Students are then given the opportunity to converse with the entrepreneur both during class adn at other times during the entrepreneur's visit. This is an excellent opportunity to learn from and be mentored by those individuals who are actually in the field. In the third course of the program, students investigate the steps necessary to develop a new business and what it would take to bring this business to life. Students write three proposals regarding the creation of their new venture. These papers consist of a conceptual articulation, a business feasibility study, and a comprehensive business plan.
Students receive feedback from various faculty and senior level business students.
The conceptual articulation paper and business feasibility study must be reviewed and approved by the Prince Entrepreneurship Zoning Board prior to any furtherinvestigation. The student's business plan is then presented to the Prince Venture Capital Board for investigation. The student's business plan is then presented to the Prince Venture Capital Board for investment consideration. In the fourth course of the Program, students are required to open and operate their business for a period of time, between three months and one year. At the end of the business' pre-determined life, experienced business students audit the student's firm.