Experiential learning is key. Innovation, entrepreneurship and Venture Capital/Angel Investing cannot be taught solely out of a text book. There has to be opportunities for students outside of the classroom to supplement this learning. For example, Dakota Venture Group, a University of North Dakota student run venture capital investment fund, was the first solely student run fund in the United States. Dakota Venture Group provides students the opportunity to conduct due diligence, make final investment decisions, manage the portfolio, and negotiate the deal terms.