Featured Service Project
This month, we’d like to highlight the GK chapter at the University of Vermont. Dr. Kathleen Liang, the chapter advisor, teaches a service-learning and experiential-learning course at UVM called Introduction to Community Entrepreneurship. In the course, there is an activity called the Dollar Enterprise Program where students learn entrepreneurial procedures directly through a new-venture creation experience. Students actually learn about theories, and directly start new ventures at UVM! A team consists of 11-12 individuals get $11-$12 per team as seed money. Dollar Enterprise simulates a formation of any business in the real world from teamwork, generating resources, creating coalitions, and building community partners, to dealing with day-to-day operations, assessment, optimization, and time management. Once the semester begins, it takes one month to prepare and apply for food permits and business details. Each team runs their business for 4 weeks (at least 3 hours every day from Monday through Friday, between 8am to 5pm) during the semester in various pre-reserved locations on campus only. At the end of the Dollar Enterprise activities, all proceeds are donated to charity organizations. At the end of the 4-week business activity, each team concludes with a business report, financial report, self-assessment, and final team member assessment. Each team donates all proceeds to local charities and a Community Entrepreneurship Education fund that has been established to assist future students who are interested in becoming successful Community Entrepreneurs. Since the spring of 2005, Dollar Enterprise has worked with over 20 Vermont organizations to generate more than $50,000 for more than 300 charity organizations.
Want your SPARK project featured? Email Katie Hiatt at email@example.com.