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July 2008
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This - as they say - is such a deal! The University of Washington Business School has created the Business and Economic Development Center (BEDC) to link students with small businesses. Students apply their knowledge consulting for small businesses, while the businesses grow and create jobs for the community. It comes at very little cost to taxpayers. The center's $400,000 budget is underwritten by local corporations, business school alumni, the Seattle Rotary Club and the King County Bar Association. The BEDC's Director, Michael Verchot, says this is the best education these undergrads can get. "By working with small business, they have to learn how all the disciplines that we teach separately connect together. The (small) companies are going to implement what you recommend, so you better get it right. You've got that pressure to succeed." In our KING 5 News story about Minh's Restaurant, owner Dzung Luong says she trusts the students because they worked hard, surveying her customers and streamlining her bookkeeping. "We've got to make it," she says. "I have three children still in school and I have to support them." Verchot says in the last few years, BEDC students have helped generate 500 new jobs and about $25 million in new revenue. "It's really pretty phenomenal." The program is so successful, they have to turn down requests for assistance. For more information on the program, e-mail busdev@u.washington.edu or check out their Web site: http://bschool.washington.edu/bedc. 2 Comments |
More Bull Shit from KING5 news. Today a man is killed in a construction accident and in the news reports we see you jerks doing interviews with Latino after Latino after Latino. I wonder KING5, was the dead man also a Latino? And why didn't you ask these men if they were legal residents of the United States?
KING5: A bunch of liberals, part of America's problem.
I work for a company that worked with the BEDC a few years ago - and as the program is wonderful in theory but in practice it was less than helpful. The students had wonderful ideas and if they had actually listened to what we were saying those ideas might have been helpful. Everything was about three steps away from where we were and it is obvious to me that they do not cover the dynamic of family business in any of their courses. All in all I was not impressed.