The Trident Initiative at FSU consists of three interrelated
and equally important "prongs" to advance the spirit and practice
of entrepreneurship within the Western Maryland region: knowledge
dissemination, entrepreneurship practice, and
recognition of the best in entrepreneurship.
- Support for ongoing Applied Research in Entrepreneurship
Issues, including papers and business case studies. Promote entrepreneurship
at the local and regional levels by establishing an Entrepreneurship
Research Incentive Fund of $5,000 per year to defray the cost of attending
the annual USASBE conference. This award will be evenly distributed
among the top 5 submissions . Method of selection of awards will be
double-blind review, consistent with the practices at established academic
conferences. Given the applied nature of the activity, the "so
what?" question will be a predominant consideration for awards.
- Presentation of Applied Research in Entrepreneurship
at an Annual Entrepreneurship Conference ("Conference") hosted
in the Compton Science Building of the FSU Campus. This conference will
consist of two days of presentation of research by faculty within the
region, panel discussions (see below), speeches by keynote speakers,
and award presentation.
- Panel discussion of local and regional innovators
and inventors exploring and presenting ideas with potential for commercialization.
- Publication of Conference Proceedings that will include
papers presented, award-winning business plans, and case studies on
- Seed Money Project
Students in the New Business Venture course each semester are offered
seed money to start a real business. This exercise will provide significant
experiential benefits for the students.
At the end of each semester, seed money projects of top student teams
will be formally presented to an audience of University faculty, students,
local entrepreneurs, and venture capitalists.
Participating students are expected to form a network of mentors for
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RECOGNITION OF THE BEST IN ENTREPRENEURSHIP
- Young Entrepreneur Award offered to a model entrepreneur
under the age of 25 who meets the following criteria:
(1) has been in operation for at least three years and
(2) has contributed economically and socially to the community.
A panel of three judges comprising of members in the chambers of commerce
will make the selection.
- Model Entrepreneur Award to a successful entrepreneur
within the region: A panel of five judges from the members of the chambers
of commerce and the Frostburg State University College of Business Advisory
Board will make the selection. Criteria for award will include:
(1) being in operation for at least ten years and
(2) significant contribution economically in terms of job creation and
and social and philanthropic giving to the community.
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is funded by
a grant of