FAQs about BYOBiz

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Not at all. While we expect some students to be interested in Business, the program is open to all majors. Whether your major is Marketing, eBusiness, Multimedia & Graphic Design, Professional Writing, etc., you are welcome to apply to the BYOBiz program. We realize entrepreneurs come with all different kinds of passion and interests.

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No you don't. You might, but it's not required. You might have a great concept, an idea that you are passionate about or an established business. Our goal is to help you realize your personal goal even if you haven't started it yet. You will need to articulate your idea and convey your vision but you can come to Champlain and then start your business with our support.

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You don't earn credits just by entering the BYOBiz program, but you have opportunities to earn credits as you pursue your business. Each participating major is handled differently, but by using your business for project coursework and/or internships you effectively accrue credits for establishing, running and growing your business.

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Yes. The first step is to apply and be accepted to the academic program for your selected course of study; concurrently you can complete the additional materials for the BYOBiz program.

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BYOBiz exists to help Champlain students explore entrepreneurship in a hands-on way.  We will work with any student with an interest in entrepreneurship. Many students come to BYOBiz with a business that has already been operating at some level, but more often students come with nothing more than idea, an insight about something that interests them, that could potentially become a "big" business-or maybe just a fun business that could make some money. 

We will help you find answers to three important questions:

  1. Is the idea a good business idea?
  2. Is it a good business idea for you?
  3. Is it a good business idea for you - right now?

If you find affirmative answers to these questions you may want to move forward, at a pace of your choosing to develop the business idea into a business. Even if you decide not to pursue that particular idea, you will have gained important skills and insights that will serve you well when the next "big idea" comes along-and it will. We have had students in BYOBiz who over several years may have evaluated numerous ideas before going forward-or not.

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We'll help you plan for your company's financial needs and do the early "bootstrapping." When you are ready, we will help you get in touch with angel investors and other potential investors. We will help you understand what they need as potential investors, how the process works, and perhaps when you are ready, they may invest in your company.

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