University of St. Thomas Schulze School of Entrepreneurship ranked in Top 25
MINNEAPOLIS (FOX 9) – The School of Entrepreneurship at the University of St. Thomas Schulze this week received a new ranking by Princeton Review which lists the school as the 23rd best entrepreneurial program in the country. In addition, it ranks first among Catholic universities.
“So we’re ultimately in the top 25. We feel good about it,” said Richard Schulze, the founder of Best Buy and the school’s sponsor.
“We’re number three, if you will, of all colleges and universities with a student population of less than 10,000. So that’s a distinction,” Schulze said.
Since the University of St. Thomas launched the Schulze School of Entrepreneurship within its Opus College of Business on the Minneapolis campus in 2005, Entrepreneurship has become the 8th largest major of studies at UST. Students from 74 different fields are now taking entrepreneurship courses.
Nate Charles is one of the students who has already started their business. You could call him the Good Humor Man without ice cream or a truck. He started his business on a bicycle called the Minnesota Beverage Bikes Company. He sells cold drinks along the exercise trails near the Twin Cities Lakes.
“Everyone loves to go around Lake Calhoun in the summer and run,” Charles explained. “And sometimes they don’t have a cold drink with them, so I’m here to provide that for them.”
Nate Charles, student at the School of Entrepreneurship at the University of St. Thomas Schulze (FOX 9)
Nate’s entrepreneurial spirit has earned him one of ten four-year Schulze Innovation Scholarships for new freshmen.
Entrepreneurship is important for the economy. The Bureau of Labor Statistics reported 4,363 new business establishments in the first quarter of 2021. The bureau says it has recreated 9,395 jobs.
“People who have been confined at home more are thinking more of, well, what am I doing today?” How good, you know, can I do it, will I be next year from this experience? And learning to take control of opportunity and fate on their own has become more and more important, ”said Schulze.
St. Thomas student Nate Charles runs his own business, the Minnesota Beverage Bikes Company. He sells cold drinks along the exercise trails near the Twin Cities Lakes.
As for Nate Charles, he is already thinking about his next business, this one relating to football. He can’t divulge the details in order to protect his idea, but believes it could be a game-changer.
“If I do it right, it could change the way football is played at the high school and college level,” Charles said.
He once peddled a path in the business world, and now he’s looking for more.
“It’s really important, if you have an idea, pursue that idea,” Charles said.