughout the 2024-2025 academic year.

      A program to recognize faculty that apply and develop expertise in co-curricular settings and for their support of students through guidance and participating in programs & events that elevate student entrepreneurs, such as the New Venture Competition (NVC). Fellows must contribute in established NVC programs, workshops and special events along with being an advisor to multiple student venture teams at workshops and other times as appropriate/needed. Approximately 50 hours may be achieved advising alone, or in combination with mentorship.

      Award design:

      • Awarded annually based on contributions/time
      • CBA Deans Office will award $1,000 of professional development funds to CBA faculty achieving this designation
      • Subject to approval of the faculty’s Dean, CBA Dean’s office will award $1,000 of professional development funds to non-CBA faculty achieving this designation
      • Qualification requires~ 50 hours of contribution

       

        Entrepreneurship Faculty Fellows Program

         

        Purpose: To recognize faculty that apply and develop expertise in co-curricular settings and for their support of students through guidance and participating in programs & events that elevate student entrepreneurs, such as the New Venture Competition (NVC).

        Goals

        1. Increase number of faculty mentors & advisors
        2. Broaden range of skills and experiences of faculty mentors available to help students
        3. Provide options for both advising and mentoring opportunities that best fit faculty expertise and interest
        4. Create incentives for faculty to prioritize and invest their time in this program

        Award design and requirements

        • Awarded annually based on contributions/time
        • CBA Deans Office will award $1,000 of professional development funds to CBA faculty achieving this designation
        • Subject to approval of the faculty’s Dean, CBA Dean’s office will award $1,000 of professional development funds to non-CBA faculty achieving this designation
        • Qualification requires~ 50 hours of contribution

         

        NVC Faculty Fellows program requirements

        Advising opportunities- contribute in established NVC programs, workshops and special events along with being an advisor to multiple student venture teams at workshops and other times as appropriate/needed. Approximately 50 hours may be achieved advising alone, or in combination with mentorship.

        Attend several from the following events (2024/25 dates):

        NVC Kick-off & Ideation – 2 hrs

        Fall Mentor Meetups 1 and 2 – 4 hrs each

        Fall Workshops – up to 4 hours

        Global Entrepreneurship Week (GEW) events – up to 4 hrsPitch Prep – 2 hrs

        Moderate/assist in Make-A-Pitch – 4 hrs

        Guidance and support at various IBIE events & speakers – up to 4 hours

        Spring Mentor Meetups 3 & 4 – 4 hrs each

        Spring Workshops – up to 4 hours

        Spring/Fall Hackathon – up to 12 hrs

        Other Spring prep and mentoring sessions – up to 6 hrs

        Moderator/assist in April NVC event – up to 12 hrs

        Total hours available 72


        Mentorship opportunities - contribute in selected NVC programs, workshops and special events along with being a mentor for student venture teams. Approximately 50 hours may be achieved mentoring alone, or in combination with advising.

        • Attend selected events (from above list) to achieve minimum of 25 hours
        • Mentoring student teams typically requiring 1-2 hours per week, starting as early as October and especially during the Spring semester (J-F-M-A) leading up to the mid-April NVC event. Total expected hours 25.

         

        Note: This program may align to Section F.3 regarding maintenance of AACSB IP Status, subject to approval of your administration.

        Additional details of the commitment involved are available from Julie Messing, Director of the Entrepreneurship Institute. julie.messing@cmich.edu

        Contact Julie Messing

        UIF provides a place for people to be optimistic about the future. It gave me the confidence to make a real change in the world.