Black Entrepreneurship Topic of White House Summit
Dorothy Rowley | , WI Staff Writer | 4/25/2012, 11:55 a.m.
taught. He noted a campus project which encourages youth to think about owning businesses.
"We're doing something called 'Lemonade Day' in Newark for the first time," Ogilvie said. "Kids from kindergarten to age 12 learn how to be entrepreneurs in the context of developing a lemonade stand. [They learn] all the attributes of business" by putting a stand together to acquiring money for supplies, marketing and hiring.
"And that's important, because our young people need to be aware of entrepreneurship as an alternative career," said Ogilvie. "We believe that entrepreneurship is the key."
Ron Stodgill, director of the Small Business Incubator/Think Tank at Johnson C. Smith University (JCSU), said his campus has already ventured out to the business sector in Charlotte, N. C.
"What's happening in Charlotte is the realization that it's taking more than the banking community to power the economy," Stodgill said of JCSU's effort to align with the city's business district. "But our efforts are embryonic and won't happen overnight," he cautioned.
To that end, Holifield stressed that gatherings like the summit are think tanks that can also offer solutions.
"We want to make sure we not only focus on general entrepreneurship, which is a necessary part of our overall economic development strategy," he said. "But we also have to build a thrust that's focused on innovation at our HBCUs, and converting the intellectual capacity and property that emerge out of them intocommercial opportunities or real enterprise opportunities."