Wednesday, May 09, 2007

Free Entrepreneurial Tuition

I’ve studied and written numerous times about the Kalamazoo Promise, which has been copied by Newton, IA and El Dorado, AR. It is a program to pay the college tuition for anyone who goes to the local schools in those towns. I see it as a huge economic development tool, focused upon the future.

The Michigan Spirit of Entrepreneurship Initiative is a proposal to offer free tuition to students of any age who take a college course in entrepreneurship and offers grants to encourage students to participate in programs like Junior Achievement, aimed at high school students.

Every town might not be able to offer free tuition to every student in their schools, but I’m guessing that everyone should be able to figure out a way to do so for entrepreneurial education.

Imagine the impact that this could have in the development of new businesses for the future. New businesses in your hometown!

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