Student Projects

Each cohort of students creates and manages a business as a group. Throughout the semester they organize the company, create a business plan, apply for a business loan, and manage the business. At the end of the semester all profits are donated to an organization of their choice.

View photos of past IBE companies

A group of IBE company sideline comforts posing while holding a large check

IBE students standing on a staircase in campus posing for a group photo while displaying the Maverick horn sign with their hands

IBE business students presenting their business plans to a group of students and professors

IBE business students standing next to a table on campus selling their candles

Term Year Company Name Product/Service Loan Amount Gross Sales Donation Charity
Fall 2023 Inner Spark Candles $2,905.00 $15,492.83 $9,623.87 West Schell Fund
Fall 2018 SnoProblem Windshield cover, ice scraper with discounts $1,880.00 $8,820.85 $6,940.85 United Way
Spring 2023 U Mater MN Hats $3,425.00 $13,081.00 $6,555.27 Mara's Light
Spring 2015 M Nice Hockey stick hanger, sweatshirt, t-shirt, KatoKard $4,050.00 $11,189.00 $6,249.00 Feeding Our Community Partners
Spring 2024 Luminescents Candles, car diffusers $4,000.00 $10,815.00 $5,527.38 B The Light
Fall 2024 Sideline Comforts Trucker hats, bleacher pad, blanket $6,079.00 $14,62.00 $4,915.09 MSU Athletics
Fall 2018 MN Comfort Handmade coaster packs and 20 oz. tumblers $4,303.00 $7.810.99 $4,567.23 Partners for Affordable Housing
Fall 2023 Northern Bull Chopper mittens, beanies $6,091.18 $10,390.00 $4,347.53 MSU Athletics
Fall 2015 Kato Nation Power-up protein bar, long sleeve dri-fit shirt, shaker bottle $3,931.00 $4,803.44 $3,962.54 Anthony Ford Fund
Fall 2018 Mind Long-sleeved t-shirts, stickers $3,080.00 $7,041.42 $3,961.042 Open Door Health Center
Fall 2015 Midwest Grown Terrarium, crewneck sweatshirt $2,318.00 $5,378.00 $3,060.00 Make a Wish MN
Spring 2023 Kato Collections Fanny Packs, Hat, Tumbler $3,679.80 $6,550.00 $3,030.38 ECHO
Spring 2019 Riverbend Retailers Kato themed flags, handcrafted wooden wall décor $2,300.00 $4,875.00 $3,001.22 Boys and Girls Club of Mankato
Spring 2020 Noble Ice Backpack cooler, stainless steel tumbler, collapsiable reusable straws $4,000.00 $6,367.00 $2,826.01 FOCP
Fall 2022 Fit Fruit Hoodies, Shakers, Stickers $3,700.00 $6,486.87 $2,813.76 FOCP
Fall 2021 Minnesota Milers 5K Race Bundle, Loyalty Cards, Beanies $3,055.00 $5,719.00 $2,798.40 United Way
Spring 2024 Get a Whiff Reed diffuser, GOAT soap $3,382.00 $5,502.57 $2,692.26 American Legion
Spring 2024 All in Mind Baseball and trucker hats $3,842 $6,000 $2,686.59 Leo A. Hoffman Center
Fall 2021 Chilled Comfort Cooler Backpack, Everest Tumbler $3,375.35 $6,091.96 $2,646.04 JZ Cancer Fund
Fall 2014 MavFam Apparel Crewneck sweatshirt, long-sleeve dri-fit shirt, basketball jersey $2,660.00 $6,385.23 $2,551.63 Junior Achievement
Spring 2024 ibcozie Unisex sweatpants, men's and women's sweatshorts $4,000.00 $6,500.00 $2,542.91 BENCHS
Spring 2019 Great Lakes Lounge Northern comfort hammock, trailblazer mug, wilderness multi-tool $3,030.00 $5,550.65 $2,520.65 Habitat for Humanity
Fall 2013 Winner Wear Hats, mittens, sweatshirts $2,200.00 $4,900.00 $2,517.78 American Cancer Center
Spring 2023 Bull Shot Darts, PingPong, Cards $2,765.00 $5,184.00 $2,419.00 CADA
Spring 2020 Gold Horn Hydro dipped water bottle, Mav flag, stickers $2,750.00 $5076.34 $2345.55 MY Place
Fall 2012 MavNation T-Shirts, Long-Sleeve Shirts, Coffee Tumblers, Promotional Cards $2,500.00 $6,178.00 $2,307.00 Junior Achievement
Spring 2021 True North Essentials Beach towel, mesh tote bag, mesh hat, can cooler, water bottle $4,500.00 $6,775.73 $2,275.73 United Way
