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The Razor’s Edge Shark Cage Scholars Program is designed for first time in college freshmen interested in identifying business opportunities, gaining the necessary knowledge and skills to launch a business, managing limited resources, and developing an entrepreneurial mindset. Similar to the popular television show “Shark Tank,” students will pitch a concept for a business or product to business leaders, faculty in the H. Wayne Huizenga College of Business and Entrepreneurship (HCBE), and other NSU faculty members in Shark Pitch. Selected students will minor in Entrepreneurship; enjoy unique mentoring experiences with business leaders, entrepreneurs, and faculty members; get a glimpse into the minds of successful, outstanding high-profile entrepreneurs and business leaders in the Distinguished Lecturer Series; meet face-to-face and dialogue with Executives in Residence; and network with entrepreneurs and business executives.  Students will start an on-campus business with a $5,000 micro-loan. Students participating in this innovative scholars program must have a deep desire to build and sustain strong, ethical, and socially responsible businesses.

Through the Razor’s Edge Shark Cage Scholars Program and co-curricular activities, students will be prepared to start their own businesses, purchase an existing business, buy a franchise, organize the launch of new products or services, or work for an existing business and lead the development of a new division. 

Upon completion of the program, students will demonstrate their entrepreneurial mindset and have an understanding of what it is to be part of a cutting-edge entrepreneurial program. Through opportunity recognition they will recognize, create, and develop ideas; evaluate those ideas against market needs; and, convert the good ideas into business opportunities and be true representatives of what NSU expects from its students—entrepreneurial leaders with a strong moral compass starting and growing socially responsible, ethical, and sustainable businesses.

Requirements: Interested in developing and launching a business that will benefit the greater university. Students are required to live on campus.

Award Amount: $21,000 ($17,000 tuition restricted, $3,500 campus housing, $500 meal plan)

After completion of the Razor's Edge Shark Cage Scholars Program, students are eligible to receive a Minor in Entrepreneurship, noted on the student's transcript.

YEAR 1

Curricular

MGT 2050 – Principals of Management (3 credits)
LED 3000 – Introduction to Leadership (3 Credits)     

These courses can be taken in either semester 1 or 2.

Co-Curricular

  • Elevator Pitch
  • Huizenga Business College Mentor/Razor’s Edge Shark Cage Mentee Match & Meetings
  • Conclave (Bi-monthly Meetings)
  • Shark Pitch Presentation
  • Distinguished Lecture Series Meeting(s)
  • Executive in Residence Meeting(s)
  • Entrepreneurs Hall of Fame Dinner
  • Student Organization Membership
  • Razor’s Edge Shark Cage Student Mentor/Mentee Match & Meetings
  • Portfolio Development

Campus Involvement

Razor’s Edge Shark Cage students are required to join or create a campus student club or organization; present an Elevator Pitch to Huizenga Business College faculty and fellow Shark Cage students; and, participate in bi-monthly conclave meetings, service days, and Shark Preview.  Students will present a Shark Pitch presentation to a panel of experts, prospective Razor’s Edge Shark Cage students and HCBE students and utilize the feedback to develop further funding opportunity in second year; and, students will begin developing a portfolio.

YEAR 2

Curricular

Semester 1/Fall 1 Cohort Group: 

  • ENT 3100 – Small Business Management (3 credits)

Semester 1/Fall 2 Cohort Group: 

  • ENT 2000 – Entrepreneurial Opportunities & Analysis (1 credit)
Co-Curricular
  • Business Plan Development with Huizenga Business College Faculty and Mentors
  • HCBE Mentor/Shark Cage Mentee Meetings  
  • Shark Cage Student Mentor/Mentee Meetings
  • Conclave (Bi-monthly Meetings)
  • Distinguished Lecture Series Meeting(s)
  • Executive in Residence Meeting(s)
  • Entrepreneurs Hall of Fame Dinner
  • Student Organization Membership
  • Portfolio Development

Campus Involvement

Razor’s Edge Shark Cage students are required to participate in a student business club or other club on campus; and, participate in bi-monthly conclave meetings, service days, and Shark Preview. Students will serve as mentors to younger Shark Cage students; create a business plan; make a presentation to gain funding from NSU, including financial analysis for viability of the business; meet with various NSU departments to understand logistical, legal, and other issues related to getting their business ready to launch; and, continue working on their student portfolio.

YEAR 3

Curricular

Semester 1/Fall 1 Cohort Group: 

  • ENT 3000 – Running Your Business (1 credit)

Semester 1/Fall 2:

  • ENT 4400 – Franchise Management (3 credits)

Semester 2/Winter 2 Cohort Group:

  • ENT 3010 – Maturing Businesses (1 credit)

Co-Curricular

  • Launch and Operation of Student-Run Business
  • HCBE Mentor/Shark Cage Mentee Meetings  
  • Shark Cage Student Mentor/Mentee Meetings
  • Conclave (Bi-monthly Meetings)
  • Distinguished Lecture Series Meeting(s)
  • Executive in Residence Meeting(s)
  • Entrepreneurs Hall of Fame Dinner
  • Student Organization Leadership Role Encouraged
  • Portfolio Development

Campus Involvement

Razor’s Edge Shark Cage students are encouraged to hold a leadership position in a business club or other club on campus; participate in bi-monthly conclave meetings, service days, and Shark Preview; serve as mentors to younger Shark Cage students; launch and run an impactful business that engages the campus community; and, continue to work on their student portfolio.

