The Coleman Foundation and the Coleman Chair in Entrepreneurship in the John Cook School of Business are pleased to announce opportunities for Saint Louis University faculty to apply for Coleman Fellowships for the 2011-2012 academic year.
|Jerome Katz, Ph.D.|
Coleman Fellowships offer (subject to renewal) a one-year $5,000 stipend (with the prospect of a second year grant of an additional $1,000) to faculty to support their development of materials and programs which promote entrepreneurship to their students.
To the Foundation, "entrepreneurship" means self-employment through business ownership which has significant elements of risk, control and reward.
For most disciplines, helping students prepare for self-employment, for private practice, for taking a product commercial in their own business or for teaching others about entrepreneurship is likely to fulfill the goal of the Coleman Foundation.
The specific call from the Foundation says: Fellows will develop and implement their ideas during the following academic year (fall 2011 - spring 2012). Stipends will support the following activities in support of the Coleman Foundation definition of entrepreneurship:
- Creating an entrepreneurship class within their discipline (fall) and teaching it (spring or following fall) leading to the course becoming an ongoing offering; OR
- Modifying an existing course by incorporating elements of self-employment education to the course, leading these elements to becoming ongoing course components (The appropriateness of the modification in terms of amount and focus on practical entrepreneurship would be at the discretion of the project director, and may include team-teaching with an experienced entrepreneurship faculty member or entrepreneur); OR
- Development of experiential entrepreneurship education programs within their department; AND
- Travel costs and hotel expenses associated with attendance at the CEO (Collegiate Entrepreneurs Organization) or SEA (Self-Employment in the Arts) Annual Conferences during and after the Fellows year.
For 2011-2012, the Coleman Fellowships are intended to promote entrepreneurship across the campus and so are open to all SLU faculty outside of the business school. (Business school faculty can obtain access to other funds from the Coleman Chair).
We expect two-to-three Coleman Fellowship awards to be made in the 2011-2012 academic year. Stipends are $5,000 for the year (paid in 2 installments, $2,000 in the fall and $3,000 at the end of the spring semester).
Receiving the Fellowship means that the Fellow joins a group of over 100 faculty members across nearly two dozen campuses in the United States.The Coleman approach to the Fellowship stresses the active exchange of ideas across the Fellows group both on the campus and across the nation. To achieve this, Fellows also participate in the following.
- Attending the relevant CEO or SEA meeting (mentioned above) and encouraging students to also attend (there is scholarship money for students)
- Attending monthly "virtual networking" events from August through April hosted by the Coleman Foundation, along with the possibility of presenting their work at such a meeting, or CEO or SEA
Awardees who are on track to successfully complete their first year's activities may submit a proposal for a second-year grant of $1,000 to be used to help defray Coleman conference attendance costs and to provide a complete write-up of the work done for dissemination to other Coleman campuses.
Prior recipients of Coleman Fellowships may apply for a second $5,000 fellowship for new projects. Prior-year Fellows are eligible to apply (through their project directors) for a second full fellowship only if their first project was successful and no sooner than one year after the conclusion of their initial fellowship.
All Fellowship recipients are encouraged to use the Fellowship as a basis for related fundraising, such as SLU's Beaumont Faculty Development Fund grants, NSF or other government grants, or foundation grants including those from the Coleman Foundation. Fellows also will be able to draw on the expertise and resources of the Coleman Chair, the JCSB Entrepreneurship Program and SLU's Center for Entrepreneurship.
The Awardees will be expected to start their work during the summer or fall of 2011 with delivery of initial results no later than spring 2012 (for courses in most departments, this would be done as an "experimental course" with formal application for the course being made according to school requirements). In some instances, course delivery in fall 2011 can be acceptable.
Applications for the Coleman Fellowships will be received up to Monday, April 11, 2011, with announcements of awards by May 7. The application should include the following information:
- Description of the proposed course restricted to 250 words or less. It is extremely helpful if one aspect of this is an "if/then" statement* that simply describes the way in which program activities will lead to outcomes
- List of learning objectives for the course
- How entrepreneurship will be incorporated into the course topic
- Statement on how the course will be sustained as an offering beyond spring 2012
- Three page c.v.
- Letter of support from your department chair or dean
*Based on the Theory of Change methodology. Example: If we offer Fellowships to faculty in the Engineering and Fine Arts Departments, then students who take courses in those departments with embedded concepts of self-employment will have a greater likelihood of becoming self-employed.
In addition, the Coleman Chair hosts a monthly lunch with new and past Coleman Fellows to discuss course work, programs, and exchange ideas.
All proposals and inquiries should be sent to:
Coleman Foundation Chair in Entrepreneurship
John Cook School of Business
3674 Lindell Blvd.
St. Louis MO 63108
Also note the full Call for Proposals from the Coleman Foundation is available for download at:
Current Coleman Fellows:
- Martin Brief (Fine and Performing Arts, A&S) Entrepreneurship modules for Senior Design
- Sridhar Condoor (Mechanical Engineering, Parks) Green Entrepreneurship Minor
- Jintong Tang (Management, Cook) Entrepreneurial Opportunity Online Module
- Mildred Mattfeldt-Beman (Nutrition and Dietetics, Doisy) Culinary Entrepreneurship MS
- Stephen Wernet (Social Work) Social Entrepreneurship
- Alesia Slocum (SLU Madrid) Introduction to Entrepreneurship: An EU Perspective
Possible Entrepreneurship Concepts for Inclusion in Coleman Fellows Projects
Defining the Discipline
- Self-employment through business ownership which has significant elements of risk, control and reward
- Traits, characteristics and behaviors of the entrepreneur
Forms of Organizations
- New business start-up
- Acquiring an existing business
- Family businesses
- Opportunity Analysis and Feasibility
- Business Plans
- Funding and Financial Management (Informal capital markets -- Bootstrapping, Friends and Angels; Formal capital markets - Banks, Debt and Equity; and
- Selling and Marketing
- Legal Issues
- Growing and Harvesting