The Butler Community College Board of Trustees held a special board meeting Wednesday afternoon to discuss approval of the revised entrepreneurial partnership guidelines policy.

The entrepreneurial partnership was brought about to support the college’s strategy for expanding resources through entrepreneurial endeavors.

The college has specific criteria established in order to assess the potential effectiveness of this process.

Partnership and activities criteria include: a unique product or service, improved satisfaction of stake-holders, demonstrated ability to generate net revenue, demonstrated continuous quality improvement and others as appropriate.

“This is just a minor change,” said Vicki Long. “Our goal is to move these processes along. We’ve changed some language.

“Approval of any entrepreneurial partnerships that will be going through will be approved by the Executive Director of Corporate Services, and that is currently Mary Moon.”

And then any other partnerships that would be out there, they would go through the appropriate board of executives.

“We felt like we had to have a starting point,” said Jackie Vietti, president.

“I think the college could have all kinds of liability assessing this once a year,” said Board Member Betty Corbin.

“Maybe we need to do that twice a year,” said Vietti. “One point is that before it’s approved it needs to be reviewed by the finance division. We’d be happy to do this semi-annually.

“Sometimes an opportunity surfaces and we need to respond quickly,” said Vietti. “A lot of the endeavors are a lot of work on top of already full load, we were thinking that if that pay back wasn’t significant enough, then we wouldn’t have individuals willing to be involved.”

The board discussed a change in Long’s proposal.

“There are several community colleges across the country that are doing an entrepreneurial program,” said Vietti.

“Our goal here is to expedite the process,” said Long.

“I would suggest you talk with WSU, they have a wonderful program,” said Board Member Ted Albright. “We can move on with it and then if we find we need to change it we can.”

The board continued with the action of approving the program with the change of a semi-annual analysis as opposed to once a year.