CIE

Entrepreneurship at BYU-Hawaii: 

Entrepreneurship at BYU-Hawaii

President David O. McKay: 

President David O. McKay “You mark my word, and from this school, I tell you, will go men and women whose influence will be felt for good towards the establishment of peace internationally.”

Home Country Classifications: 

Home Country Classifications Developed Asian Pacific Countries Japan, South Korea, Hong Kong, Taiwan Australia, New Zealand Developing Asian Pacific Countries Tonga, Samoa, French Polynesia Malaysia, Thailand, Cambodia, Philippines China, Mongolia

Economic Conditions: 

Economic Conditions

Entrepreneurship:: 

Entrepreneurship: The Key to Returnability

What are we doing?: 

What are we doing? Entrepreneurship Curriculum Entrepreneur Lecture Series Entrepreneurship Conference Business Plan Competition

Curriculum: 

Curriculum

Lecture Series: 

Lecture Series

Entrepreneurship Conference: 

Entrepreneurship Conference

Entrepreneurship Conference: 

Entrepreneurship Conference “What I learned the most out of this conference was that as members of the Church, we must first seek the Kingdom of God and His righteousness, and success will eventually come after.” “It is a great opportunity that we had to learn knowledge from those successful people. At the same time they showed us how we can gather the courage we need to be a successful entrepreneur ourselves.”

Business Plan Competition: 

Business Plan Competition

Business Plan Competition: 

Business Plan Competition “I think all of those participants [in the business plan competition] were winners since they have made such a commitment and effort to themselves and on their projects.” “The preparation of the business plan was the best learning experience that I have had at the University.”

Center for International Entrepreneurship: 

Center for International Entrepreneurship $1 million endowment target in $22 million Light of Hope campaign $387,000 in unrestricted funds donated to date $1,655,000 existing endowment for International Business Professorship

Center for International Entrepreneurship: 

Center for International Entrepreneurship New initiatives Need for a director

Slide15: 

BYUH Center for International Entrepreneurship BYUH Faculty Expertise Student Workers Education Bus. Plan Competition Currently BYUH offers Business Plan Competitions and mentoring of the contestants The realization of actual operating companies from entrepreneurial opportunities Opportunity for BYUH Center for International Entrepreneurship (“CIE”) to bridge the gap CIE will assist the business incubation process by providing the academic education, mentoring, and localized practical training necessary for budding entrepreneurs to create viable businesses in the BYUH target areas of developing Asia and the Pacific region. Company Company Company

Slide16: 

Ariunchimeg “Ariuna” Tserenjavin from Mongolia

Slide17: 

CIE will need: Corporate and individual donors Funds, expertise, mentoring CIE will establish a Local Mentoring Network including: Local Business Owners Ecclesiastical Networks Alumni Networks CIE will provide a place for business incubation Building the skills of the individual entrepreneur, and their mentors Teach academic skills and practical hands-on small business instruction Training by local area experts Business Plan competitions and extensive vetting process to ascertain the most viable opportunities BYUH Center for International Entrepreneurship Funds Expertise Mentoring BYUH Faculty Expertise Student Workers Education Bus. Plan Competition Local Mentor/ Incubator Network Company Company Company

Slide18: 

Entrepreneurship Fund Independently managed for-profit socially responsible fund Provide initial funding entrepreneurs Extensive vetting process Seed funding for educated and mentored entrepreneurs Entrepreneurship Fund Private offering Exempt from Investment Act Filings BYUH Center for International Entrepreneurship Funds Expertise Mentoring BYUH Faculty Expertise Student Workers Project Funding Education Bus. Plan Competition Local Mentor/ Incubator Network Company Company Company

Slide19: 

Remote Entrepreneurship Center: Extended reach of BYUH Distance Learning Remote Business Plan Competition Establish Local Mentor/Incubator Networks Teaching and travel opportunity for donors Candidates for funding created by education/ mentoring/ incubation process Entrepreneurship Fund Private offering Exempt from Investment Act Filings BYUH Center for International Entrepreneurship Funds Expertise Mentoring BYUH Faculty Expertise Student Workers Remote Ent-Center Project Funding Education Bus. Plan Competition Education Bus. Plan Competition Remote Edu. Materials Support for Mentors Teaching & Travel Opportunities Local Mentor/ Incubator Network Local Mentor/ Incubator Network Company Company Company Company Company Company

Slide20: 

Rabici Vuikadavu from Fiji

Slide22: 

Entrepreneurship Fund to provide contributions to educational foundations like CIE Entrepreneurship Fund Private offering Exempt from Investment Act Filings BYUH Center for International Entrepreneurship Funds Expertise Mentoring BYUH Faculty Expertise Student Workers Remote Ent-Center Education Bus. Plan Competition Education Bus. Plan Competition Remote Edu. Materials Support for Mentors Teaching & Travel Opportunities Local Mentor/ Incubator Network Local Mentor/ Incubator Network Education Fees Contributions Company Company Company Company Company Company Project Funding

Slide23: 

Current funding interest in the Entrepreneurship Fund Management of the Entrepreneurship Fund Entrepreneurship Fund Private offering Exempt from Investment Act Filings Management BYUH Center for International Entrepreneurship Funds Expertise Mentoring BYUH Faculty Expertise Student Workers Board of Directors Blue Ribbon Advisory Committee Remote Ent-Center Education Bus. Plan Competition Education Bus. Plan Competition Remote Edu. Materials Support for Mentors Seed Funding Investors Initial Funding % of Profits Teaching & Travel Opportunities Members & Expertise Local Mentor/ Incubator Network Local Mentor/ Incubator Network Education Fees Contributions Company Company Company Company Company Company Project Funding

Slide24: 

Local Mentor/ Incubator Network Entrepreneurship Fund Private offering Exempt from Investment Act Filings funds % of Profits For-Profit Socially Responsible Investors Management BYUH Center for International Entrepreneurship Funds Expertise Mentoring BYUH Faculty Expertise Student Workers Board of Directors Blue Ribbon Advisory Committee Company Company Company Company Company Company Remote Ent-Center Education Bus. Plan Competition Education Bus. Plan Competition Remote Edu. Materials Support for Mentors Local Mentor/ Incubator Network Seed Funding Investors Syndication Initial Funding % of Profits Education Fees Contributions Teaching & Travel Opportunities Members & Expertise Project Funding Extension of reach Multiplication of efforts

Entrepreneurship:The Key To Returnability: 

Entrepreneurship: The Key To Returnability