Not everyone wants to work for someone else. In fact, 25% of all new entrepreneurs come from the 20 to 34 year old category (Kauffman Index of Entrepreneurial Activity). The entrepreneurship program therefore prepares students for the eventual start-up of their own business, with exposure to all facets of business, so that an entrepreneur will know how to proceed successfully in business planning, securing financing, and planning and executing growth and exit strategies for the new venture. The entrepreneurship program is also suited to “intrapreneurs,” or those creative, innovative minds which can work ideally within the structure of an already established large or small business.
The entrepreneurship program requires students to select their major requirements from three disciplines including Accounting/Finance, Business, International Business, Marketing, and Management, as well as a compulsory internship in a small business. In this way, entrepreneurship students can design a customized program that best suits their needs and future employment goals. Further, the Lukenda School of Business and the School of Engineering have formed a partnership through the local SmartZone, where LSSU students have the unique opportunity to dispense both technical and business advice to actual and prospective entrepreneurs.
The Bachelor of Science, Business Administration – Entrepreneurship is accredited by the Accreditation Council for Business School and Programs (ACBSP).
Prof. Valerie Philips’ Entrepreneurship class presents their marketing plan for a new productinnovation formulated by a client of the Product Development Center – a partnership between LSSU’s Engineering and Business Schools, is located near campus to provide start-up advice, planning, and incubator services to entrepreneurs.
Percentage 18 to 34 year olds who wanted to start a new business or had already done so
Did you know?
According to the U.S. Small Business Administration, small businesses have generated 64% of new jobs during the past 15 years and employ more than half of all private-sector workers.
Small businesses are responsible for new ideas and products. The SBA estimates that small businesses hire 40% of high-tech workers such as scientists, engineers, and computer programmers to assist in this new product development.
Small Business Owner (98% of all U.S. companies are considered small businesses)
Small Business Manager
Small Business Advisor or Counsellor
Government Agency professional, such as the Small Business Administration (SBA)