Be a Visionary
Committed to developing young leaders who work toward positive change in the city, Warner Pacific University launched a new degree program, the Bachelor of Science in Social Entrepreneurship (2013 academic year). The first of its kind in Oregon, the Social Entrepreneurship major equips students with the expertise needed to create innovative business ventures that address society’s most pressing challenges.
A social entrepreneur identifies small- and large-scale social problems and takes responsibility for providing sustainable solutions. Social entrepreneurs are visionaries, committing their lives to transform society.
At Warner Pacific, a service-oriented, faith-based approach to community outreach will help students exploring the Social Entrepreneurship major to gain practical experience through dynamic coursework, motivating them to engage with the community and the world beyond.
During the senior year, in conjunction with their internship, Social Entrepreneurship majors will be required to identify a need within the community and then create a small entrepreneurial business to meet that need; this is known as the Capstone Project.
At the core of the Capstone Project is a team made up of the student, a Social Entrepreneurship Advisory Board (SEAB), community partners, and faculty members. This team will work toward the common goal of creating free enterprise while meeting a community need, providing students the opportunity to apply classroom theory to real-life practice.
The culmination of the Capstone Project is the awarding of a cash prize for the best business plan, allowing students to become real-world social entrepreneurs by the time they graduate.
The Capstone Project
The Capstone Project gives students a theoretical and operational learning opportunity. The Capstone Project has been designed to provide each student with an opportunity to apply classroom theory to real-life practice. To accomplish this, a team made up of the student, an Entrepreneurship Advisory Board (EAB), community partners, and faculty will work toward the common goal of creating free enterprise while meeting community need.
During the senior year, in conjunction with their internship, SE majors will be required to identify a need within the community, and then create a small entrepreneurial business to meet that need. They will be expected to:
- Research and articulate that social need in a proposal
- Work with faculty and the Entrepreneurship Advisory Board (EAB) to determine if the idea is scalable
- Create a detailed business plan that will demonstrate how this business will meet the stated need
- Develop a presentation that presents this business plan to the EAB
The EAB will decide whether or not to fund the Capstone project. This is an individual project, but the student will have help to develop and implement the plan. A cash award will be presented for the best business plan, allowing the student to become real-world social entrepreneurs by the time they graduate.