Description
Purdue Research Parks Entrepreneurship Academy
Purdue Research Park's Entrepreneurship Academy
provided innovative math, science and technology-
based business and life skills to empower young
people, and offer them unique opportunities and real-
world experiences.
NCI WIRED supported the formation of this effort in
2007 and 2008. Corporate donations sustained the
program in 2009.
The Purdue Research Park recognized incoming Indiana
high school juniors and seniors who demonstrated an
aptitude and interest in the areas of math, science, and
technology.
Selected students attended a five-day, high-tech focused Purdue
Research Park Entrepreneurship Academy at Purdue University’s
West Lafayette campus. The Academy was led by Purdue
Research Foundation staff, Purdue University faculty, industry
leaders, business experts and successful high-tech business
entrepreneurs. Students worked in teams of five with other
students from Indiana high schools to:
?identify a viable business idea
?test the feasibility of the idea
?determine the best way for the business to compete
?identify capital needs to start the business
?devise a plan for managing the business successfully
Participants were provided with case studies, instruction and necessary
materials to assist them in the successful completion of the program. On
the final day, the teams presented their executive summary and a 15-
minute “investor pitch” to faculty and community judges. Tuition
vouchers were given to the teams whose presentations were judged as
having the most solid business strategy and promise for success.
The 2007 Academy was developed and funded by
WIRED.
In 2008, additional sponsors came on board and
students from around the state were also invited.
In 2009, no WIRED funding was used; the program
was sustained and supported through outside
funding.
37 Regional Students Trained in Entrepreneurship 2007
24 Regional Students Trained in Entrepreneurship 2008
(plus 23 additional students from outside the region)
This program is an excellent example of the rapid
turnaround time made possible by our Opportunity Fund
and the Sustainability measures we included in proposals.
I. Estimated Budget (slide 6)
II. Sponsorship (slide 7-8)
III. Nomination Packet
a) Nomination Letter (example on slide 9)
b) Who May Nominated (example on slide 10-11)
IV. Welcome Information
a) Congratulation Letter (slide 12)
b) Welcome Letter (slide 13-16)
c) Agenda (slide 17-23)
V. Awards Ceremony (slide 24)
($)
Instructor Honorarium 10,000
Salaries/Wages – Counselors 1,800
Housing – Students, counselors, instructor 11,500
Meals 10,500
Tuition Vouchers 7,500
Equipment Rental 5,000
Textbooks 3,500
Conference Coordination 3,300
Printing and Supplies 1,500
Postage 500
Transportation 750
Miscellaneous 1,000
TOTAL $56,850
High School Entrepreneurship Academy 2009
The Purdue Research Park wants to recognize incoming Indiana high school juniors and seniors
who have demonstrated an aptitude and interest in the areas of math, science, and technology.
Selected students will attend a five-day; high-tech focused Purdue Research Park Entrepreneurship
Academy at Purdue University’s West Lafayette campus the week of June 21-26, 2009. The
Academy will be led by Purdue Research Foundation staff, Purdue University faculty, industry
leaders, business experts and successful high-tech business entrepreneurs. Students will work in
teams of five with other students from Indiana high schools to identify a viable business idea, test
the feasibility of the business idea, determine the best way for the business to compete, identify
capital needs to start the business and devise a plan for managing the business successfully.
Participants will be provided with case studies, instruction and necessary materials to assist them in
the successful completion of the program. On the final day, the teams will present their executive
summary and a 15 minute “investor pitch” to faculty and community judges.
Tuition vouchers will be given to the teams whose presentations are judged as having the most
solid business strategy and promise for success.
As a sponsor you enable the program to continue growing and provide resources, prizes and
professional services to students participating in the Purdue Research Park Entrepreneurship
Academy.
If you are interested in becoming a sponsor or would like more information about the Purdue
Research Park Entrepreneurship Academy, please contact:
(include appropriate contact information)
You can also visit us on the web at www.purdueresearchpark.com/Academy.
