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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.

      Simulated business, real jobs

      by Sanjna Jassi
      Central Michigan University alum Lexi Lang is returning to her alma mater to coach students competing in the ERPsim Invitational Competition.

      ​Less than one year after her graduation from Central Michigan University, Lexi Lang is returning to McGuirk Arena. Only this time, instead of a cap and gown, she'll be wearing a Blue Cross Blue Shield of Michigan polo shirt. And instead of accepting a diploma, she's hoping to walk away with a trophy – and possibly a new colleague or two.

      ​Lang is one of dozens of professional mentors coming to coach, encourage and cheer for CMU students participating in the annual ERPsim Invitational Competition Feb. 13. She has been working with a team of students for several weeks in preparation, offering them advice and tools for success.

      ​She feels well-prepared for the job: Not long ago, she was sitting in the same seats they will soon occupy.

      cut-lexibcbsteam
      Lexi Lang, third from the left, participated in the 2019 ERPsim as part of a BCBSM team.

      Practice for the future

      As a student, Lang competed twice in the daylong business simulation, working with teammates and mentors to run a mock business in real time using SAP business software.

      "The ERPsim is one of the closest things you can get to a real-life situation," she said.

      She and her teammates practiced in class and during sessions with their professional mentors, and she participated in the Student User Group and joined Women in Technology.

      All of the activities helped her develop a wide range of professional skills she uses on the job every day as a systems analyst in BCBSM's IT Corporate Services: communication, critical thinking, problem-solving and teamwork.

      Get to know employers

      Lang says her current job is a direct result of participating in the ERPsim. In her second year competing, Lang served as the communications liaison for a team from BCBSM.

      Following weeks of practice with her team mentors, Lang submitted an application for employment.

      "On competition day, before I even opened my laptop, the talent acquisition manager approached me and offered me a full-time position," Lang said.

      cut-lexiwithteens
      Lang, far right, coached teens during CMU's fourth annual high school ERPsim event.

      Bill Fandrich, senior vice president and chief information officer at Blue Cross Blue Shield of Michigan, said the competition is an annual highlight for the company.

      "For the past seven years, the event has provided us with the opportunity to observe students as they work together to navigate tough scenarios and uncover creative solutions in a fast-paced and forward-thinking environment, much like our corporate day to day," he said.

      Career-ready competitors

      Lang was one of several students who received an internship or job offer from BCBSM that day; dozens of others received similar offers from other participating companies.

      Steve Tracy, director of CMU's SAP University Alliance and business information systems faculty member, said it's a common occurrence during competition week.

      "Some companies come in the night before the competition, some stay to attend professional networking nights after the ERPsim, and many more attend the Alpha Kappa Psi career fair the following day," Tracy said.

      "Many of them come with the intent to hire a CMU student for a job or an internship. They come to recruit."

      Questions?