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News Release COLLEGE NEWS RELEASE / January 16, 2009 Boise State College of Business and Economics Announces Plan to Assist Businesses in Difficult Economic Climate Boise State University’s College of Business and Economics (COBE) is launching a new effort to assist Treasure Valley businesses during a down economy. The “Spring 2009 Economic Turnaround Initiative” is a plan to help 200 Treasure Valley businesses between now and May. The local business community is urged to contact the college immediately to benefit from the wide variety of expertise available at the university. Assistance will be provided on a first-come, first-served basis. Interested businesses should call (208) 426-4950. “The College of Business and Economics is a key driver of Idaho’s economic growth,” said COBE dean Pat Shannon. “We want to make it as easy as possible for civic leaders, businesses and economic development entities to access, utilize and gain from the college’s wealth of resources.” The college has a long history of assisting local businesses. The college plans to do so this semester through internships, faculty consulting, graduate assistantships, semester-long class projects, Executive MBA capstone projects, in-class live problem solving, small business consulting, manufacturing consulting, high-tech business incubation and more. Past efforts have led to a higher level of success for participating businesses and organizations. For example, a team of Executive MBA students formulated a plan for the Idaho Youth Ranch to increase revenue by starting an e-books business. “Since our rollout on Sept. 8, 2008, we have sold 14,000 books and booked $129,000 in gross revenues,” said Steve Woodworth, Idaho Youth Ranch president and CEO. “We have customers in every state and many other countries. The Executive MBA team provided the brainpower and encouragement we needed to move forward with this endeavor. ” Local businesses can turn to the college for assistance with employee manuals, marketing plans, business plans, economic forecasting, lean manufacturing expertise, employee training, information system development, compensation plans, training manuals, volunteer handbooks, CPA review and more. For more information about COBE, visit http://cobe.boisestate.edu. -30- Contact: Sherry Squires, University Communications, (208) 426-1563, ssquires@boisestate.edu Boise State University is “The New U Rising” with record student enrollment, new academic buildings, additional degree programs and a growing research agenda. Learn more at www.boisestate.edu.
Last reviewed on Friday, January 16, 2009
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