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The mantra of the Holmes Center for Entrepreneurship is to inspire and educate the next generation of entrepreneurs.  We encourage you to get involved and join the 250+ members of the Twin Cities' entrepreneurial business community participating in our classes, clubs and outreach programs.  We hope you enjoy the brief updates below on our researchers, students, alumni and programs. 

Entrepreneurship Class Honored by Inc Magazine

Inc Students in this years Entrepreneurship in Action class launched three new businesses to experience the actual startup process.  Leading in PR placements has been the hands-free solution for opening bathroom doors - the "Toepener".  Inc Magazine recognized the business after its first month of operations and orders have been received from around the world.  All three of this year's businesses are continuing after completion of the class.  Learn more about this unique experiential class.


Research Highlights Effect of Gender Stereotypes on Female Entrepreneurs

Recent research by Carlson PhD student Nachiket Bhawe addressed whether social factors played a role in the gross inequity among men and women in terms of entrepreneurship.  "It seems like entrepreneurship is viewed as a male domain but it need not be is what we found. If we change the role models and the associated stereotype, it is possible to increase entrepreneurship in women, however this is at the cost of entrepreneurship among men. This is almost like a zero sum game and we need to study how we can improve both at the same time."  See full paper by Bhawe and co-authors Vishal Gupta and Dan Turban.

$185,000 Cash Prizes Offered in 2011 Minnesota Cup

The search for the next breakthrough business idea continues with the 7th annual Minnesota Cup competition.  Entries are due by 11:59 PM on May 20th!  The largest statewide entrepreneurship competition in the country has attracted more than 5,000 participants who have proceeded to raise over $30 million to pursue their new ventures.  See Governor's Announcement of 2011 competition.



Carlson, Digital River, General Mills New Sponsors
 In 2011, three Minnesota's leading corporations joined the Minnesota Cup's community-led effort to support and encourage entrepreneurs that drive job growth across Minnesota.  These sponsorships increased cash prizes by 85% - directly funding the most promising startups in Minnesota.
    Carlson    Digital River GenMills 
PsycloneSeed Capital Recipient Lands Product in Best Buy

Colin Karpfinger had a great idea for improving the gaming experience on iPhones by creating attachable thumbie buttons.  The Holmes Center business hatchery funded 1/2 the cost to develop his prototype and he was off and running.  One year later his "Thumbies" product was rolled out to Best Buy stores.  Each year the Auth and Jackson Seed Capital Funds support the launch of businesses by University students.  Read more about Business Hatchery.
Entrepreneurship Summer Bootcamp to Welcome Minneapolis High School Students to Carlson School

JEM Students

The third annual Junior Entrepreneurs of Minnesota program will bring 30 Minneapolis high school students to the Carlson School this June-July.  Students will spend five weeks on campus developing new business ideas, touring local businesses and hearing from legendary Minnesota entrepreneurs.  This program is a partnership between the University's Office for Business and Community Economic Development and the Holmes Center for Entrepreneurship.

Recent Alumni Entrepreneurs in the News

Zipnosis - health care in your pocket, founded by MBA alum Jon Pearce

Fulton Beer - local craft brewery, cofounded by MBA alum Ryan Petz 

Contour Innovations - sonar recording platform and lake database, cofounded by MBA alum Mike Lauenstein 

Kipsu - customer feedback service, cofounded by undergraduate alum Geoff Dutton  

Adogo - upscale dog hotel and daycare service, founded by MBA alum John Sturgess

Man Cave - home parties for men, founded by undergraduate alum Nick Beste

QwikMind - educational gaming and analytics firm founded by alum Ahmed Siddiqui   


Get Involved
Fast Facts 2011

4th Largest Major
10 MBA Courses
9 Undergraduate Courses
1,400 Enrollment
18 Interns
27 Mentors
18 Entrepreneurs in Residence
10 Businesses Formed
95 Student Entrepreneurs Advised
13 Articles Published
29 Papers Presented
5 Research Awards
2008, 2009
Honorable Mention in Princeton Review Rankings
Holmes Center Advisory Board

Robert Buuck
Judy Corson
Gary Holmes
Tim Kraskey
Joy Lindsay
Dan Mallin
Prof. Harry Sapienza
Prof. Myles Shaver
Lloyd Sigel
John Stavig
Roy Wetterstrom
Prof. Shaker Zahra
Thank You
Holmes Center Benefactors

Floyd  Adelman
Anonymous Alumnus
Jennifer & Kevin Amys
Selemon Asfaw
Tom Auth
Jesse Bergland
Norman Bjornnes
Robert Buuck
Buuck Foundation
Laura Carter
Judy Corson
Deluxe Corp. Foundation
Tim & Val Doherty
Geoff Dutton
John Fesler
David Frauenshuh
Harold Goldfine
Heath Foundation
Merle Hilliard
Gary Holmes
Pat Hopf
Hubbard Foundation
Ann & Robert Jackson
Anna & Eugene Karpas
Steve Klick
Tim Kraskey
Joy Lindsay
Gerald Magnuson
Chris Mayr
Spence Morley
Rachel Nearhood
Mark Paper
Gary Rappaport
Richard Foundation
Dave Ring
Harold Roitenberg
Mike Sill
Robert Simon
State Farm Insurance
John Stavig
Roy Wetterstrom
John Whaley
Jeffrey Wirth
Thank You
MN Cup Mentors

Kenan Aksoz
David Bagley
Josh Baltzell
Clark Becker
Robert Befidi, Jr.
John Bergstrom
Mary Pat Blake
Rick Brimacomb
Ed Cannon
Joel Cannon
Nicholas Clementi
Gary Cohen
Judy Corson
Tony Crisman
Greg Frankenfield
Bob French
Dan Grigsby
Gary Halleen
Franz Hofmeister
Aaron Keller
Linda Hall Keller
Anne Kelly
Don Keysser
Steve King
Brian Kovalchuk
Tim Kraskey
Ruth Lane
Steve Mase
Spence Morley
Prakash Puram
Ron Reimann
Dave Ring
Jeffrey Robinson
Brett Shockley
Rajiv Tandon
Jim Thomas
Roy Wetterstrom
Michael Wright
Upcoming Entrepreneurship Events @ Carlson

Junior Entrepreneurs of Minnesota - June 13th

Minnesota Cup - Semi-finalist Reception - June 21st @ 5:00 

Junior Entrepreneurs of Minnesota, Closing Presentations & Dinner - July 14 @ 5:00 

Minnesota Cup - Final Awards Reception -  September 8th @ 5:00 

View our profile on LinkedInContact Information

John Stavig
Professional Director