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An experiential learning program based on cultivating entrepreneurial thought and practice by students and faculty throughout all disciplines.

What is JCEL?

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JCEL’s Main Components

Academic Technical

Seed Capital Fund Incubator Space 3

Academic Services

Entrepreneurship Curriculum• New Venture Creation• New Venture Start-Up• Intro to Entrepreneurship• Entrepreneurship

• Entrepreneurial Creative Thinking• Social Entrepreneurship

Visiting EntrepreneursInternships

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Technical Assistance

Fast Start – “Get advice to develop your concept”Technical assistance/counseling to help refine your business idea Mentoring - help you develop your business abstract Position you for a Next Step Grant

Next Step – “Get PAID to develop your idea” Turn your business concept into a business plan Complete legal structure / begin developing market share Up to $ 1,300 support per student

$ 800 wages & $ 500 start-up expenses

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Student Seed Capital Fund

Equity Investment Up to $15,000 per student business Business located in Huntingdon County Approvals by the Student Seed Capital committee

Loan AgreementUp to $5,000 per student business

Interest fixed at 4%; begins to accrue when loan is made Six month grace period, followed by up to 60 month pay-off

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Student Seed Capital FundRecipients

Techno-Mango, LLC

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Weazel, LLC

Sill Business Incubator

Two Kinds of Space –

> Short-term (typically 3-months to 3-years) “Hotel” cubicle office space - Meant for start-up companies just beginning operations - Need immediate access to business administration tools

(computer, copier, fax, scanner, file storage, etc.) - Lease for as little as $60 per month (five days use per single).

> Long-term space (typically 6-months to 5-years) or “Dedicated Space” - Meant for young companies generating reasonable cash-flow - Ten suites and one wet lab - Spaces ranging in size from 168 to 713 square feet - Lease rates from $230 to $1,100 per month, gross

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Sill Business Incubator – Hotel Space

Baxter Studio

Hotel Space

Administrative Offices

Lobby and Conference Rooms

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Sill Business Incubator – Dedicated Space

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Economic Development

JCEL PartnersPrivate Donors - AlumniAppalachian Regional CommissionBen Franklin Technology PArtnersColeman FoundationHuntingdon County Business and IndustryJuniata College Alumni and FriendsPennsylvania Department of Community and

Economic Development (DCED)Southern Alleghenies Planning & Development Commission (SAP&DC)United States Department of Agriculture

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Entrepreneurial Outcomes

85 Student run businesses since 200440 Equity/Loan Requests from SSC Fund4 Currently operating from JCEL4 Successfully sold3 Alumni of the program running different business today than when they were here

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Entrepreneurial Outcomes

Plans/Progress• Student Entrepreneurs

Bootcamp• Part of Economic Committees

– Main Street/PEP• Coleman Fellows• New Curriculum• NBIA

Issue/Concerns

• Lifestyle vs. High Growth• Wet Lab• Transition of Program• Location

Feel free to contact me at 814.641.3735

anderst@juniata.edu

or check out our website atwww.juniata.edu/jcel

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