The discussion about the role of academia and business in preparing entrants onto the labor market is most likely as old as the Academia itself. Generally the discussion looks like that: Academic view: we are not vocational schools and still we deliver what we are paid for. Business view: schools in general teach outdated knowledge and skills not compatible with fast changing business needs. The Central European Institute (CEI), an organization within Quinnipiac University was established to foster mutually beneficial business and academic relationships . A few years ago, the CEI recognized an opportunity for students to provide a real, hands on and up to date consulting services for international companies planning to enter the US market. The student multidisciplinary teams (composed of MBA and International Business students) are led by leader/manager. The teams work directly with companies, owners and management teams and report do the Director of the CEI. Besides applying their business knowledge to real businesses the student teams are prepared to launch pilot projects on campus or with local businesses hence providing a real life test for the business products and services. The presentation will showcase a few projects that the students worked on and will share some lessons learned.