SPONSORSHIP LEVELS
Gold Sponsorship: $5,000 or more
This is an incredible opportunity for any company to be noticed by the community and Academy participants. The
weeklong program will conclude with a one-hour awards luncheon. The night before the Awards ceremony the students
and mentors will have a formal networking dinner at the Ross Ade Stadium. As a sponsor, you will receive the following
recognition:
4 seats at the Awards Luncheon and 2 seats at the Networking dinner
Opportunity to supply a panel judge for the competition
Your sponsorship will be recognized in opening announcements of luncheon and dinner
Logo and sponsorship acknowledgement on all print and web material
Photo opportunities with winning team and participants
Silver Sponsorship: $1,000-$4,999
This is an incredible opportunity for any company to be noticed by the community and Academy participants. The
weeklong program will conclude with a one-hour awards luncheon. As a sponsor, you will receive the following
recognition:
2 seats at the Awards Luncheon
Your sponsorship will be recognized in opening announcements at the luncheon
Logo and sponsorship acknowledgement on all print and web material
Bronze Sponsorship: Under $1,000
The weeklong program will conclude with a one-hour awards luncheon. As a sponsor, you will receive the following
recognition:
Your sponsorship will be recognized in opening announcements of luncheon
Logo and sponsorship acknowledgement on all print and web material
• The Purdue Research Park Entrepreneurship Academy officials
need your help in identifying deserving students. Please consider
filling out and returning the nomination formwith the names of
exceptional students who represent the finest your school has to
offer. Several criteria will be considered in selecting students who
have been nominated, including creativity, leadership, academic
strength and an interest in entrepreneurship.
• Please return your student nomination formon or before April 24,
2009.
• All incoming Indiana high school Juniors and Seniors who meet the
basic eligibility criteria may apply.
• Basic Criteria: Demonstrates dedication and innovation in the
areas of Math, Science and Technology Education. Reveals strong
leadership skills and an above average level of energy for becoming
involved in advanced learning activities.
? Competitive Criteria: Use these bullet points to help select deserving
students and arrive at your nominations. The committee appreciates any
comments you could make on the student or students you are nominating:
? Demonstrates creativity and initiative
? Is recognized by peers as a leader
? Demonstrates ability to work with others and respects diversity
? Overall academic strength; student takes challenging courses and performs
well
? Genuine interest in and connection with concepts and concerns relevant to
high-tech entrepreneurship
? Testimonial: A written statement certifying to the nominees character,
conduct and qualifications. Nominees should show evidence of
independence, creativity, initiative, analytical thinking, strong
communication skills and the ability to work well with others.
? Student Essay: A 250 word essay from the nominated student briefly
stating what he /she expects to learn at the Academy.
«Address Block»
«Greeting Line»
Congratulations! The Purdue Research Park is pleased to inform you that you have been selected as one of Indiana’s
outstanding science, math or technology students.
In recognition of your achievements, you are invited to attend the Purdue Research Park Entrepreneurship Academy,
held at the Purdue University campus during the week of June 21-26, 2009. This Academy will offer seminars and
workshops designed to introduce you to the world of entrepreneurship. You will join other outstanding high school
students from around the state for a week of fun and learning.
Upon conclusion you and your team members will present an executive summary and “elevator pitch,” winners and
finalists of this competition will receive college tuition vouchers.
Your guardian and nominating teacher,«Nominating_Teacher», are invited to attend the closing awards luncheon on
Friday June 26, 2009. Tickets to the Awards Luncheon will be $15 each; students are limited to four guests each.
Your next step will be completing the registration process. Please see the enclosed packet for more information. You
must complete your registration by Monday June 8, 2009 in order to participate in the Entrepreneurship Academy.
Any questions should be directed to Tim Peoples at [email protected] 765-494-6630 or Juliana Spiker at
[email protected] 765-496-1049.
Congratulations again and we hope to see you on the 21st of June!
Sincerely,
Enclosures
Purdue Research Park
Entrepreneurship Academy
June 21-26, 2009
Registration and check in will be at Hillenbrand Hall, Purdue University West Lafayette
campus. Registration will be from 5:00-6:30 p.m. on the first day of the Entrepreneurship
Academy, Sunday June 21, 2009. Please see enclosed agenda.
Please visithttp://www.conf.purdue.edu/academy/ to complete the registration process for
the attending students. Your registration code is: prpea09
Please note: you must download and print the Parental Authorization form and the Boiler
Challenge Course release form. These forms must be signed by a legal guardian and
returned to XXXXXXXXX NO LATER THAN JUNE 4, 2009.
Contact Information to be included
Registration is NOT complete until a signed Parental Authorization form, a signed Boiler Challenge release
form, and full payment is received.
If you choose not to register online, you must download, print and sign the Registration form, Parental Authorization
form, and Boiler Challenge release form. These forms, along with a check for the registration fee in the amount of $75
made payable to Purdue University must be submitted to xxxxxx NO LATER THAN JUNE 4, 2009.
Residence hall rules will be established on the first night of the Entrepreneurship Academy. Participants will meet their
floor counselor to discuss standards of behavior. All participants are expected to comply with the rules, regulations and
policies of the residence hall. The rooms are double rooms and no more than two students will be assigned to a room.
Sheets, blankets, and pillows will be furnished. School appropriate attire is expected at all times. Shoes must be worn in
the dining halls. Pajamas, robes, slippers and bathing suits are not appropriate attire.
