University of North Carolina at Chapel Hill

Chapel Hill, North Carolina

Carolina Entrepreneurial Initiative

Kenan-Flagler Business School

CAROLINA CHALLENGE


Undergraduate students organize and direct UNC-Chapel Hill’s Carolina Challenge, an annual business-plan competition open to teams that have at least one UNC student or faculty or staff member.

Teams compete for $50,000 in cash prizes with their ideas for new commercial and social ventures.

Competitors get help in planning and presentation skills from a range of training and support activities, including a business-plan boot camp, presentation workshop, legal issues clinic and opportunities to observe real venture-capital presentations. Winners are chosen by panels of entrepreneurs, venture capitalists, philanthropists and foundation executives.

The competition has spawned many new ventures created by undergraduates, who graduate from UNC-Chapel Hill and go straight to work for their own companies. Among them: New Media Campaigns, an Internet solutions provider; SizeMeUp, a Web-based tool for retailers that helps online shoppers choose correct clothing sizes; and Nourish International, a nonprofit that organizes campus chapters nationwide to fight global poverty and hunger.

Entrepreneurship for Every Student

Entrepreneurship for Every Student

PROGRAM AWARDS & RECOGNITIONS

  • 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

STUDENTS in every academic area, from liberal arts and sciences to business, can participate in entrepreneurship education at the University of North Carolina at Chapel Hill, named “America's Most Entrepreneurial Campus” by Princeton Review and Forbes.com.

Through a unique collaboration of the Carolina Entrepreneurial Initiative and Kenan-Flagler Business School, UNC-Chapel Hill undergraduates can pursue:

  • Entrepreneurship education and experiential learning opportunities in every discipline.
  • Research into the factors that contribute to entrepreneurial success and how entrepreneurial practices and principles apply to any discipline.
  • Career and launch support for serious entrepreneurs who are ready to start new ventures of all kinds – commercial, social, artistic and scientific.

A major research university, UNC offers students instruction from leading scholars in every discipline who are actually creating the knowledge about what drives entrepreneurial success.  
Every program taps a network of successful entrepreneurs, many of them Carolina alumni, giving students unparalleled access to leaders of many of today’s most innovative organizations, from Hulu to iContact to Make It Right.

UNC’s location in the innovation-rich Research Triangle Region of North Carolina places students who are seriously interested in starting new venture squarely in the middle of one of the nation’s entrepreneurial hotspots.

Entrepreneurship Curricula

Students enrolled in UNC’s Kenan-Flagler Business School may pursue a Bachelor of Science in Business Administration with a concentration in entrepreneurship. It requires a minimum three courses and nine credit hours, with courses ranging from New Ventures Analysis and Professional Selling Strategies and Skills to Marketing Research and Entrepreneurial Finance.

Undergraduates in the College of Arts and Sciences may complement their major area of study with a minor in entrepreneurship. Students get a basic understanding of what is involved in starting a new business or nonprofit and practice developing a detailed business plan. The minor offers tracks in commercial, social, artistic and scientific entrepreneurship. A required internship places students in innovative companies from the Research Triangle Region to Beijing.

Experiential Education

UNC-Chapel Hill is a nationally known for innovative, high-impact student programs that take education outside the classroom and connect students with entrepreneurial leaders.

The Carolina Entrepreneurial Initiative extends entrepreneurship education across campus to teach students in all majors, not just business, how to transform their ideas into new businesses and nonprofits.

The Carolina Challenge, UNC’s student-led entrepreneurial business plan competition, offers $50,000 in cash prizes for teams of students, faculty and staff who compete with their ideas for new businesses and nonprofits.

Carolina Entrepreneurship Club, open to all UNC students, sponsors campus speakers and organizes activities, including the undergraduate Venture Capital Investment Competition.

First Year Seminars in Entrepreneurship offer incoming freshmen an opportunity to delve deeply into selected topics related to entrepreneurship with senior faculty in many liberal arts and sciences disciplines, such as “Economic Saints and Villains: The Entrepreneurial Spirit in Early English Literature” and “Intuition, Initiative and Industry: Biologists as Entrepreneurs.”

GLOBE exposes high-performing undergraduate business students from UNC, Copenhagen Business School and Chinese University of Hong Kong to global models for entrepreneurship and finance.

Launching the Venture offers courses, workshops and expert coaching to help UNC entrepreneurs market test their ideas for new ventures and prepare to launch those that are viable.

Venture Capital Investment Competition puts student teams in the role of venture capital firms, analyzing business plans proposed by real entrepreneurs seeking funding, and evaluated by real venture capitalists.