Programs > Minnesota Business Venture

Minnesota Business Venture (MBV), a summer business, financial literacy and entrepreneurship program offered by BestPrep provides high school students hands-on experience of the business world. This is created through the mentorship of on-campus adult volunteers called Resident Business Leaders (RBLs), seminars with a variety of professionals, and the chance to explore career opportunities.

The number one thing new RBLs wish they would have known before camp is how much fun MBV is!

Resident Business Leaders (RBLs) stay on campus and work throughout the week with a diverse group of 10-15 high school students called a “company.” The RBL guides the company through specific activities and leads group discussions.

The company structure and the guidance of the RBL, with the assistance of a returning “CEO” student leader, are the main components of MBV!

This is where the program is most likely to achieve its goal of enhancing financial literacy, developing teamwork and leadership skills. During company meetings, students and RBLs make management decisions for their business plan, prepare for the day’s presentations given by visiting speakers; and address current issues. This is an excellent experiential management and team-building opportunity.

Through participation in Minnesota Business Venture, RBLs and sponsoring companies gain:

* Employee Development * Leadership Development * Management Skills * Organization Skills * Team-Building Skills * Communication Skills * Volunteer/Community Involvement * Company Name Recognition * Networking with other young professionals

As for me, I think one of the key benefits of MBV for me was that I got to help kids that reminded me of a younger version of me. I got to remember what it felt like to be in high school with so many options in front of me - being able to help students evaluate their situation based on what I have learned was very rewarding. On a professional level it definitely has increased my ability to facilitate effective meetings - if you can get a room of 14 teenagers to focus on the task at hand getting adults to do it is a snap. Adam Taylor, e-Marketing Specialist Securian Financial Group

The primary RBL qualification is a desire to share business and work experiences with high school students. Prior experience working with high school age students is helpful, but not essential. Orientation is provided for a day in early June (TBD) as well as a day at MBV prior to the students arriving. Some other helpful qualities include: enthusiasm for your work and business, strong communication skills, creative problem solving techniques, team-building skills, desire to work with students from a diverse background, ability to be an exemplary role model, and experience with your company or field.

2009 Dates:
RBL Training Day: TBA – held in early June in the Twin Cities
Session 1: July 11-17 at St. Cloud State University
Session 2: July 25-31 at St. John’s University

RBLs are housed in upper class student housing. Room and board expenses are the responsibility of the RBL or their company. Total cost for the week is $500 and is billed to the RBL or sponsoring company. Consider the cost an economical investment in your personal development! Scholarships may be available for RBLs whose company will not sponsor the payment.

Download RBL info:
Company info
Employee info

If you have questions or would like more information regarding being an RBL, please contact us.

Contact Information
Andrea Hanson, Minnesota Business Venture Director
763-398-0090 ext. 226
ahanson@bestprep.org

Emily Tohal, Program Associate
763-398-0090 ext. 230
etohal@bestprep.org