For the security of personal belongings, always keep your room locked. Please do not bring valuable items or large
sums of money. Purdue University is not responsible for theft or loss of money, valuables or personal belongings. Lost
and found items may be claimed by contacting the residence hall within two weeks after the close of camp.
Check out time is 3:00 p.m. on Friday, June 26, 2009 after the Awards Luncheon. Parents: please make
arrangements with your child ahead of time where and when you will pick them up.
Participants who drive to campus MAY NOT use their vehicles during the week. Parking for check-in and check-out will
be available at spots marked “residence hall parking only”. Please see enclosed parking map.
IMPORTANT INFORMATION
Hillenbrand Hall Hillenbrand Hall – Elizabeth Hartley
1301 Third Street Main Office – (8 am – 11 pm)
Purdue University Phone: (765) 494-0325
West Lafayette, IN 47906
?
ACADEMY CHECKLIST:
Alarm clock
Snack and pocket money
Underwear and socks
Pajamas
Toiletry articles – soap, shampoo, etc.
Athletic shoes
Athletic wear
Casual wear
Business attire for Thursday evenings Networking Dinner and Team Presentations/Awards Luncheon on Friday
*No video games (console, or hand-held) will be allowed at the Entrepreneurship Academy. Please do not bring these
with you, as they will be confiscated and returned to you prior to check out.
WHAT YOU WILL GAIN FROM THIS EXPERIENCE
Goal: The goal of the Purdue Research Park Entrepreneurship Academy is to be a provide innovative math, science
and technology-based business and life skills that empower young people, and offer them unique opportunities and real-
world experiences.
Entrepreneurial Experiences: Working in teams of five, your team will choose from five high-tech case
studies. Teams will be provided with instruction and necessary materials to assist them in the successful completion of
their executive summary and “elevator pitch”.
Entrepreneurs: High-tech entrepreneurs representing a variety of technology backgrounds, expertise and products will
mentor the teams throughout the week. The teams will also hear from guest presenters who will share their stories of
success and lessons learned.
Entrepreneurial Tours: Students will tour the Purdue Research Park. More than 150 companies call the Purdue
Research Park home and approximately 100 of these firms are technology-related, creating the greatest cluster
technology-based ventures in the state of Indiana. During the tours, students will visit high-tech companies and observe
entrepreneurs in action. They will also meet executive leaders form the Purdue Research Park companies and in the
community.
MEDICAL CARE AND INSURANCE
Medical needs will be administered through the Purdue University Student Health Center. All students are covered by a
blanket insurance policy covering injuries sustained at the Entrepreneurship Academy, up to a maximum of $5,000.
Coverage does not extend to preexisting conditions.
If you have any questions about the Purdue Research Park Entrepreneurship Academy, or the registration
process, please contact:
Sunday June 21, 2009
5:00 pm to 6:30 pm Registration - Hillenbrand Hall
6:30 pm to 7:00 pm
Opening Ceremonies: (Hillenbrand Recreational Lounge)
Pizza Social
Introduction to Academy staff, counselors and Wendy Kennedy
Facility logistics & orientation
Review of Academy and events
7:00 pm to 9:00 pm
Barb Tyner-
Senior HR Generalist-Training and Employee Relations, PRF
Getting to know your team and company
9:00 pm to 11:00 pm Down to Business-Getting to know your team and company
11:00 pm Lights Out
Monday June 22, 2009
7:00 am to 8:30 am Networking breakfast (Windsor or Wiley Dining Court)
8:30 am to 10:00 am
Ready, Set, Go (Stewart Center Room 218)
?Welcome
?Review schedule/agenda for the day
?Break into teams at assigned meeting space
10:00 am Break
10:15 am to 11:00 am
YOU as a high tech entrepreneur
? What is a high tech entrepreneur
? How to think entrepreneurially
? Characteristics of an entrepreneur
11:00 am to 12:00 pm
What’s Your Idea?
? Commercializing your idea (Refer to Napkin Exercise)
? Tell me more
? Write your concrete language (Group break-out with worksheet)
12:00 pm to 1:00 pm Lunch (Windsor or Wiley Dining Court)
1:00 pm to 2:30 pm
So What? (Stewart Center Room 218)
What’s the problem?
? Spell out the opportunity
o Analogies and metaphors
o Breakout – analogies and metaphors
? The real problem (Group break-out with worksheet)
o The real problem
o Your pain statement
o State the opportunity
o Exercise on “real problems”
2:30 pm Break
2:45 pm to 4:30 pm
Where Does Your Idea Fit?
