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6th Annual Elevator Grants Blog
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Follow the progress of the elevator grant recipients from the 6th Annual NACCE conference in Anaheim. Use the experience of the last grant recipients to plan a successful grant opportunity for your program or initiative. Elevator grant information for the 7th Annual Conference in Chicago can be found here -


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August and September Update

Posted By Colorado Mountain College _, Thursday, September 17, 2009
Updated: Thursday, September 17, 2009

Colorado Mountain College’s 2009 Elevator Grant program of mini-grants to student entrepreneurs is complemented by the college’s student business incubator program sponsored by the Leadville campus. The Timberline Campus Student Business Incubator is housed in an annex of one of Leadville’s historic homes built by Horace Tabor in the late 1800s. Entrepreneurial students from the local high school and the college are eligible to apply for occupancy.

Over the summer, the college staff installed three modular office spaces with bookshelves, desks, chairs, and file cabinets. In addition, the incubator has a shared conference area with a business resource library. Each office will have a computer with a wireless connection and the student tenants will share a printer/fax. The computers and wireless connection will be installed by late September.

The next round of mini-grants using the remaining Hughes funds will take place in October 2009. As we did in April 2009, we will have an elevator grant competition when entrepreneurial students pitch their business idea to the Advisory Council of the college’s Entrepreneurship Program. We will award three grants of $500.00, which will complete the approved utilization of the Hughes funds. We expect these student mini-grant recipients to be the first tenants of the Timberline Student Business Incubator.

Tags:  Colorado Mountain College  student business incubator 

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May Progress on Entrepreneurial Student Mini-Grant Program

Posted By Colorado Mountain College _, Saturday, May 16, 2009
Updated: Saturday, May 16, 2009

As I mentioned in my last posting, we used a portion of our 2009 Elevator Grant (from the John T. and Jeanne E. Hughes Charitable Foundation) to award five mini-grants of $750 to entrepreneur students and student teams. Each student or team of students is launching a new venture and competed in an Elevator Grant competition for these start-up funds.

The students will use a newly established blog on Colorado Mountain College’s (CMC) website to provide an update on how they applied the grant funds and how their new venture is progressing. Here’s a link to CMC’s Blogs where there’s a link the “Student Entrepreneurs” Blog:

Tags:  Colorado Mountain College  entrepreneurial students  mini grant 

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Entrepreneurial Student Mini-Grants Awarded at Timberline Campus, Colorado Mountain College in Leadville, Colorado

Posted By Colorado Mountain College _, Monday, April 20, 2009

At the recent Entrepreneurship Advisory Council meeting held April 6th, five individuals/teams participated in the Entrepreneurial Student Mini-Grant Application Process by presenting their “Elevator Pitches” to the council members. Susanna Spaulding received a grant in the amount of $5,000 from the John T. and Jeanne E. Hughes Charitable Foundation to provide mini-grants to students. The grants were available to students who proposed entrepreneurial projects with economic potential. Each individual or team had two minutes to give an overview of their business idea and the viability of their project. Upon completion of the presentations, the Advisory Council discussed and voted on which individuals/teams should receive a grant and the grant amount. The Council decided to give each represented individual and team a $750 mini-grant. 

The two Lake County High School teams were:  Cassandra Casias and Caitlin Kuczko, LCHS/FBLA Coffee Cart; and Jake McHargue, Daniel Hicks and Matthew Hicks, Long Shadow Productions (photography services). The three individuals from CMC Timberline were Patrick Kelly, Matchless Carpentry and Restoration, LLC; Chris Petralia, Common Ground Preservation, L.L.C.; and Mark Girard, 2 High Tie Dye (clothing items). 

The recipients indicated that the grant funds will mostly be used for marketing and advertising purposes, along with equipment and supply needs. 

Congratulations, students!

Tags:  Colorado Mountain College 

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Entrepreneurial Student Mini-Grant Program

Posted By Colorado Mountain College _, Sunday, March 1, 2009
Updated: Sunday, March 1, 2009
Colorado Mountain College received an elevator grant of $5,000 from The John E. and Jeanne T. Hughes Charitable Foundation at the 6th annual NACCE conference. We will use the funds to provide 11 mini-grants of $250 to $750 to high school and community college students to launch a business or develop a product prototype. The goal of our mini-grant program is to support entrepreneurial students seeking self-employment as a career choice. The mini-grant program will also enhance the impact of the Timberline Student Business Incubator that the college's Leadville, Colorado Campus is launching in May 2009.
During the week of March 2, 2009, we will publish the mini-grant application process (see attached document). On April 6, the applicant students will make an elevator pitch to a panel of practicing entrepreneurs and entrepreneurship instructors. We will also provide an elevator pitch workshop a week before the competition to help students prepare for presenting their business idea in the format of an elevator pitch.

Download File (PDF)

Tags:  Colorado Mountain College  entrepreneurial students  mini grant  student business incubator 

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Pilot Business Iincubator

Posted By Susanna Spaulding, Thursday, January 29, 2009
Colorado Mountain College, CO - $5,000 to implement a pilot business incubator and provide mini-grants for high school and community college students to launch a business or develop a product prototype.

Tags:  CO  Coleman Foundation  Colorado Mountain College  Hughes 

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