Fairfield has been called the “entrepreneurial capital of Iowa” by governor Terry Branstad. According to the Fairfield Economic Development Association (FEDA), “a third of venture capital in the entire state has been invested in Fairfield-based companies.” The MUM College of Business is excited to be based in such a rich environment for entrepreneurial ventures to thrive.
MUM takes pride in supporting and facilitating entrepreneurial venture of the students in the Concept to Market Institute. Many of our graduates take advantage of the resources and low cost of living that Fairfield has to offer and start their own companies here.
In addition to Governor Branstad’s praise, Fairfield has also received two entrepreneurial awards:
2003 Grassroots Rural Entrepreneurship Award for Most Entrepreneurial City in America (with a population under 10,00) by the National Association of Small Towns and Townships in conjunction with the Kaufman Foundation.
2004 Most Entrepreneurial City in Iowa by Iowa State University’s Center for Community Vitality
Interested in learning more about business in Fairfield? Check out FEDA’s website, which aims to “invite and attract new business, expand and retain our existing businesses and create jobs and wealth here in Fairfield.”