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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.

      New Venture’s new adventure

      by Sanjna Jassi
      CMU’s annual New Venture Competition moves online to provide students the opportunity to continue to develop their business ideas.

      ​A first-ever online version of Central Michigan University's annual New Venture business pitch competition provided students the opportunity to continue to develop their business ideas and compete for startup funding during the pandemic.

      For the online competition, 25 student teams from CMU and Michigan Technological University chose to compete in categories of two-minute pitch videos or 10-minute pitch videos with slides. Students also prepared an executive summary and financial summary for their business.

      Watch the ventures pitch or review the executive summaries and financial summaries. You also can watch the awards ceremony.

      Many of the student teams that competed have participated in New Venture programs including workshops over the past eight months and spent countless hours formulating and refining their ideas, value propositions and ventures.

      Competitors also will be invited back to compete in the 2021 New Venture Competition even if they have graduated. In fact, a couple of the sponsors have committed to funding additional awards next year specifically for the New Venture Online Competition participants.

      Here are the winning student ventures:

      Two-minute pitch

      • Micro Outdoors, 1st place, $5,000
      • OffGrid, 2nd place, $2,500
      • SoundCup, 3rd place, $1,000
      • Traveling Tailgate and NLP Licensor, honorable mentions, $750

      10-minute presentation

      • F.O.C.U.S., 1st place, $7,500
      • FreightMate, 2nd place, $3,000
      • Nottawa Docks LLC and Small Business Brain, 3rd place (tie), $1,750
      • SwimSmart, honorable mention, $1,000

      Questions?