Minot State to hold business ‘boot camp’

Minot State University College of Business’ Severson Entrepreneurship Academy will host a “boot camp” on Saturday for aspiring business owners.

The seminar will be held in Room 316 in Old Main at MSU.

Tracy Finneman, who works directly with InnovateND, a state-funded program administered by the North Dakota Department of Commerce, said the boot camp is one of a series that is being held throughout the state.

The session being held in Minot is titled “Build Your Venture’s Value: How to Get More out of a Business Plan.” Attendees will learn such things as a template to better understand and communicate their business model for making money; a clear strategy for how the sections of their business plan must integrate into a cohesive story to get an investor’s attention.

The course will be taught by Jeffrey Stamp , the entrepreneur in residence at the University of North Dakota’s Center for Innovation.

People who are members of InnovateND can attend the boot camp for free; those who are not members can register for $99 to attend the Minot session. Finneman said people can register online at innovatend.com or can register in person on the day of the seminar.

It costs $250 to register as a member of InnovateND, which entitles them to attend three different boot camps on different topics across the state and to work with one of four entrepreneur centers on perfecting a business and financial plan for their business start-up. The centers are located in Bismarck, Fargo and Grand Forks and, in Minot, at the Severson Entrepreneurship Academy at Minot State.

Finneman said the upcoming boot camps will be held in Bismarck on April 13 and in Grand Forks on May 11. The subject of the boot camp in both locations will be “Perfect Your Venture’s Voice: Mastering the Investor Presentation and Raising Money for Your Business.”