College Entrepreneurs Work, Live Together In Frat-Style Dorm

This is similar to what Tom Serres and I are going for at UT:

By Stefanie Shaffer, University of Maryland

[…] The Hinman Campus Entrepreneurship Opportunities Program is a three-year-old living-learning venture at Maryland’s College Park campus, jointly sponsored by the engineering and business schools. Students live and work side by side in a state-of-the-art dorm inside what can best be described as a business incubator.

The program’s home feels more like the office of a Fortune 500 corporation than a traditional residence hall; there are no tile floors, concrete block walls or raucous students in sight. Instead, the lobby greets visitors with a conference room, a professional office and a computer lab, with a seminar room just down the hall and wireless Internet connectivity throughout the building.

“Because it’s a business environment, it should have a corporate look,” Thornton said.

And a corporate look it has.

The conference room – marked by the rich scent of fine leather – features a glass-topped cherry-wood conference table, high-back leather chairs, a whiteboard and telecommunications capabilities. The room is available to every student in the program via a sign-up list for meetings and presentations.

Much of the technology availed to Hinman CEOs has been donated by Avaya Inc., including cell phone technology that links students’ cell phones and dorm phones so they never miss a call.

Executive Assistant Cindy Gilbert mans the program office and provides any services a business receptionist would, Thornton said.

“Our building is really a dorm for dreamers,” said finance major and Hinman CEO Kamana Sharma. “Every apartment has an open-door policy because we all foster the spirit of entrepreneurship and that unites us all.

“If you have a business idea, you can go down the hall and find a computer science major to write up a program, go next door to find a marketing major and then run upstairs for an engineer to develop your prototype – all within a day,” Sharma said. “An idea is just an idea sparked in one individual but is ignited and actualized as a group.”

Roommates and Business Partners
Students experience the program in a broad spectrum of ways. While some students are already running their own successful businesses and have been for years, others – especially computer science and engineering majors -use the program as a business learning tool while honing their technical skills in the classroom.

[…] Current students’ majors vary and include business, engineering, psychology, computer science, math, architecture and English. There are many double majors and one triple major. Character, integrity and drive are key traits Hinman CEOs possess, Thornton said.

“Students join because they know they want to do something different and want to grow themselves and their businesses,” she said. “They don’t know the word ‘no.’ When they see a challenge, they just see a new opportunity.”

Copyright © 2004. YOUNG MONEY®

One thought on “College Entrepreneurs Work, Live Together In Frat-Style Dorm”

  1. Couldn’t be written any better. Reading this post reminds me of my old room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Thanks for sharing!

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