Skandalaris Center for Entrepreneurial Studies

Managing Director: Kenneth Harrington

Home Page: http://www.sces.wustl.edu/

Thanks to the generous support of the Skandalaris family, the Olin School of Business continues to develop one of the outstanding entrepreneurship programs in the country. Drawing upon the successful programs administered through the Center for Experiential Learning, Olin's Skandalaris Center for Entrepreneurial Studies (SCES), formerly known as the Skandalaris Entrepreneurship Program, supports student learning and career pursuits while serving the University and community.

News Stories & Tip Sheets:

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Entrepreneurs changing lives Kiva microfinancer Jessica Jackley to deliver talk on entrepreneurship; kick off competitions Sept. 4, 2009 -- Jessica Jackley, co-founder of Kiva, the Internet-driven microfinance organization that connects lenders with budding entrepreneurs, will deliver the Assembly Series/Skandalaris Lecture at 5 p.m. Thursday, September 17 in Simon Hall's May Auditorium. The event is free and open to the public. This is the kickoff event for the Skandalaris Center's annual business plan competitions: the Olin Cup, and the YouthBridge Social Entrepreneur and Innovation Competition.

Future for aspiring non-profit entrepreneurs is bright in St. Louis Social enterprise competition gets renewed funding; changes name Sept. 2, 2009 -- The Social Entrepreneurship and Innovation Competition (SEIC) enters its fifth year with a new name in recognition of a St. Louis community foundation. The competition offers mentoring, business advice and workshops for social enterprise start-ups. Contestants in the seven month-long competition must pass several hurdles before investment awards, totaling thousands of dollars, are announced next spring for the most promising ventures.

Social entrepreneurs receive awards totalling $150,000 Five local ventures win seed money in competition April 27, 2009 -- The largest award pool for social entrepreneurship in the U.S. was split five ways on April 23, 2009 when winners of the Social Entrepreneurship and Innovation Competition were announced at Washington University in St. Louis. The five finalists were chosen from an original field of 42 entrants and represent diverse ventures with missions to provide educational and cultural and vocational training.

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Faculty Experts:

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Clifford Holekamp Senior Lecturer in Entrepreneurship Holekamp Cliff Holekamp grew up in Los Angeles, and worked as an account executive for IBM in Tennessee. Since coming to St. Louis in 1999, he has been a founder or board member of several start-up businesses in the fields of healthcare, retail, real estate, and education. In 2007, Professor Holekamp sold controlling ... Expertise: entrepreneurship Direct contact: (314) 935-6342 / holekampc@wustl.edu

Anne Marie Knott Associate Professor of Strategy Professor Knott's research examines the optimal environment and policies (economic, industrial and firm) for innovation. This interest stems from issues arising during an earlier career in defense electronics at Hughes Aircraft Company. Expertise: entrepreneurship, industrial organization, technology management, management strategy Direct contact: (314) 935-4679 / knott@wustl.edu

Kenneth Harrington Managing Director of Skandalaris Center for Entrepreneurial Studies Harrington Mr. Harrington spent over 25 years in the telecommunications and information technology business. He has been a senior executive for five start-up companies and has also been involved with turn-around and roll-up consolidations in the technology industry. He is currently the Senior Lecturer in Entrepreneurship ... Expertise: entrepreneurship, economics, telecommunications industry, life sciences industry, international development Direct contact: (314) 935-9134 / harrington@wustl.edu

Barton Hamilton Robert Brookings Smith Distinguished Professor of Entrepreneurship Hamilton Download Hamilton has directed the Hatchery™ Entrepreneurship Program at the Olin School of Business. Before joining Olin, he was an assistant professor of economics at McGill University for five years. In addition to being an expert on entrepreneurship, he also expertise in the economics of health and aging, ... Expertise: applied microeconomics, econometrics, entrepreneurship, health economics, labor economics, efficacy of HIV treatment, advanced infertility treatment, … Direct contact: (314) 935-8057 / hamiltonb@olin.wustl.edu

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Related News Clips:

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Vacation: What the Heck Is That? MSN Money June 26, 2009 -- Not taking some R&R could leave you carrying some heavy baggage down the line, bringing you and your company down. WUSTL entrepreneurship specialist Clifford Holekamp advises that shorter vacations are less stressful for small startups that are "very dependent on the founder to run the day-to-day operations."

How to Win a Business Plan Competition The New York Times June 11, 2009 -- Since their advent in 1984, more than 50 American colleges and universities host business plan competitions, yielding prizes worth more than ever. Still, it's really not about the money, says Cliff Holekamp, a senior lecturer in entrepreneurship at WUSTL's Olin business school, which hosts multiple competitions, including the recently introduced Social Entrepreneurship and Innovation Competition, a do-good variation with a $150,000 prize pool.

When Second Really Is the Best U.S. News & World Report online June 10, 2009 -- In industry after industry, entrepreneur after entrepreneur is saying the same thing: Being first can surely be an advantage, but so can being second. Those who follow a market leader can actually be more successful in most cases, says WUSTL business strategy professor Anne Marie Knott, who discusses second-to-market advantages on the first day of her entrepreneurial studies class.

Resources for students looking to start a business Chicago Tribune Aug. 20, 2007 -- There is a growing number of college students interested in starting a business. Experts point to a growing skepticism about job security as one of the motivations. The Internet also has helped, making it possible to set up and run a business from a dorm room at a fraction of the cost of renting office space. Article offers some pointers, such as using college resources. For example, WUSTL runs an entrepreneurial program that gives students access to advisers, storefront space and other useful tools, including information on raising money and paying taxes.

Entrepreneurship 101 The Wall Street Journal March 19, 2007 -- Hundreds of U.S. colleges and universities have awakened to the fact that many of their graduates are likely to work for themselves someday. Many are bolstering their courses and extracurricular activities for aspiring entrepreneurs and helping students create businesses before graduation. And many campuses are teaching entrepreneurship beyond the business school, to get students in other disciplines interested in business development. Ken Harrington, managing director of WUSTL businss school's Skandalaris Center for Entrepreneurial Studies, talks about our program.

The Skandalaris Center for Entrepreneurial Studies plays an important role in the local entrepreneurship community. Beyond training students to lead businesses in the future in order to strengthen the labor pool, the SCES fosters networking, supplies resources for ideas to mature, and provides a forum in which these ideas can partner with venture capital. As an early resource along the idea-to-business path, the Program acts as a funnel through which the idea starts on its way to becoming a business. In this role, the SCES serves the needs of both upstream and downstream "customers," with several customers appearing in multiple roles along this journey.

Note: As of June 5, 2004, the Skandalaris Entrepreneurship Program (SEP) will be known as The Skandalaris Center for Entrepreneurial Studies (SCES).