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Isabella Bank Institute for Entrepreneurship

We are a dedicated institute for student entrepreneurs across campus and beyond. We aim to maximize your success by fostering your entrepreneurial mindset, promote inter-disciplinary collaboration and provide support for the creation and development of your new ventures. Jumpstart your ideas and get involved today!

Tune in for excitement!

Passion. Potential. Pitches. Don't miss any of the 2025 New Venture Challenge excitement.

Tune in Friday, April 11 at 1 p.m. for great ideas and fierce competition. Then, join the judges, mentors, spectators and teams as they see who is going home with thousands of dollars in venture financing. The awards broadcast begins at 6:30 p.m. and one team will walk away as the overall best venture. 

Start your entrepreneurial journey

Central Michigan University’s College of Business Administration is the home of the Isabella Bank Institute for Entrepreneurship and the first Department of Entrepreneurship in the state of Michigan. We are a student-centric hub where experiential, curricular, and external entrepreneurial opportunities intersect.

Our mission is to maximize student success by fostering a campus-wide entrepreneurial mindset that promotes inter-disciplinary collaboration and the creation of new ventures.

We aim to create innovative programming, boost cross-campus and ecosystem collaboration and provide a comprehensive mentoring program.

Our institute provides extracurricular opportunities and is open to all undergraduate and graduate CMU students.

Student opportunities

  • Meet experienced alumni, faculty, entrepreneurs, investors, and other business and political leaders.
  • Learn practical skills, innovative thinking, and connect with mentors and entrepreneurial resources.
  • Attend skill-building workshops and compete in pitch competitions and Hackathons.
  • Take part in special scholarship programs and travel experiences.
  • Pitch your venture at our signature New Venture Challenge event and compete for up to $20,000 in cash awards.

      Find your path

      Are you interested in becoming an entrepreneur?

      Every journey is unique. Explore the opportunities that interest you.

      Reimagining the residential student experience at CMU

      by User Not Found

      During its February meeting, Central Michigan University’s Board of Trustees approved funding to complete the design phase of a new, apartment-style living complex on the Mount Pleasant campus.

      The proposed Washington Commons project will feature 179 units of apartment-style, independent living spaces for students, located in the central campus area, as identified during the 2021 Master Plan Update.

      Washington Commons rendering
      The proposed residential community will offer more than 400 apartment-style living spaces in the heart of CMU’s campus.

      Town hall meetings begin next week to allow students, faculty and staff to learn more about the project and share their input. Ahead of those meetings, here’s a first look at the “why” behind CMU’s efforts to reimagine the residential student experience and develop projects like Washington Commons. 

      Housing as an enrollment strategy

      The Washington Commons project is part of CMU’s ongoing efforts to increase student recruitment and enrollment.

      “We know that housing options are a key deciding factor in a student’s decision to attend a residential university like CMU,” said Jennifer DeHaemers, vice president of student recruitment and retention.

      DeHaemers said CMU’s competitors — especially those in Michigan — have already invested in on-campus apartment-style housing. To retain current students and attract future students, CMU must keep up with housing trends.

      “Students have made it clear they are interested in modern, more independent living options,” she said. “If we do not offer those options at CMU, they may seek them elsewhere.”

      Washington Commons shared space rendering
      A rendering of the kitchen, dining and living room spaces in one of the Washington Commons apartments.
      Centered on student success

      Recent upgrades to other CMU residential halls have been extremely popular with students, said Kathleen Gardner, executive director of student affairs.

      “In the first year the remodeled Carey Hall rooms were available, they sold out in seven minutes,” she said. “Single rooms with upgrades in Robinson Hall sold out in one day.”

      Gardner said modern, comfortable living spaces are only part of what students receive from the experience of living on campus.

      “In addition to the important co-curricular education programs offered in our residential communities, residence halls contribute powerfully to a student’s ability to find and build community, engage in campus life, and stay on the path to graduation.”

      Gardner said national research has clearly demonstrated the many benefits students receive from living on campus, which include earning higher GPAs, graduating on time and reporting a higher level of satisfaction with their overall college experience.

      On-campus living spaces designed for upper-level undergraduate and graduate students, like the proposed Washington Commons project, can help them remain engaged in campus life and on the path to success, she said. 

      Washington Commons and market rendering
      Plans for the proposed Washington Commons project include a full market, stocked with a wide range of grocery items, for use by all students.
      Changes to campus parking

      CMU plans to locate Washington Commons and student resident parking in the space now occupied by lot 22, which is currently used for faculty, staff and commuter parking.

      As part of project planning, CMU conducted a thorough analysis of parking lot assignments and utilization, said Jonathan Webb, associate vice president of facilities management. CMU Police and others visited lots frequently to assess available capacity and found that many lots are underused.

      With the addition of new lots, expansion of existing lots and the reallocation of parking spaces in lots, Webb said students, faculty and staff will still have access to parking during and following construction.

      Included in the design phase of Washington Commons are plans to build a new parking lot, to expand lot 39 with additional student parking, and to include dedicated faculty and student parking in lot 43.

      Funding the project

      Trustees approved $12M to complete the design phase, begin construction and expansion of parking areas, and to demolish outdated facilities in Kewadin Village. Funds for the continued planning of the project will come from bonds, said Nick Long, vice president of finance and facilities.

      If the project moves forward, the total cost of the project will be around $135M (inclusive of expenditures to date), Long said. Further approvals from the Board of Trustees will be necessary before the next phase of the project begins, and the campus community also will have opportunities to share their thoughts.

      Feedback welcome

      As the design phase continues, CMU leaders will share more information and seek input from students, faculty and staff through a series of town hall meetings. Two meetings are planned for the afternoon of February 24 and March 2 in the University Center; please look for details in CMU Today.

      Questions?