Urban Eola

Entrepreneur University coming to Detroit

I've always thought that an entrepreneurial university would be a perfect environment for fostering creative business ideas. Dan Gilbert, the founder of Quicken Loans and owner of the Cleveland Cavaliers is starting Bizdom U, an intensive two-year, full-time program focused on encouraging entrepreneurship in and around Detroit. It's inaugural class of 10-20 students will start this January. Gilbert will commit to fund the start-up of a graduate's company with an investment of $250,000 to $500,000.

Quote from Wanted: Business Hopefuls:

For starters, he believes the most promising business leaders of the future aren't necessarily the college-bound, straight-A high school students of today. He expects his Bizdom U recruits to be 18 to 22 years of age and high school graduates with street smarts but perhaps not the temperament or the patience to slog through years of academia for college degrees.

"We love PhDs," Gilbert told me, "but a specific kind of PhD -- poor, hungry and driven!"


posted by Michael Tavani @ 11:14 AM |

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