? Try this… (Group break-out with worksheet)
? Exercise - build a category map
? Group presentation of category maps
5:00 pm to 9:00 pm
Boiler Challenge Ropes Course
*Athletic Attire
9:00 pm to 11:00 pm Networking dinner and activities (Hillenbrand Recreational Lounge)
11:00 pm Lights Out
Tuesday June 23, 2009
7:00 am to 8:30 am Networking breakfast (Windsor or Wiley Dining Court)
8:30 am to 10:00 am
Who Cares? (Stewart Room 218)
Casting for customers
? Market fishbone - tool
? Sketch your segment straw man
Presentations by each group (Breakouts to work on each of these tools)
What’s your path to market?
? The relationships – partners
? Map your channels
10:00 am to 10:15 am Break
10:15 am to 12:00 pm
Why You?
What’s your competitive edge? (Group break-out with worksheets)
? Competitive positioning
? Who’s your competition?
? Define your competitive edge?
? What’s your “unlike” statement?
What’s Your Story?
? Developing your value proposition
? Crafting investor documents
? Your pitch
? Executive summary
12:00 pm to 1:30 pm Meet Your Mentors & Lunch (Stewart Center Room 218)
2:00 pm to 4:00 pm
Mentors
? Wendy Kennedy – Overview
? Working session with mentors
? Begin 10 slide preparation
5:00 pm to 6:00 pm Networking dinner (Windsor or Wiley Dining Court)
6:00 pm to 9:00 pm Rack and Roll Team Bowling (Purdue Memorial Union)
9:00 pm to 11:00 pm Work on presentations
11:00pm Lights Out
Wednesday June 24, 2009
7:00 am to 8:30 am Networking breakfast (Windsor or Wiley Dining Court)
8:30 am to 10:00 am
Mentors (Stewart Center Room 218)
? Work on 10 slide presentation
10:00 am to 10:15 am Break
10:15 am to 11:30 pm
**Team presentations with mentors
Complete 10 slide presentation
11:30 pm to 12:45 pm Lunch (Windsor or Wiley Dining Court)
1:00 pm to 2:00 pm
Tour of Discovery Park (Discovery Park)
? Bindley Bioscience Center
? Birck Nanotechnology Center
? Burton D. Morgan Center for Entrepreneurship/Entrepreneurship Certificate Program
? Discovery Park overview
? Guest speakers:
o TBA
5:00 pm to 6:30pm Networking dinner (Windsor or Wiley Dining Court)
6:45pm to 11:00 pm Academy Scavenger Hunt and Ice Cream Social (Campus, Dairy Queen)
11:00pm Lights Out
Thursday June 25, 2009
7:00 am to 8:30 am Networking breakfast (Windsor or Wiley Dining Court)
8:30 am to 9:30 am
Cynthia Sequin- (Stewart Center Room 218)
Senior Communication/Marketing Specialist
? Differentiate between media and public relations
? Utilize media to get your message out
9:30 am to 11:30 am
**Mentors
? Rehearse presentations with mentors
11:30 am Break
12:00 pm to 3:00 pm
Lunch & Tour at Purdue Research Park (KPTC Large Conference Room)
? Purdue Research Park presentation – Greg Deason, VP of Real Estate
o TBA
o TBA
o TBA
3:00 pm to 3:30 pm Return to Hillenbrand Hall
3:30 pm to 5:30 pm
Break and prepare for networking dinner (Ross-Ade Stadium/Shively Club)
*Business Attire
6:00 pm to 9:00 pm
Networking dinner at Ross-Ade Stadium with guest speaker:
Chad Barden - Chief Executive Officer, Chairman of the Board, Quadraspec
9:00 pm to 11:00pm Team activities
Friday June 26, 2009
7:00 am to 7:30 am Networking breakfast (Windsor or Wiley Dining Court)
7:30 am to 8:00 am
Teams Prepare for Investor Meetings (Stewart Center Room 314)
Team elevator pitches and executive summary
8:00 am to 12:30 pm
**Team Presentations to Investors (Stewart Center Room 314)
Teams order will be determined prior
1:00 pm to 2:30 pm
Awards Luncheon (Purdue Memorial Union South Ballroom)
Open to parents, educators, sponsors and participants
2:30 pm Closing remarks and conclusion of the Entrepreneurship Academy
3:00 pm Check-out and departure
Business Attire: Dress pants, shirt and tie
Athletic Attire: Tennis shoes, gym shorts and t-shirt
**Presentation Milestones
On the final day, the teams presented their
executive summary and a 15-minute “investor
pitch” to faculty and community judges. Tuition
vouchers were given to the teams whose
presentations were judged as having the most
solid business strategy and promise for success.
