This Crotty Center video shows the experience of a group of University of Dayton Sophomores who created a micro business for their Sophomore Entrepreneurial Experience.
Sophomore Entrepreneurship majors take the highly popular two sequence course, where the students generate ideas for a company, form teams, attend two semesters of entrepreneurship class lectures, start their own micro businesses and operate the companies for the entire academic year. Each team receives $5,000 of venture capital from the University. At year end the students close the companies, liquidate any remaining inventory and repay the University its startup capital. Additionally, students donate part of the generated profit to charity, with the remaining profit paying part of the cost of attending the National CEO Conference the following year.