GEB3031wk4 - Business Plan Development Click to edit Master...

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Click to edit Master subtitle style Business Plan Development Cornerstone Course Dr. Cameron Ford
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“The answers to our problems don’t lie beyond our reach. They exist in our laboratories and universities, … in the imaginations of our entrepreneurs and the pride of the hardest-working people on earth.” Barack Obama - February 24, 2009
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Entrepreneurial Regions Prosper They realize 125% higher employment growth They enjoy 58% higher wage growth They experience 109% higher productivity Innovative regions (i.e., lots of patents) need entrepreneurs to realize innovation benefits locally Source: SBA Office of Advocacy & Edwin Lowe Foundation, #256
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Entrepreneurs in Central Florida 91.4% of firms in the four-county Orlando MSA employ fewer than 10 employees 37.5% of employees in the four-county Orlando MSA work in companies that employ fewer than 10 employees (compared to 31.9 nationally) Source: YourEconomy.Org presented by the Lowe Foundation
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Florida is Entrepreneur Friendly 5th ranked for Net Firm Entrants 7th ranked for Overall Entrepreneurial Vitality 12th ranked Kauffman Entrepreneurial Index 13th ranked for Self-Employment 15th in University Spinout Businesses Source: Michigan Entrepreneurship Scorecard, 2008-2009
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Entrepreneurship Can Be Learned Entrepreneurship program graduates in one study earned 27% more in annual income, and accumulated 62% more assets than non-entrepreneurship graduates Entrepreneurship students working at large firms earned $23,000+ more than other business graduates Source: Kauffman Foundation – Impact of Entrepreneurship Education
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Kauffman Foundation reports entrepreneurship graduates are 3 times more likely to form new ventures Emerging companies employing entrepreneurship graduates had 5 times the sales and employment growth of
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This note was uploaded on 08/29/2011 for the course GEB 3031 taught by Professor Dr.ford during the Spring '09 term at University of Central Florida.

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GEB3031wk4 - Business Plan Development Click to edit Master...

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