The entrepreneurial development and experiential education environments of Oakwood College, Huntsville, Alabama, are described. The college-owned industries of the dairy, farm, garment and linen service, bakery, food manufacturing, convenience store, and snack bar are discussed in terms of markets and marketing, permissions and protections, management and business services, financial aspects, facilities and materials, and schedules and staffing. Steps in the planning, decision-making, and implementation of a business venture are outlined. The principal characteristics of experiential education, including forms of implementation, work arrangements and supervision, and outcomes, are discussed. It is concluded that the primary financial benefit to the college from the industries program results from the opportunities provided for student employment. The college enterprises also sell to the college and to outside markets, generating sales income. (SW)