The Prince Entrepreneurship Program Five Stage Learning Model was created to ensure that students who elect to enter this program will encounter a truly integrated learning environment by incorporating traditional academic techniques such as lectures and case studies along with innovative techniques such as entrepreneurial mentoring, and actual business creation, the student is given the opportunity to learn in a unique educational atmosphere.

1. Understanding Yourself
In the first stage of the Prince Program, business students take the Myers Briggs personality survey, the Career Anchor Questionnaire, and are personally interviewed by the Prince Program faculty to determine career orientation and motivation. Students with the inclination and desire to learn more about new venture creation, ownership, and management are provided with Prince Program literature and meet with the Prince Program Director for personal advertisement. The Prince Program Director then advises each student about the specifics of the program and its applicability and relevance to the student's career goals.

2. Listening and Reading
In the second Prince Program course, students read contemporary writings on the psychology of Entrepreneurship and have the opportunity to listen and interact with visiting entrepreneurs. Students are provided biographical data about the entrepreneur and other relevant information regarding the entrepreneur's specific business as well as the industry in which the business operates. Students are then given the opportunity to converse with the entrepreneur both during class and at other times during the entrepreneur's visit. This is an excellent opportunity to learn from and be mentored by those individuals who are actually in the field.

3. Research
In the third course of the program, students investigate the steps necessary to develop a new business and what it would take to bring this business to life. Students write three proposals regarding the creation of their new venture. These papers consist of a conceptual articulation, a business feasibility study, and a comprehensive business plan. Students receive feedback from various faculty and senior level business students. The conceptual articulation paper and business feasibility study must be reviewed and approved by the Prince Entrepreneurship Zoning Board prior to any further investigation. The student's business plan is then presented to the Prince Venture Capital Board for investigation. The student's business plan is then presented to the Prince Venture Capital Board for investment consideration.

4. Being an Entrepreneur
In the fourth course of the Program, students are required to open and operate their business for a period of time, between three months and one year. At the end of the business' pre-determined life, experienced business students audit the student's firm. The entrepreneurial students then write an annual report of their business. These annual reports are professionally presented to the Prince Program Board of Advisors. Students final grades for this course are determined by the degree to which they meet their pre-determined goals and objectives. Faculty and board members determined the students ultimate grade. With approval from the Prince Board of Advisors, the students may take their particular business with them upon leaving the University.

5. Lifelong Networking
When students successfully complete the sequence of courses, they receive a certificate of completion of the Prince Entrepreneurship Program and regularly assigned course credit. The goal is to provide a mechanism which provides a lifelong opportunity for both students and graduates of the Program may request professional business consulting from the Program's entrepreneurial consulting team. Networking is provided in the following ways:

Prince Entrepreneurship Newsletter
Prince Program update letters sent to all participants three times per year
Prince Program web site
Membership on Prince Board of Advisors
Membership on Prince Venture Capital Board