Kelley Indianapolis' New Venture Creation class connects business students with local entrepreneurs

  • Feb. 20, 2017


INDIANAPOLIS -- As part of a renewed focus on entrepreneurship, the Indiana University Kelley School of Business Indianapolis is working with The Bureau, a downtown Indianapolis co-working space, to provide students a unique mentoring opportunity with startup business owners.

A Kelley School undergraduate class, titled New Venture Creation, will meet at The Bureau at Hinge in Fletcher Place this semester. Students also will have the opportunity to use the space and interact with business owners beyond class time.

“We want our students to become inspired through this collaboration,” said David Steele, the course instructor and a visiting lecturer in management at the Kelley School. “The innovative class environment will provide students an opportunity to learn alongside working entrepreneurs, who are actively engaged in various business ventures. This translates to real-world immersive learning as students see entrepreneurs collaborating, discussing ideation and securing venture capital.

“Our students also will be around potential mentors who can offer assistance and advice,” he added. “The Bureau at Hinge has entrepreneurs and small-business owners working in the co-working facility 24 hours a day. Students in the New Venture Creation class will have access to entrepreneurs working on real-world projects: those who have started businesses and those who are currently working to launch a new endeavor.”

“There are great things happening right here in Indianapolis, right now,” said Drew Kincius, space manager of The Bureau. “We hope to remind students of the many opportunities in their own backyard, to show them they can -- and should -- invest right here. We want to show students just how fantastic the city of Indianapolis and the state of Indiana really are.”

The Bureau at Hinge provides co-working opportunities with month-to-month memberships and office space with short-term leases. The organization says students will be able to learn from entrepreneurs during class time, when they could give an update on their venture success and ask questions about launching new startups or maintaining a small business.

“The Bureau is providing us with an immersion experience in entrepreneurial life by putting students in the middle of the startup space,” said Morgan Vonderheide, who will graduate in May 2018 with majors in human resource management and management. “This new classroom setting creates a more engaging experience because we are able to hear, see and learn about exactly what entrepreneurs do on a daily basis. We are also creating our own ventures, so we get a 360 feel of what it takes to succeed as business owners.”

“This opportunity is not only valuable to students but also to the small-business owners and entrepreneurs who utilize our co-working space every day,” Kincius added. “Students bring fresh ideas and unique perspectives. Likewise, students will be exposed to a number of local companies and will be able to see what the small-business culture is truly like in Indianapolis.”

“I believe this experience will create more opportunities for our students,” Steele said. “I hope this allows students to engage in entrepreneurship in a manner that cannot be duplicated in a classroom. They can further use these connections to secure internships and discover where their passions lie.”

Kelley Evening MBA and Business of Medicine Physician MBA students have had class sessions and access to co-working spaces throughout Indianapolis. For example, as part of the Evening MBA DIVE Program -- Discovery, Innovation and Ventures Enterprise -- Evening MBA students are connected with local startups to help grow new businesses and provide hands-on consulting services.

About the Kelley School of Business Indianapolis: The Indiana University Kelley School of Business has been a leader in American business education for more than 95 years. With over 107,000 living alumni and an enrollment of more than 10,500 students across two campuses and online, the Kelley School is among the premier business schools in the country. Kelley Indianapolis -- based on the Indiana University-Purdue University Indianapolis campus -- is home to a full-time undergraduate program and four graduate programs, including master’s programs in accounting and taxation, the Business of Medicine Physician MBA and the Evening MBA, which is ranked sixth in the country by U.S. News & World Report.

About The Bureau: The Bureau provides fully furnished co-working facilities where independent entrepreneurs and remote workers can thrive in modern, secure and professional working environments. Offering a variety of open-space memberships and private offices, The Bureau’s month-to-month leasing provides ultimate flexibility for startup businesses and organizations. Both locations are nestled in some of the most vibrant and easily accessible areas of Indianapolis, brimming with culture and local fare, just minutes from downtown.

The Bureau at Hinge

The Bureau at Hinge

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Richard Schneider
Teresa Mackin
  • Kelley School of Business Indianapolis
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