“This product was funded by a grant awarded under the Workforce
Innovation in Regional Economic Development (WIRED) Initiative as
implemented by the U.S. Department of Labor’s Employment & Training
Administration. The information contained in this product was created by a
grantee organization and does not necessarily reflect the official position of
the U.S. Department of Labor. All references to non-governmental companies
or organizations, their services, products, or resources are offered for
informational purposes and should not be construed as an endorsement by
the Department of Labor. This product is copyrighted by the institution that
created it and is intended for individual organizational, non-commercial use
only.”
doc_169616534.pdf
Purdue Research Parks Entrepreneurship Academy
Purdue Research Park's Entrepreneurship Academy
provided innovative math, science and technology-
based business and life skills to empower young
people, and offer them unique opportunities and real-
world experiences.
NCI WIRED supported the formation of this effort in
2007 and 2008. Corporate donations sustained the
program in 2009.
The Purdue Research Park recognized incoming Indiana
high school juniors and seniors who demonstrated an
aptitude and interest in the areas of math, science, and
technology.
Selected students attended a five-day, high-tech focused Purdue
Research Park Entrepreneurship Academy at Purdue University’s
West Lafayette campus. The Academy was led by Purdue
Research Foundation staff, Purdue University faculty, industry
leaders, business experts and successful high-tech business
entrepreneurs. Students worked in teams of five with other
students from Indiana high schools to:
?identify a viable business idea
?test the feasibility of the idea
?determine the best way for the business to compete
?identify capital needs to start the business
?devise a plan for managing the business successfully
Participants were provided with case studies, instruction and necessary
materials to assist them in the successful completion of the program. On
the final day, the teams presented their executive summary and a 15-
minute “investor pitch” to faculty and community judges. Tuition
vouchers were given to the teams whose presentations were judged as
having the most solid business strategy and promise for success.
The 2007 Academy was developed and funded by
WIRED.
In 2008, additional sponsors came on board and
students from around the state were also invited.
In 2009, no WIRED funding was used; the program
was sustained and supported through outside
funding.
37 Regional Students Trained in Entrepreneurship 2007
24 Regional Students Trained in Entrepreneurship 2008
(plus 23 additional students from outside the region)
This program is an excellent example of the rapid
turnaround time made possible by our Opportunity Fund
and the Sustainability measures we included in proposals.
I. Estimated Budget (slide 6)
II. Sponsorship (slide 7-8)
III. Nomination Packet
a) Nomination Letter (example on slide 9)
b) Who May Nominated (example on slide 10-11)
IV. Welcome Information
a) Congratulation Letter (slide 12)
b) Welcome Letter (slide 13-16)
c) Agenda (slide 17-23)
V. Awards Ceremony (slide 24)
($)
Instructor Honorarium 10,000
Salaries/Wages – Counselors 1,800
Housing – Students, counselors, instructor 11,500
Meals 10,500
Tuition Vouchers 7,500
Equipment Rental 5,000
Textbooks 3,500
Conference Coordination 3,300
Printing and Supplies 1,500
Postage 500
Transportation 750
Miscellaneous 1,000
TOTAL $56,850
High School Entrepreneurship Academy 2009
The Purdue Research Park wants to recognize incoming Indiana high school juniors and seniors
who have demonstrated an aptitude and interest in the areas of math, science, and technology.
Selected students will attend a five-day; high-tech focused Purdue Research Park Entrepreneurship
Academy at Purdue University’s West Lafayette campus the week of June 21-26, 2009. The
Academy will be led by Purdue Research Foundation staff, Purdue University faculty, industry
leaders, business experts and successful high-tech business entrepreneurs. Students will work in
teams of five with other students from Indiana high schools to identify a viable business idea, test
the feasibility of the business idea, determine the best way for the business to compete, identify
capital needs to start the business and devise a plan for managing the business successfully.
Participants will be provided with case studies, instruction and necessary materials to assist them in
the successful completion of the program. On the final day, the teams will present their executive
summary and a 15 minute “investor pitch” to faculty and community judges.
Tuition vouchers will be given to the teams whose presentations are judged as having the most
solid business strategy and promise for success.
As a sponsor you enable the program to continue growing and provide resources, prizes and
professional services to students participating in the Purdue Research Park Entrepreneurship
Academy.
If you are interested in becoming a sponsor or would like more information about the Purdue
Research Park Entrepreneurship Academy, please contact:
(include appropriate contact information)
You can also visit us on the web at www.purdueresearchpark.com/Academy.
