United Prairie Bank Integrated Business Experience (IBE) wins a 2022 Greater Mankato Growth Award

The Brian Fazio Business Education Partnership award recognizes partnerships that enhance education and business in Greater Mankato and the 2022 award recognized the College of Business and United Prairie Bank.

Dean Flannery’s acceptance speech included major key accomplishments of this signature College of Business program.

• Over 15 faculty have been involved since 2010 in envisioning, teaching, and continually evolving the IBE Program. Ten different faculty have taught in the program since its beginning.

• The first cohort included 12 students; 900 students have been part of 43 company teams since then.

• Student companies have never defaulted on a loan… paying back every cent of the $150,000 in loans from United Prairie Bank.

• $106,000 in profits have been donated to 21 different regional non-profits.

• Those 900 students also volunteered for 10,200 hours with non-profits