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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.

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

      Lancaster appointed Provost and Executive Vice President

      by Ari Harris

      Central Michigan University President Neil MacKinnon has announced the appointment of Paula Lancaster to the provost/executive vice president role. Lancaster has been serving as interim provost since last fall.

      “Dr. Lancaster has demonstrated remarkable leadership and has been a calm, steadying presence during a period of significant transition at CMU,” MacKinnon said. “She has offered me valuable guidance in my new role, and she provides the same thoughtful, strategic support to our academic leaders, faculty and staff.”

      In accordance with the university’s search waiver policy, MacKinnon chose to forgo a formal search to fill the provost’s position. Noting the number of senior officer positions currently filled by interim leaders and current efforts to achieve strategic plan priorities, MacKinnon said continuity of leadership and stability in the Office of the Provost were important considerations in his decision.

      A woman in academic regalia stands at a podium at a graduation ceremony.“Dr. Lancaster’s qualifications, leadership and expertise make her an outstanding candidate for the provost’s position, and we are fortunate she has accepted this appointment,” MacKinnon said. “Under her leadership, we have made progress on a number of key priorities and initiatives, and I know she will continue to help CMU grow in reputation and quality.”

      Lancaster accepted the role of interim provost in September 2024, following the departure of former Provost Nancy Mathews. In the months since, she has led the academic division’s efforts related to strategic planning and other university-wide initiatives. She became CMU’s provost and executive vice president effective February 1, 2025.

      Prior to stepping into this interim position, Lancaster was dean and professor in the CMU College of Education and Human Services, leading and supporting 120 faculty, 40 staff, 40 academic programs and six academic centers, as well as hundreds of students. Since her tenure began, enrollments in CEHS have increased and faculty and programs within the college have been recognized for excellence nationally and internationally. 

      MacKinnon said these previous achievements, including her extensive experience in program development and assessment, innovative programming across the college, as well as national grants for research and service, were among her many qualifications to serve as CMU’s next provost. She has served as the principal investigator of CMU’s single largest current grant, a $15 million Department of Education grant to address the rural teaching shortage, and serves as a role model for faculty who are pursuing their own research and creative activity, MacKinnon said.

      “Serving alongside so many dedicated, knowledgeable and talented colleagues in my capacity as the dean of CEHS and as interim provost has been an absolute honor,” Lancaster said. “I am grateful for this opportunity to continue to serve CMU, our students, our faculty and staff, and our greater university community.”

      Lancaster joined CMU in July 2020 as a professor and dean of the College of Education and Human Services. Prior roles include chair of the Department of Special Education, Foundations and Technology and chair of Teaching and Learning, both at Grand Valley State University, where she also was director of the teacher education program and a professor for nearly 20 years. 

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