SPONSORSHIP LEVELS
Gold Sponsorship: $5,000 or more
This is an incredible opportunity for any company to be noticed by the community and Academy participants. The
weeklong program will conclude with a one-hour awards luncheon. The night before the Awards ceremony the students
and mentors will have a formal networking dinner at the Ross Ade Stadium. As a sponsor, you will receive the following
recognition:
4 seats at the Awards Luncheon and 2 seats at the Networking dinner
Opportunity to supply a panel judge for the competition
Your sponsorship will be recognized in opening announcements of luncheon and dinner
Logo and sponsorship acknowledgement on all print and web material
Photo opportunities with winning team and participants
Silver Sponsorship: $1,000-$4,999
This is an incredible opportunity for any company to be noticed by the community and Academy participants. The
weeklong program will conclude with a one-hour awards luncheon. As a sponsor, you will receive the following
recognition:
2 seats at the Awards Luncheon
Your sponsorship will be recognized in opening announcements at the luncheon
Logo and sponsorship acknowledgement on all print and web material
Bronze Sponsorship: Under $1,000
The weeklong program will conclude with a one-hour awards luncheon. As a sponsor, you will receive the following
recognition:
Your sponsorship will be recognized in opening announcements of luncheon
Logo and sponsorship acknowledgement on all print and web material
• The Purdue Research Park Entrepreneurship Academy officials
need your help in identifying deserving students. Please consider
filling out and returning the nomination formwith the names of
exceptional students who represent the finest your school has to
offer. Several criteria will be considered in selecting students who
have been nominated, including creativity, leadership, academic
strength and an interest in entrepreneurship.
• Please return your student nomination formon or before April 24,
2009.
• All incoming Indiana high school Juniors and Seniors who meet the
basic eligibility criteria may apply.
• Basic Criteria: Demonstrates dedication and innovation in the
areas of Math, Science and Technology Education. Reveals strong
leadership skills and an above average level of energy for becoming
involved in advanced learning activities.
? Competitive Criteria: Use these bullet points to help select deserving
students and arrive at your nominations. The committee appreciates any
comments you could make on the student or students you are nominating:
? Demonstrates creativity and initiative
? Is recognized by peers as a leader
? Demonstrates ability to work with others and respects diversity
? Overall academic strength; student takes challenging courses and performs
well
? Genuine interest in and connection with concepts and concerns relevant to
high-tech entrepreneurship
? Testimonial: A written statement certifying to the nominees character,
conduct and qualifications. Nominees should show evidence of
independence, creativity, initiative, analytical thinking, strong
communication skills and the ability to work well with others.
? Student Essay: A 250 word essay from the nominated student briefly
stating what he /she expects to learn at the Academy.
«Address Block»
«Greeting Line»
Congratulations! The Purdue Research Park is pleased to inform you that you have been selected as one of Indiana’s
outstanding science, math or technology students.
In recognition of your achievements, you are invited to attend the Purdue Research Park Entrepreneurship Academy,
held at the Purdue University campus during the week of June 21-26, 2009. This Academy will offer seminars and
workshops designed to introduce you to the world of entrepreneurship. You will join other outstanding high school
students from around the state for a week of fun and learning.
Upon conclusion you and your team members will present an executive summary and “elevator pitch,” winners and
finalists of this competition will receive college tuition vouchers.
Your guardian and nominating teacher,«Nominating_Teacher», are invited to attend the closing awards luncheon on
Friday June 26, 2009. Tickets to the Awards Luncheon will be $15 each; students are limited to four guests each.
Your next step will be completing the registration process. Please see the enclosed packet for more information. You
must complete your registration by Monday June 8, 2009 in order to participate in the Entrepreneurship Academy.
Any questions should be directed to Tim Peoples at [email protected] 765-494-6630 or Juliana Spiker at
[email protected] 765-496-1049.
Congratulations again and we hope to see you on the 21st of June!
Sincerely,
Enclosures
Purdue Research Park
Entrepreneurship Academy
June 21-26, 2009
Registration and check in will be at Hillenbrand Hall, Purdue University West Lafayette
campus. Registration will be from 5:00-6:30 p.m. on the first day of the Entrepreneurship
Academy, Sunday June 21, 2009. Please see enclosed agenda.
Please visithttp://www.conf.purdue.edu/academy/ to complete the registration process for
the attending students. Your registration code is: prpea09
Please note: you must download and print the Parental Authorization form and the Boiler
Challenge Course release form. These forms must be signed by a legal guardian and
returned to XXXXXXXXX NO LATER THAN JUNE 4, 2009.
Contact Information to be included
Registration is NOT complete until a signed Parental Authorization form, a signed Boiler Challenge release
form, and full payment is received.
If you choose not to register online, you must download, print and sign the Registration form, Parental Authorization
form, and Boiler Challenge release form. These forms, along with a check for the registration fee in the amount of $75
made payable to Purdue University must be submitted to xxxxxx NO LATER THAN JUNE 4, 2009.
Residence hall rules will be established on the first night of the Entrepreneurship Academy. Participants will meet their
floor counselor to discuss standards of behavior. All participants are expected to comply with the rules, regulations and
policies of the residence hall. The rooms are double rooms and no more than two students will be assigned to a room.
Sheets, blankets, and pillows will be furnished. School appropriate attire is expected at all times. Shoes must be worn in
the dining halls. Pajamas, robes, slippers and bathing suits are not appropriate attire.
