Business students receive grant from university

Business students receive grant from university

Students who are studying entrepreneurial business may be eligible for a wide range of grants and tuition assistance, as professionals in this industry often want to invest in up-and-coming projects.

For example, the Samuel Zell and Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan Ross School of Business recently awarded funding to the recipients of the Fall 2010 Dare to Dream Grant Program. This initiative gives learners the opportunity to apply for funding that could advance their business concepts toward launch. The program awards as much as $100,000 per academic year to students from the university.

"The depth of the innovations and the breadth of the industries represented by this year's teams reflect the unique environment the university offers to aspiring entrepreneurs," said Tom Kinnear, executive director of the Institute for Entrepreneurial Studies.

Grant recipients were awarded funding totaling $40,000 based on business concepts and feasibility studies submitted to panels of judges made up of past recipients of Dare to Dream funding as well as other entrepreneurial and venture capital professionals.

By Mark Danson