A Dorm for Dreamers and Doers – Babson College’s E-Towers spawns entrepreneurs

At Babson College’s E-Towers residence, student entrepreneurs craft startups, brainstorm, and even throw the odd party
Most college students look forward to winter break as a time to sleep, indulge in home-cooked meals, and recover from the fall semester’s final exams. Mark Prondzinski has different plans. Over the next three weeks, the Babson College sophomore will be coding a shopping-cart software program, finalizing the technology for a new online dating service that his friend is starting, and juggling two other Web-design jobs.

Now that the word is out, landing a spot in the E-Tower residence is a challenge. First, students must be accepted into Babson, the veritable "it" school for entrepreneurs. Then there’s an interview process with the current residents and a series of written essays about history and views on entrepreneurship. Current residents then vote on who gets in each semester.

By Erin Chambers

Full Story: http://www.businessweek.com/smallbiz/content/dec2004/sb20041221_2959_sb040.htm