For the security of personal belongings, always keep your room locked. Please do not bring valuable items or large
sums of money. Purdue University is not responsible for theft or loss of money, valuables or personal belongings. Lost
and found items may be claimed by contacting the residence hall within two weeks after the close of camp.
Check out time is 3:00 p.m. on Friday, June 26, 2009 after the Awards Luncheon. Parents: please make
arrangements with your child ahead of time where and when you will pick them up.
Participants who drive to campus MAY NOT use their vehicles during the week. Parking for check-in and check-out will
be available at spots marked “residence hall parking only”. Please see enclosed parking map.
IMPORTANT INFORMATION
Hillenbrand Hall Hillenbrand Hall – Elizabeth Hartley
1301 Third Street Main Office – (8 am – 11 pm)
Purdue University Phone: (765) 494-0325
West Lafayette, IN 47906
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ACADEMY CHECKLIST:
Alarm clock
Snack and pocket money
Underwear and socks
Pajamas
Toiletry articles – soap, shampoo, etc.
Athletic shoes
Athletic wear
Casual wear
Business attire for Thursday evenings Networking Dinner and Team Presentations/Awards Luncheon on Friday
*No video games (console, or hand-held) will be allowed at the Entrepreneurship Academy. Please do not bring these
with you, as they will be confiscated and returned to you prior to check out.
WHAT YOU WILL GAIN FROM THIS EXPERIENCE
Goal: The goal of the Purdue Research Park Entrepreneurship Academy is to be a provide innovative math, science
and technology-based business and life skills that empower young people, and offer them unique opportunities and real-
world experiences.
Entrepreneurial Experiences: Working in teams of five, your team will choose from five high-tech case
studies. Teams will be provided with instruction and necessary materials to assist them in the successful completion of
their executive summary and “elevator pitch”.
Entrepreneurs: High-tech entrepreneurs representing a variety of technology backgrounds, expertise and products will
mentor the teams throughout the week. The teams will also hear from guest presenters who will share their stories of
success and lessons learned.
Entrepreneurial Tours: Students will tour the Purdue Research Park. More than 150 companies call the Purdue
Research Park home and approximately 100 of these firms are technology-related, creating the greatest cluster
technology-based ventures in the state of Indiana. During the tours, students will visit high-tech companies and observe
entrepreneurs in action. They will also meet executive leaders form the Purdue Research Park companies and in the
community.
MEDICAL CARE AND INSURANCE
Medical needs will be administered through the Purdue University Student Health Center. All students are covered by a
blanket insurance policy covering injuries sustained at the Entrepreneurship Academy, up to a maximum of $5,000.
Coverage does not extend to preexisting conditions.
If you have any questions about the Purdue Research Park Entrepreneurship Academy, or the registration
process, please contact:
Sunday June 21, 2009
5:00 pm to 6:30 pm Registration - Hillenbrand Hall
6:30 pm to 7:00 pm
Opening Ceremonies: (Hillenbrand Recreational Lounge)
Pizza Social
Introduction to Academy staff, counselors and Wendy Kennedy
Facility logistics & orientation
Review of Academy and events
7:00 pm to 9:00 pm
Barb Tyner-
Senior HR Generalist-Training and Employee Relations, PRF
Getting to know your team and company
9:00 pm to 11:00 pm Down to Business-Getting to know your team and company
11:00 pm Lights Out
Monday June 22, 2009
7:00 am to 8:30 am Networking breakfast (Windsor or Wiley Dining Court)
8:30 am to 10:00 am
Ready, Set, Go (Stewart Center Room 218)
?Welcome
?Review schedule/agenda for the day
?Break into teams at assigned meeting space
10:00 am Break
10:15 am to 11:00 am
YOU as a high tech entrepreneur
? What is a high tech entrepreneur
? How to think entrepreneurially
? Characteristics of an entrepreneur
11:00 am to 12:00 pm
What’s Your Idea?
? Commercializing your idea (Refer to Napkin Exercise)
? Tell me more
? Write your concrete language (Group break-out with worksheet)
12:00 pm to 1:00 pm Lunch (Windsor or Wiley Dining Court)
1:00 pm to 2:30 pm
So What? (Stewart Center Room 218)
What’s the problem?
? Spell out the opportunity
o Analogies and metaphors
o Breakout – analogies and metaphors
? The real problem (Group break-out with worksheet)
o The real problem
o Your pain statement
o State the opportunity
o Exercise on “real problems”
2:30 pm Break
2:45 pm to 4:30 pm
Where Does Your Idea Fit?
