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$80,000 in Elevator Grants Available from the Coleman Foundation at 10th Annual NACCE Conference in October

Springfield, MA, September 08, 2012 --( As part of the 10th annual National Association for Community College Entrepreneurship Conference, being held in Chicago, IL, October 7- 10, 2012, the Coleman Foundation will conduct an elevator grant session with the potential to award $80,000 to community colleges. This year’s program will focus on successful practices for creatively involving entrepreneurs in entrepreneurship and self-employment education. Entry deadline is 8:00 a.m. Central time on Thursday, September 27, 2012. As many as 16 $5,000 grants will be awarded.

This marks the ninth time the Coleman Foundation has offered elevator grants at the NACCE Conference; the foundation has provided $509,000 to community colleges through this program to date to support the initiation of various entrepreneurship education programs. The elevator grant method is based on the business presentation model that involves describing a new business venture in a short pitch that could be given to a potential investor during an elevator ride. Grant decisions are made at the NACCE Conference, resulting in a rapid funding approach that greatly benefits the grant recipients.

“NACCE’s partnership with the Coleman Foundation is a very important benefit to our members,” said Heather Van Sickle, executive director of NACCE. “Increasing entrepreneur engagement is one of the five commitments that members of our Presidents for Entrepreneurship Forum, which we launched late last year, have pledged to fulfill. Both NACCE and the Coleman Foundation believe that successful practitioners, including local and alumni entrepreneurs, must be part of a student’s learning experience. Having exposure to people who have started businesses significantly strengthens the education experience.”

How to Apply
Interested applicants must be NACCE members and must submit a three-page description of their plans to increase the engagement of entrepreneurs in campus activities, including a plan budget, which will be evaluated in advance of the elevator grant session by the Foundation and NACCE. More details and registration forms are available on the NACCE Conference website at
Contact Information
National Association for Community College Entrepreneurship
Jeanne Yocum

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