No specific eligibility in terms of degrees, GPA, etc. What is required: an idea for a business and a dedication to that idea to work hard on it.
If you’re a UMKC student, you are able to take E-Scholar for credit at the undergraduate and graduate level. Undergraduates can earn credit for ENT 329 and graduate students can earn credit for ENT 5529. You can take it for 3 or 6 credit hours. The admission fee to E-Scholars is waived for students and their venture partners. Students will, however, have to pay the UMKC tuition and fees for the course credit they’re taking. If you are talking E-Scholars for credit, but your venture partner(s) are not, that’s completely okay! As long as one partner is a UMKC student, the admission fee is waived.
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.
We accept up to 25 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.
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.
We admit new cohorts to the program each August and January. Classes are Tuesday and Thursday afternoons. There are a couple of other sessions which take place on Friday mornings. Each venture is also expected to present and pitch their venture routinely throughout the program. In addition to this program time, we’ve found that the most successful ventures are dedicating at least 15 hours per week to working on their venture. However, you don’t have to quit your day job; almost all of our founders still have jobs as they work to get their ventures from idea to launch and then from launch to growth.
The Regnier Institute underwrites a majority of the program costs (approximately $5,000) for each venture. The underwriting is made available thanks to support from the Ewing Marion Kauffman Foundation, the Bloch Family Foundation, the Regnier Family Foundation and other generous partners. The remaining program costs must be covered by the venture in one of the following ways:
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.
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.
Workshops happen on a weekly basis and are designed and administered by entrepreneurs from the startup community, other entrepreneurship support program leaders, and experienced faculty from the Regnier Institute.
The workshops cover critical aspects of creating and managing a new entrepreneurial venture. These include competition, branding, marketing, operations, sales, finance as well as funding strategy, legal issues for startups and more.
The first cohort of E-Scholars graduated in spring 2011. We had over 12 cohorts and 300 ventures complete the program. A short list of some of the companies that are alumni of the E-Scholars program include Insysiv, Lending Standard, RFP 360, Integrated Roadways, Patients Voices, Mobility Designed, WizeWebz, Strange Days Brewing, TicketRX and many, many more.