The BYU-Idaho Entrepreneurship Society meets every Thursday from 2-3 p.m. in room 340 of the Joseph Fielding Smith Building.
The Entrepreneurship Society provides knowledge, connections and inspiration for potential businesses, according to the society’s Web page.
“The vision and purpose of the entrepreneur program is to support the steady, upward course and mission of BYU-I by enabling the community to embrace innovation, change and opportunity as they become legendary disciple leaders in their homes, church, communities and careers,” said to Redge Allen, the faculty advisor for the Entrepreneurship Society.
Allen said the Entrepreneurship Society is about empowering innovation.
“The university is about innovation and change, and there is an entrepreneur spirit everywhere on campus,” Allen said.
Reece Tyler, a senior studying English, joined the Entrepreneurship Society Winter Semester 2015, after seeing posters advertising the meetings.
Tyler said being in the Entrepreneurship Society expanded his critical thinking skills and showed him how to use those skills to benefit himself and others.
“It teaches valuable skills, and it is a great environment to learn them in,” Tyler said.
AnneMarie Sloan, a junior studying business management, is the Entrepreneurship Society president.
Sloan said one reason she enjoys the Entrepreneurship Society is because she gets to spend time with talented people who possess diverse skill sets.
“We need people with a lot of different visions,” Sloan said.
Sloan said the Entrepreneurship Society meetings consist of a combination of guest speakers and workshops spread throughout the semester.
“The guest speakers talk about their personal journeys and how they came to be where they are today,” Sloan said. “In the workshops, we teach students how to make a business plan.”
Sloan said she has been able to apply the principles she has learned about business planning in the Entrepreneurship Society to other areas of her life.
“We see the Entrepreneurship Society as an outreach for supporting the mission of the university,” Allen said.
Tyler said he is in the Entrepreneurship Society because he feels it is his Christian responsibility to expand his knowledge and to become financially independent.
“Embracing innovation is not specific to one major,” Allen said. “It’s very inclusive.”
Sloan said it takes a well-rounded team to create successful business concepts.
Tyler said the Entrepreneurship Society is starting an ambassador program to involve all campus colleges.
“We’re trying to get an ambassador from each college on campus to attend our meetings,” Tyler said. “Those ambassadors will go back to their colleges and hold workshops catered specifically to that college’s audience.”
Allen said students participating in the Entrepreneurship Society will receive specific guidance on how to take ideas and create something out of them.
The Entrepreneurship Society holds a business model competition with a $1,000 cash prize, according to the Entrepreneurship Society Web page.
Coulton Woods, a senior studying business management, won the competition for Winter Semester 2015.
Woods said he was required to attend the Entrepreneurship Society for a business class.
“I ended up going and really enjoying it,” Woods said.
Woods said students should participate in the Entrepreneurship Society because it can help them get started and move forward with an idea.
“It can help students gain insight and project themselves forward a lot quicker,” Woods said.