Spring 2022 Kato Classics Crewneck Sweatshirts, T-Shirts, Stickers $2,810.00 $5,228.00 $2,180.00 VINE
Spring 2016 Northern Standard Tornado mug, klitch, glass water bottles, hats $3,707.00 $6,426.00 $2,154.00 Mending Spirit Animal Rescue
Fall 2016 Kato Supply Company T-shirt, koozie, Kato Flag, silipint cups $3,216.00 $5,354.00 $2,136.00 MN Chapter of Madd
Spring 2016 Minnesota State of Mind Hat, sunglasses, beach towel $2,500.00 $4,181.00 $2,057.00 St. Jude's Children's Hospital
Fall 2024 IBeFit Duffel bag, towel, shaker bottle $5,619.00 $8,311.77 $2,054.62 Ride 2 Remember
Fall 2020 Minni 'Sota Beanies, wooden coasters, 2-in-1 tumbler $2,475.00 $4,482.42 $2,007.42 FOCP
Fall 2017 MN Native Retro Maverick t-shirt, 150th MNSU mug, MN Native hat, handcrafted MN LED sign $3,400.00 $6,611.00 $1,972.00 FOCP
Spring 2022 Stomper Grounds Lawn Chair, Can Coozie $5,801.61 $7,909.7 $1,931.72 United Way
Spring 2021 Be Kind Clothing Hoodies and t-shirts $3,826.00 $3,014.00 $1,912.88 Open Door Health Center
Fall 2022 Horns Up Mankato Fanny Packs, Backpack Cooler stickers, Water Bottle $3,610.00 $6,935.00 $1,875.00 BENCHS
Fall 2019 Ope Outfitters Sweatshirt, hoodie, t-shirt, trucker hat, tote bag $1,000.00 $5,962.06 $1,824.72 Mankato Area Foundation
Fall 2016 Midwest Made Hockey style hoddie, baseball t-shirts, copper insulated mug $4,500.00 $6,285.00 $1,785.00 FOCP
Fall 2024 Comfort Collection Candles, wax melts, blanket $3,029.00 $4,927.00 $1,776.56 MY Place
Spring 2012 IBE Giving T-Shirts, Collapsable Water Bottles $2,500.00 $3,759.00 $1,759.00 Kids Against Hunger
Spring 2018 Fire Design Products Sublimated fleece tie blanket, cotton mesh snapback hat $3,800.00 $4,520.00 $1,702.00 Blue Earth Nicollet County Human Society (BENCHS)
Fall 2017 Quenching with Quality Cooler backpack with ice pack, discount cup with keychain, stainless steel cup $3,400.00 $7,077.23 $1,690.73 FOCP
Spring 2023 Kato Country Cooler sling, visor, lawn chair $2,460.97 $4,250.00 $1,670.00 LEEP
Spring 2020 Do You. Lawn chairs, can covers, baseball hats $3,400.00 $4,625.00 $1,652.53 CADA
Fall 2023 Evergrowing Co. Hoodies $5,700.00 $9,225.00 $1,648.00 MY Place
Spring 2022 Kato Kaps Basball Caps, Bucket Hats $2,940.30 $4,159.00 $1,603.52 JZ Cancer Fund
Fall 2019 Kato Co. Acrylic mittens, athletic performance socks, college gameday tailgate blanket $3,236.00 $4,325 $1,531.44 BENCHS
Fall 2021 Eco Insights Minnesota Shaped Bamboo Cutting Board, Bamboo Bento Box with Utensils $6,000.00 $3,605.00 $1,526.00 Habitat For Humanity
Fall 2014 MavUp Winter hat, scarf, and stainless-steel travel coffee mug $3,000.00 $6,074.00 $1,512.23 FOCP
Spring 2013 MavStrong T-Shirts and Tank Tops (Keep Calm and Stomp On) $1,400.00 $3,409.00 $1,488 Kids Against Hunger
Spring 2018 Minnesota Chill Black sling koozie, black captain’s lawn chair $1,960.00 $3,115.00 $1,471.00 LEEP
Spring 2017 Northern Edge Outfitters Shirts, drink bottles, Stomper bags $3,634.42 $4,656.20 $1,355.44 REACH Drop-In Center
Fall 2023 1st Step Hoodies, shaker bottles $5,660.00 $6,115.13 $1,269.04 LEEP
Fall 2020 Let It Glo Attachable ring light, foldable laptop desk, motivational stickers $1,050.00 $2,349.05 $1,256.35 ECHO Food Shelf
Fall 2022 Kato Kozy Hoodies and beanies $3,895.00 $5,005.85 $1,110.85 LEEP
Spring 2021 Safe-T-Sentials Cooler backpack and safety kit $3,215.50 $4,654.58 $1,007.03 YWCA of Mankato
Fall 2017 On the Move Backpacks, fanny packs, lanyard wallets $2,408.00 $3,079.00 $757.27 Leisure Education for Exceptional People (LEEP)
Fall 2020 Deieso Black and blue hoodies, stickers $2863.18 $3,325.00 $655.00 LEEP
Fall 2024 Polar Pak Ice scaper, window breaker/seatbelt cutter, jumper cables, gloves $4,420.00 $5,080.34 $616.98 Wheel Get There