AU SIFE manages Anderson Business Incubator

Thu, 2010-11-11 08:18 -- univcomm
November 11, 2010

Anderson University students are now managing the day-to-day operations at the Anderson Business Incubator (ABI). The strategic partnership was created through Students In Free Enterprise (SIFE), a student run organization where students take part in business projects that seek to make a positive impact. SIFE has already begun placing Falls School of Business students in managerial positions at the incubator.

abiTeams of SIFE student interns will work with ABI businesses to establish business plan goals and to help improve new and existing business practices for the incubator’s clients. “No other SIFE team in the country is managing an incubator,” said Brad Miller, president of SIFE. In addition to assisting incubator clients, SIFE will manage the day-to-day functions of the incubator’s program. The SIFE vice president of ABI will serve as the Operations Manager at the ABI.

“This is a big win for everybody involved,” said Michael Parker, manager of the Anderson Business Incubator. “Students will get great experience working with real businesses through paid internships, and the ABI clients get crucial business development assistance. We couldn’t be happier with this arrangement. We plan to continue this project until it becomes clear that the ABI has outgrown us,” said Parker. “Eventually, we’d love for the ABI to become a business advice and assistance hub in the downtown area.”

Anderson University received $750,000 in 2003 from Indianapolis-based Lilly Endowment, Inc., for a proposal to provide students more opportunities and incentives to keep them in Indiana upon graduation. The grant came from the Endowment's "Initiative to Promote Opportunity through Educational Collaborations."

INvision AU is an education-based collaboration among Anderson University and job-creating entities, contributing directly to Indiana's innovation capacity and to creating "knowledge jobs." The activities and initiatives are also intended to strengthen and extend programs and relationships that enable Anderson University graduates to find highly desirable jobs in Indiana. For more information about INvision AU, visit the website at www.anderson.edu/INvision.

Those interested in becoming a client of the Anderson Business Incubator should contact DeWayne Landwehr of the Flagship Enterprise Center by phone at (765) 622-0800 or email at dewayne@flagshipenterprise.org.

Anderson University is a private Christian university of 2,700 undergraduate and graduate students in central Indiana. Anderson continues to be recognized as a top Christian college: in 2010, U.S. News and World Report ranked Anderson University among the best colleges and universities in the Midwest for the sixth consecutive year. Established in 1917 by the Church of God, Anderson University offers more than 65 undergraduate majors and graduate programs in business, education, music, nursing and theology. Falls School of Business is one of Anderson University’s largest academic departments offering eight undergraduate majors as well as MBA and DBA programs. The school is accredited by the Association of Collegiate Business Schools and Programs (ACBSP) and is a member of the Christian Business Faculty Association (CBFA).