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Hit the Floor

Entrepreneurship floors in universities let students live their businesses 24/7.

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This story appears in the May 2005 issue of Entrepreneur. Subscribe »

There may have been a drama floor or a cinema floor at your dorm--but was there an entrepreneurial floor where students with their sights set on starting businesses could live with other like-minded people? Today, you'll find these pioneering programs at universities all over the country. At Babson College's E-Tower in Babson Park, Massachusetts, for example, undergraduates learn entrepreneurship by day and live with other entrepreneurial students by night.

The benefits of living and working entrepreneurship are many, says Robert M. Kearns, 22, a Babson student graduating this month. He has spent four years living at the E-Tower, a floor with 21 residents who are all starting businesses or developing business plans. Says Kearns, "At any point, at 2 in the morning, if I have a problem there's someone there who's had that experience and is going to know the answer."

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