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All Press Releases for May 2, 2002 Subscribe to this News Feed      
 

400 18-Year-Old Entrepreneurs Report On Their Businesses

400 first-year Babson College students will report on the success of the businesses that they ran as part of their required course load at Babson College. All profits go to local charities.

Approximately four hundred first-year students at Babson College have been required to run a business during their first year at college.

As part of their Foundation Management Experience (FME),they will deliver final reports on their ventures May 3, 2002 beginning at 8 a.m. in Tomasso Hall on the Babson campus. (http://foundation.babson.edu/FMEmain.htm)

FME is a full-year, two-semester course, which is required for all Babson undergraduate students. Central to the course is a learn-by-doing" philosophy. Teams of students began working together in September to develop business plans and present before a faculty" venture group. Fourteen ventures were launched in January and students will deliver their year-end reports Wednesday and Friday.

Each student business team logs weekly volunteer time and donates business profits to selected community service projects including:

Habitat for Humanity, Homeless Shelter for Hispanic Women and Children, Special Olympics Foundation, Elderly Center, Harvard Square Homeless Meal Program, Greater Boston Food Bank, and Barton Road Project. (http://www2.babson.edu/Babson/BabsonHPp.nsf/public/bernonFMEprojects)

Babsons 2002 FME Student Business Presentations include:

Beaver Bottles: sells Nalgene water bottles with specialized Babson decals. http://beaverbottles.babson.edu/

Party Time Clocks: sells 10 X 11 ½ inch wall clocks with backings available for personal customization. http://partytimeclocks.babson.edu/

Flashback Cameras: offers a one-stop service that includes disposable cameras, film developing, and delivery to your door. http://flashbackcameras.babson.edu/asp/index.asp

Campus Care: offers friends and family members a convenient way to order specialized care packages for college students. http://campuscare.babson.edu/

Babo Wear: sells T-shirts and long sleeve shirts with a variety of Babson related slogans printed on them. http://babowear.babson.edu/

Soft Sleeper: sells foam futons that can be used as chairs or beds. http://softsleeper.babson.edu/

Babo Records: offers a compilation CD with 21 different bands. http://www.baborecords.com/

Beaver Tails: offers charcoal fleece scarves with a specialized embroidery. http://www.beavertails.org/

Babson Air Chairs: sells inflatable dorm furniture. http://airchairs.babson.edu/default.htm

B-Ver Wear: provides a lineup of dormitory-related apparel such as dorm-pants, hooded sweatshirts, and Baby Tee-shirts. http://b-verwear.babson.edu/

Connections: offers advertising space in a book with will be distributed throughout the Babson College and Wellesley College campuses. http://www.4connections.org/

Postarama: sells posters of Babsons campus and offers services that customize individuals pictures by adding special effects to them. http://postarama.babson.edu/

Simply Scrubs: sells 100% cotton scrub pants that are available either with or without a special Babson beaver logo. http://simplyscrubs.babson.edu/

Babson Collegiate Throws: sells specialty throw blankets that are colored in green and white and depict distinctive landmarks from the Babson campus. http://babsonthrows.babson.edu/

For contact info, visit http://foundation.babson.edu/fmelist.htm

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CONTACT INFORMATION
Michael Chmura
Babson College
781 239 4549
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