YEAR 4

Co-Curricular

  • Close Down/Sell/Transition Business
  • Mentor Students in Student-Run Businesses
  • HCBE Mentor/Shark Cage Mentee Meetings
  • Shark Cage Student Mentor/Mentee Meetings
  • Conclave (Bi-monthly meetings)
  • DECCA Competition Judge
  • Distinguished Lecture Series Meeting(s)
  • Executive in Residence Meeting(s)
  • Entrepreneurs Hall of Fame Dinner
  • Student Organization Leadership Role Encouraged
  • Portfolio Finalization

Campus Involvement

Razor’s Edge Shark Cage students are encouraged to hold a leadership position in a business club or other club on campus; participate in bi-monthly conclave meetings, service days, and Shark Preview; serve as mentors to younger Shark Cage students; serve as a DECCA competition judge; develop an exit strategy for their business; and, finalize their student portfolio.

  • Student must remain in good Academic and Conduct standing with NSU at all times.
  • Student must maintain a minimum cumulative GPA of 2.8 at the end of each semester, failure to maintain this minimum GPA may result in dismissal from the Razor’s Edge Shark Cage Scholars Program.
  • Student must earn a grade of “B” (3.0) or better in each course used to satisfy the Razor’s Edge Shark Cage Scholars Program Minor requirements.
  • All credit hours used to satisfy the Razor’s Edge Shark Cage Scholars Program major or minor requirements must be earned at Nova Southeastern University.
  • No credit by exam (TSD, Military, Dual Enrollment, CLEP, IB, etc.) may be used to meet the Minor requirements.
  • Co-Op or Independent Study credit may be used toward the Razor’s Edge Shark Cage Scholars Program Minor, however you must coordinate with the Program Administrator.
  • The Razor’s Edge Shark Cage Scholars Program Minor awarded only upon completion of the undergraduate degree.
  • Student may participate in a NSU dual admission program and continue to receive the Razor’s Edge Shark Cage Scholars Program scholarship if all requirements, during the first year of dual admit/last year of undergraduate study, are met.
  • Student must live in on-campus housing for each year he/she participates in the Razor’s Edge Shark Cage Scholars Program and will reside within the designated Razor’s Edge communities.
  • The Razor’s Edge Shark Cage Scholars Program scholarship is NOT additive to any additional major institutional awards (Presidents, Presidents Premier, Dean’s, etc.), and it is not amendable in terms of directed allocations.
  • Student must work with advisors and the Razor’s Edge Shark Cage Scholars Program administrators to organize his/her schedule to maximize academic progress while completing the Razor’s Edge Shark Cage Scholars Program requirements.
  • Student must organize his/her academic schedule to meet the minor requirements, all conclave meetings, and all co-curricular requirements.
  • Student will play an active role in developing opportunities, assisting with operations, and managing tasks internal to the Razor’s Edge Shark Cage Scholars Program.
  • Student will demonstrate active participation in NSU student organizations by mid-term of the Freshmen Fall semester and develop progressive responsibilities including leadership roles in student organizations while at NSU.
  • Failure to uphold the stated programmatic values or failure to meet any of the program requirements can result in dismissal from the program.  Dismissal can result in the loss of all scholarships and program privileges during that semester or subsequent semesters/academic years.  This is inclusive of Razor’s Edge Shark Cage Scholars Program scholarship towards housing (if dismissal occurs after Drop/Add period) and/or subsequent academic year(s) and including housing).
  • Student will be responsible for starting and running an on-campus business with a micro-loan, which he/she will receive from the university, and which will engage the faculty, staff and students of Nova Southeastern University.
  • The Razor’s Edge Shark Cage Scholars Program participants are expected to understand that as the program develops there may be changes to expectations.

The scholarship allocation for the Razor’s Edge Shark Cage Scholars Program is as follows:

  • $15,000 annually toward tuition and fees
  • $4,500 annually toward on-campus housing
  • $500 annually toward the university meal plan

Note: These scholarships are renewable for up to four years of continuous undergraduate enrollment pending successful completion of yearly program requirements. Students receiving such support must agree to live in on-campus housing for the duration of the entire program.

There is one application for all Razor's Edge Scholars Programs. Prospective applicants accepted to NSU will proceed to the next step of the application process, notified accordingly, and must attend one of the designated Shark Preview Weekends to interview and complete the application process.

Become a Razor's Edge Shark Cage Scholars Program student!

Students with a deep desire to build and sustain strong, ethical, and socially responsible businesses and to find their competitive edge, now is the time to become a Razor's Edge Shark Cage Scholar!

For more information on how to apply to become a Razor's Edge Shark Cage Scholar, visit the SharkPreview Orientation page.

For more information: 

Cheryl R. Babcock, CFE
Lecturer & Director
Razor’s Edge Shark Cage Scholars Program
H. Wayne Huizenga College of Business and Entrepreneurship
Nova Southeastern University

(954) 288-7435
babcockc@nova.edu

Apply Now

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