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05/11/2011 04:14 PM

CU program helps young business owners

Owning your own business can be a huge challenge but Clarkson University is making it easier to get started. Our Rachael Paradis has more on the Young Entrepreneur Program and how it benefits both the school and the students.

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POTSDAM, N.Y. -- Matthew Turcotte is no stranger to the business world. At 18, he owns a web design company called North Shore Solutions, and has since he was in high school.

Clarkson freshman Matthew Turcotte said, "One thing lead to another and I ended up actually getting some clients and some other people that I knew that wanted to hire me to do websites for them."

Turcotte knew he wanted to take his business further and he found the perfect way to do so with Clarkson University's Young Entrepreneur Award program. The program helps Turcotte with his business and is paying his tuition, in exchange for stock in his company.

CU Center for Entrepreneurship Director Marc Compeau said, "Not only is the young student passionate about the company, but now the University and all the resources we can provide provide that same passion."

Turcotte said, "They really care about my business and they want to help me succeed. They've provided excellent resources to help me grow this company that I've started."

And Turcotte say his business is seeing its fair share of success. His company now has about 200 clients and dozens of employees.

Turcotte said, "The business has grown significantly since I came here. It's been a great way for me to build a better presence. Try and become something even better than what we were before. That's what's happened here. We're reinventing the business and making it better, continuing to grow and expand it."

Which isn't bad for an 18-year-old who started out in his parent's basement.

For more information on the entrepreneurship program at Clarkson you can head to this website at www.clarkson.edu/entrepreneur.