Monday, January 29, 2007

A New Type of University: With Venture Capital Backing

Hmmm.... It'll be interesting to see where this goes:

Grand Canyon University features classes taught by full-time business owners, not academics.

"For undergraduates who complain that college doesn't teach them anything about the real world, a new four-year school in Arizona seeks to deliver business lessons from those who know them first-hand.

Grand Canyon University's College of Entrepreneurship, based in Phoenix, will offer courses all taught by full-time business owners, not academics. Classes began on Jan. 10...

Students will have access to money from a venture-capital fund, so that their ideas can be put to work as they study. While this is not the only fund of its kind, it is among those that provide financial resources to undergraduates only."

Read the full article here.

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