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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!

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.

      Students compete to win cash prizes at the New Venture Challenge

      by Kaye Reimers

      Flexible cleats, chip dispensers and a rural healthcare nonprofit were a few of the 40 new ventures pitched at the New Venture Challenge last Friday, April 19 at Central Michigan University. CMU senior Lawai’a Brown took home the top high growth award and the overall award with his venture, Dominator Cleats for a total of $20,000. 

      During the day, fifty-five esteemed judges descended on campus to determine who would win over $100,000 in total awards and which lucky venture would walk away with the $20,000 for the overall best venture award. The top nine teams in the full presentation categories of Main Street, Social Mission and High Growth, presented a 10-minute pitch on their business in French Auditorium. A panel of judges offered feedback and asked tough questions. Meanwhile, over in the Bioscience Atrium, 30 venture teams pitched to judges in the 2-minute Elevator Pitch competition. The top six elevator pitch teams went on to a final round in French Auditorium.  

      NVC 2024 also marked the introduction of a new competition category called Alternative Entrepreneurial Pathways powered by Doug Parker, as well as several new prizes. Teams had the chance to snag up to $5,000 each with the Campus Impact, Doug Parker Rural Impact and Bob Larson Creativity awards.  

      After the full presentation and elevator pitches concluded, over 300 guests headed to the Bioscience Atrium to enjoy a strolling dinner and to view the presenting student teams and creative student projects in the venture gallery and innovation showcase. Over 100 student entrepreneurs networked with industry leaders and entrepreneurs. The showcase included student-designed clothes from Threads Fashion Show, a student-run record company, a student-built race car and student-created videogames and animated shows. The audience voted on their favorite displays in both the venture gallery and innovation showcase. 

      Emotions ran high in the awards ceremony, as student teams waited to hear who would walk away with top cash prizes of the night. Overall venture winner Lawai'a Brown said, " I had a great experience at the NVC. I was able to meet so many successful people that shared a lot of great insights and feedback. It was a great environment to be in. It really embodied the strong culture of CMUs family. Even though it was a competition, the support we had to each other was incredible. Everyone wanted the best for each other's venture."

      Congratulations to all competitors!

      NVC Overall Winner 

      The Morey Overall Best Venture $10,000 - Dominator Cleats, Lawai'a Brown 

      NVC Full Presentation Winning Ventures

      High Growth Category

      The Korson Family Highest Growth Potential $10,000 - Dominator Cleats, Lawai'a Brown 

      The Reed Family 2nd Place $5,000 – Buff Co., AJ Kostic 

      Kristie Nystedt 3rd Place $2,000 – CHXPT, Rocio Costilla & Marisa Lopez 

      Main Street Category

      Kulhavi Top Main Street $10,000 – HappyPets, Maxwell Grubaugh 

      Isabella Bank 2nd Place $5,000 – Tides & Tiaras, Alina Krasinski 

      Clyde and Jessica Rucker 3rd Place $2,000 - Northwoods Music, Jacob Mcleod 

      Social Mission Category 

      Best Social Mission $10,000 – Atti Naomis Foundation, Omomoemi Agbegha 

      2nd Place Social Mission $5,000 - Lead You Home, David Abilez 

      3rd Place Social Mission $2,000 - SustainaBowl, Meenakshi Cheella 

      Alternative Entrepreneurial Pathways Winner 

      Doug Parker Alternative Entrepreneurial Pathways Award $5,000 - Restoration 1 Detroit, Gavin Kushmaul  

      Special Award Winners 

      Bob Larson Creativity Award $5,000- The Roxie, Mela Hammond 

      Doug Parker Rural Impact Award $5,000- Tides & Tiaras, Alina Krasinski 

      Campus Impact Award $5,000- College Coffee Co., Nicholas O’Brien 

      Skornicka Accounting Services Award in-kind- Northwoods Music, Jacob Mcleod  

      Middle Michigan Development Corporation Investor Award $2,000 and in-kind- Star Leaf Botanicals, Ian Becker  

      Venture Gallery Winners

      Top Venture Gallery $4,000 - Lead You Home, David Abeliz 

      Team Financial Group, Inc. 2nd Place $2,000 - Crcl, Derek Ballas & Joshua Lim 

      3rd Place Venture Gallery $1,000 - Mane Attraction Retail, Mackenzie Good 

      (2) Brenda & Dennis Buckler Honorable Mention of $250 each-  PolarFlex, Mitchell Metiva |  Rasegan Outdoor Company, Robert Rasegan 

      Elevator Pitch Winners

      1st Place Elevator Pitch $4,000 - Edgewater Estate Management, Trevor Shuman 

      2nd Place Elevator Pitch $2,000 – The Roxie, Mela Hammond 

      3rd Place Elevator Pitch $1,000 – Porta-Wall, Markus Shannon  

      (3) Honorable Mention Elevator Pitch of $250 each – K-Temp, Kenneth Tate | Raygun Digital Media, Justin Miller | MapScratched, Carolina Hernandez-Ruiz 

      Audience Choice Winners

      Greg & Sue Cocke Top Venture Gallery $1,000 - CHXPT, Rocio Costilla & Marisa Lopez 

      Team Financial Group, Inc. Top Innovation Showcase $1,000 - Threads Fashion Show 

      Team Financial Group, Inc. Runner-Up Venture Gallery $500 – SustainaBowl, Meenakshi Cheella 

      Team Financial Group, Inc. Runner-Up Innovation Showcase $500 – Chippewa Racing FSAE, Nathan Holder, Alec Reilly, Nolan Mango, Matthew Wakulsky, Temirlan Jandaliyev, Breckin Prichard, Kyle Kieser, Ethan Williams, Williams Lyons.  

      Questions?