- What kinds of startups does Entrepreneurship Scholars support?
The E-Scholars program supports ventures from all industries and technology types. Over the years, the program has supported businesses developing mobile apps, enterprise software, medical devices, consulting businesses, retail and restaurants, fashion businesses, not-for-profit organizations, education and many more. The common thread is that E-Scholars ventures are all, to varying extents, early-stage ventures. Most of these tend to fall more in the idea stage, seeking to launch; others have already launched in some way, but are still very early-stage and looking to create a systematic growth plan.
- How many people do you accept into each cohort?
We accept up to 35 ventures per cohort. A venture may be a single founder (at least, when beginning), or a venture may already have multiple people on the team.
- Can my business partner attend the workshop sessions?
YES! In fact, the participant in the E-Scholars program is the venture, not the individual. Thus, if your venture is admitted to the E-Scholars program, all venture founders are welcome and encouraged to attend all E-Scholars events and programming. Additionally, the program fee is per venture, not per individual.
- When is E-Scholars offered? What is the time commitment for me as a participant?
We admit new cohorts to the program each September and January.The program lasts for two semesters, so cohorts that begin in September finish in May, and cohorts that begin in January finish in December.Over the course of each semester, there are seven Saturday meetings, each lasting approximately six hours. Each E-Scholar is also expected to present at least once on a Thursday evening of their choice during the course of each semester. In addition to this program time, we’ve found that the most successful ventures are dedicating at least 15 hours/week to working on their venture.
- What is the price of the program?
Each venture must be covered under one of two engagement modes. The first possibility is to take the program for academic credit. Ventures choosing this option have at least one founder enroll in three credit hours per semester (for a total of six credit hours). Credit can be obtained at both the undergraduate and graduate level. The same fee and tuition structures apply for this option as for other undergraduate or graduate courses at UMKC.
The other option is to participate in the program as a standalone, non-academic certificate program. This option costs $1000 for the program ($500/semester), per venture. Ventures who choose to pay the full amount up front receive a discount of $200 (making the program price $800). Additionally, for any venture with at least one founder/co-founder who is a verifiable graduate (undergraduate, graduate, or professional) of any School, College, or Program of UMKC, we offer a 20% program fee discount.
- Do I have to be enrolled as a UMKC student?
No. The program is open to both UMKC students, as well as non-student community members, and students from other colleges and universities seeking to start a business.
- Are there scholarships available? If so, how do I apply?
Yes. A limited number of needs-based scholarships are available to qualified E-Scholars. To be considered for a scholarship to cover part or all of the out-of-pocket cost of the program, prospective applicants must first apply and be admitted to the E-Scholars program. Prospective E-Scholars who have been admitted to the program and want to be considered for a partial or full scholarship should then contact program leadership.
- Who leads the workshops?
The Instructional Coaches who lead the Saturday workshops are experts in their fields. Some of the Instructional Coaches are also mentors, others are UMKC faculty members, while others are expert practitioners in a specific field (for example, project management).
- What topics are covered in the workshops?
The Saturday workshops cover critical aspects of creating and managing a new entrepreneurial venture. These include design thinking, marketing, operations, sales, finance as well as funding strategy, legal issues for startups, and more.