University of North Carolina at Chapel Hill

Chapel Hill, NC

The mission of the University of North Carolina at Chapel Hill is to serve all the people of the state, and indeed the nation, as a center for scholarship and creative endeavor. The university exists to teach students at all levels in an environment of research, free inquiry, and personal responsibility; to expand the body of knowledge; to improve the condition of human life through service and publication; and to enrich our culture.

UNC-Chapel Hill maintains a culture, climate and community that enable students, faculty and staff to use entrepreneurial principles and practices to be more successful in whatever endeavor they pursue. In addition, it offers experiential education, research and venture-creation programs that help students, faculty and staff transform their ideas into new enterprises that create value: commercial, social, artistic and scientific.

Launching the Venture:
A three-part series of instruction and coaching admits teams of students, faculty and staff entrepreneurs who are serious about launching a new business or nonprofit. Phase one evaluates the market feasibility of the idea. Phase two takes those with high potential through the business planning process. The final phase helps those who need it learn to attract venture capital. A pre-launch course on business fundamentals supports entrepreneurs who do not have formal business training with their application to the program.

Carolina Challenge:
UNC’s student-led, entrepreneurial business plan competition awards $50,000 in cash prizes each year to teams of students, faculty, staff and students who compete with their ideas for new commercial and nonprofit ventures.

Minor in Entrepreneurship:
Liberal arts and sciences students can explore the process of transforming their ideas into reality in this academic minor offered by the Department of Economics in the College of Arts & Sciences. It is a complement to the concentration in entrepreneurship available to students enrolled in the Bachelor of Science in Business Administration program at Kenan-Flagler Business School.

GLOBE:
This innovative global entrepreneurship program is offered to high-performing undergraduate business students from UNC and two top global university partners: Copenhagen Business School and Chinese University of Hong Kong. It exposes students to global models for entrepreneurship, taking full advantage of the strength of global strategy built on a platform to optimize global capital structures.

First Year Seminars in Entrepreneurship:
These special seminars offers incoming freshmen an opportunity for intense interaction with senior faculty in a project-based format to delve deeply into selected topics related to entrepreneurship in many liberal arts and sciences disciplines. Recent seminars range in focus from “Economic Saints and Villains: The Entrepreneurial Spirit in Early English Literature” to “Intuition, Initiative and Industry: Biologists as Entrepreneurs.”

Introduction to Entrepreneurship, ECON 325:
This course provides a historical overview of the role and importance of entrepreneurship in the economy and society, a framework for approaching entrepreneurship and innovation, and exposure to the core competencies required of all entrepreneurs. The course incorporates case-studies and speakers — top entrepreneurs from across the country — to provide context for entrepreneurial topics covered in the course.

Commercial Venture Creation, ECON 327, Social Venture Creation, PLCY 326, Scientific Venture Creation, ECON 327 and Artistic Venture Creation ECON 327
These courses examine the concepts and tools needed to pursue various ventures. The courses take students through the process of creating a detailed plan for a proposed venture.

Sustainable Business and Social Entrepreneurship (BUSI 507)
This course examines sustainable business and social entrepreneurship. Readings draw from anthropology, ethics, international development, and traditional and nontraditional business practices.

Leaders and Entrepreneurs: The Men and Women Who Built American Business (BUSI 509)
This course examines case studies of men and women business leaders who developed United States businesses and an exploration of the impact of innovations, change, and the entrepreneurial spirit in American business.

Every undergraduate at UNC-Chapel Hill can incorporate entrepreneurship education into their academic major. Students enrolled in Kenan-Flagler Business School’s Bachelor of Science in Business Administration can pursue a concentration in entrepreneurship. Students in the any academic area of the College of Arts and Sciences can pursue single courses or a minor in entrepreneurship to complement their major area of study.

A list of courses may be viewed at:
http://www.admissions.unc.edu/Academics/Majors/default.html

National Leader in Specialty Entrepreneurship Education, Global Consortium of Entrepreneurship Centers, October 2008.

#4 U.S. MBA Graduate Program for Entrepreneurship, Entrepreneur magazine and The Princeton Review, 2008

One of America’s Best Colleges for Entrepreneurs, CNN and Fortune Small Business, 2008

Best Value Among Public Universities, Kiplinger’s Personal Finance, February 2007 (sixth consecutive year)

National Leadership in Enterprise Creation Award, National Consortium of Entrepreneurship Centers, 2006

#3 Top Entrepreneurial College, Entrepreneur magazine, 2005 NASDAQ Center of Entrepreneurial Excellence Award, 2005

America's Most Entrepreneurial Campus, The Princeton Review and Forbes.com, 2004

School type: Four Year, Public, Founded: 1789

Affiliation: None

Web site: http://www.unc.edu/

Student Profile:

Number of undergraduate, full-time students:
17,895

Percentage of undergraduate, full-time male students, female students:
41% male, 59% female

Number of states represented by student body:
50

Number of countries represented by student body:
57

Percentage of international students:
1.3%

Percentage of minority students:
42%

Number of students participating in entrepreneurship:
1055

Faculty Profile:

Number of full-time faculty:
3,200

Student/Faculty Ratio:
14:1

Athletics:

Athletics division, conference, number of varsity sports:
NCAA Division I, Atlantic Coast Conference, 28 varsity sports teams

Financial:

Cost of tuition:
In-State Tuition $ 3,865 Fees $1,761 Room $5,250 Board $3,420 Total: $14,296
Out-of-State Tuition $21,753 Fees $1,761 Room $5,250 Board $3,420 Total: $32,184

Percentage of students who receive some financial aid:
59%

Carolina Entrepreneurial Initiative
Frank Hawkins Kenan Institute of Private Enterprise

(Dr. John D. Kasarda, Director)
Campus Box 3440
Chapel Hill, NC. 25799-3440 USA

919-962-8201
Fax: 919-962-8202

cei@unc.edu