OFC Overview - About the Innovation and Entrepreneurship Program

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About The Innovation & Entrepreneurship Program

Started in 2000, the Opportunity Funding Corporation (OFC) Innovation and Entrepreneurship Program has made a huge impact on entrepreneurship program development at the nation’s Historically Black Colleges and Universities. Entrepreneurs are key to the American enterprise and now that OFC is a new division of TMCF, TMCF will ensure the HBCU community does its part to guarantee that there is a talented and diverse pipeline of future entrepreneurs.

PROGRAM COMPONENTS
 
I. Business Plan Competition

Each year participating HBCUs conduct an internal competition on business plan development and business pitch presentation. The winner of each school’s internal competition then comes to Atlanta for The OFC Venture Challenge. The Challenge provides entrepreneurial opportunities and experiences to students and allows them to apply classroom-learned conceptual & theoretical knowledge. Click here to read the program handbook.

II. HBCU Dean/Faculty Development Seminar

Annually, HBCU Business School Deans and Campus Faculty Members are invited to the host city for an intensive seminar conducted by leading entrepreneurship scholars and practitioners from around the country. The objective is to infuse entrepreneurship into the campus curriculum.

III. TMCF Entrepreneurial Development Program

TMCF is partnering with the Gallup Organization to launch the first entrepreneurial talent assessment program for HBCUs. Launched out of the highly regarded Gallup Strengths Finder program, this unique approach of marrying science with the spirit of entrepreneurship is a key differentiator from other programs. The focus is to identify a student’s entrepreneurial talents and strengths to create highly successful businesses and meaningful jobs that will fuel our economy. Click here to read more about the Entrepreneurial Strengths Finder.