UT picks three for Entrepreneur Fellow program

A pair of budding businessmen from Knoxville and one from Marietta, Ga. have been selected for a new University of Tennessee MBA program that will cover the cost of tuition while helping the trio launch new businesses.

Paul Haymore from Marietta and Matt Parton and Brian Mohney from Knoxville are the first pariticipants in the MBA Entrepreneur Fellow program at the UT College of Business Administration. Each will receive $30,000 scholarships to cover costs associated with the three-semester program.

“The goal of the Entrepreneur Fellow program is to recruit the best and brightest MBA students who have an entrepreneurial drive and will work on early-stage, technology-enabled businesses while completing their degrees,” Tom Graves, director of operations for UT’s Anderson Center for Entrepreneurship & Innovation, said in a press release. “Through coursework, applied-learning experiences, faculty collaboration and mentorship, aspiring student entrepreneurs develop the skills and connections they need to successfully launch their new ventures.”

The scholarship winners must show progress each semester toward starting their business to continue receiving funding.

Sounds like a good deal to me — free cash for tuition and expert help in launching a new busines. Motivation shouldn’t be a problem with these students/entrepreneurs.

MBA Entrepreneur Fellow announcement