? Try this… (Group break-out with worksheet)
? Exercise - build a category map
? Group presentation of category maps
5:00 pm to 9:00 pm
Boiler Challenge Ropes Course
*Athletic Attire
9:00 pm to 11:00 pm Networking dinner and activities (Hillenbrand Recreational Lounge)
11:00 pm Lights Out
Tuesday June 23, 2009
7:00 am to 8:30 am Networking breakfast (Windsor or Wiley Dining Court)
8:30 am to 10:00 am
Who Cares? (Stewart Room 218)
Casting for customers
? Market fishbone - tool
? Sketch your segment straw man
Presentations by each group (Breakouts to work on each of these tools)
What’s your path to market?
? The relationships – partners
? Map your channels
10:00 am to 10:15 am Break
10:15 am to 12:00 pm
Why You?
What’s your competitive edge? (Group break-out with worksheets)
? Competitive positioning
? Who’s your competition?
? Define your competitive edge?
? What’s your “unlike” statement?
What’s Your Story?
? Developing your value proposition
? Crafting investor documents
? Your pitch
? Executive summary
12:00 pm to 1:30 pm Meet Your Mentors & Lunch (Stewart Center Room 218)
2:00 pm to 4:00 pm
Mentors
? Wendy Kennedy – Overview
? Working session with mentors
? Begin 10 slide preparation
5:00 pm to 6:00 pm Networking dinner (Windsor or Wiley Dining Court)
6:00 pm to 9:00 pm Rack and Roll Team Bowling (Purdue Memorial Union)
9:00 pm to 11:00 pm Work on presentations
11:00pm Lights Out
Wednesday June 24, 2009
7:00 am to 8:30 am Networking breakfast (Windsor or Wiley Dining Court)
8:30 am to 10:00 am
Mentors (Stewart Center Room 218)
? Work on 10 slide presentation
10:00 am to 10:15 am Break
10:15 am to 11:30 pm
**Team presentations with mentors
Complete 10 slide presentation
11:30 pm to 12:45 pm Lunch (Windsor or Wiley Dining Court)
1:00 pm to 2:00 pm
Tour of Discovery Park (Discovery Park)
? Bindley Bioscience Center
? Birck Nanotechnology Center
? Burton D. Morgan Center for Entrepreneurship/Entrepreneurship Certificate Program
? Discovery Park overview
? Guest speakers:
o TBA
5:00 pm to 6:30pm Networking dinner (Windsor or Wiley Dining Court)
6:45pm to 11:00 pm Academy Scavenger Hunt and Ice Cream Social (Campus, Dairy Queen)
11:00pm Lights Out
Thursday June 25, 2009
7:00 am to 8:30 am Networking breakfast (Windsor or Wiley Dining Court)
8:30 am to 9:30 am
Cynthia Sequin- (Stewart Center Room 218)
Senior Communication/Marketing Specialist
? Differentiate between media and public relations
? Utilize media to get your message out
9:30 am to 11:30 am
**Mentors
? Rehearse presentations with mentors
11:30 am Break
12:00 pm to 3:00 pm
Lunch & Tour at Purdue Research Park (KPTC Large Conference Room)
? Purdue Research Park presentation – Greg Deason, VP of Real Estate
o TBA
o TBA
o TBA
3:00 pm to 3:30 pm Return to Hillenbrand Hall
3:30 pm to 5:30 pm
Break and prepare for networking dinner (Ross-Ade Stadium/Shively Club)
*Business Attire
6:00 pm to 9:00 pm
Networking dinner at Ross-Ade Stadium with guest speaker:
Chad Barden - Chief Executive Officer, Chairman of the Board, Quadraspec
9:00 pm to 11:00pm Team activities
Friday June 26, 2009
7:00 am to 7:30 am Networking breakfast (Windsor or Wiley Dining Court)
7:30 am to 8:00 am
Teams Prepare for Investor Meetings (Stewart Center Room 314)
Team elevator pitches and executive summary
8:00 am to 12:30 pm
**Team Presentations to Investors (Stewart Center Room 314)
Teams order will be determined prior
1:00 pm to 2:30 pm
Awards Luncheon (Purdue Memorial Union South Ballroom)
Open to parents, educators, sponsors and participants
2:30 pm Closing remarks and conclusion of the Entrepreneurship Academy
3:00 pm Check-out and departure
Business Attire: Dress pants, shirt and tie
Athletic Attire: Tennis shoes, gym shorts and t-shirt
**Presentation Milestones
On the final day, the teams presented their
executive summary and a 15-minute “investor
pitch” to faculty and community judges. Tuition
vouchers were given to the teams whose
presentations were judged as having the most
solid business strategy and promise for success.
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Innovation in Regional Economic Development (WIRED) Initiative as
implemented by the U.S. Department of Labor’s Employment & Training
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created it and is intended for individual organizational, non-commercial use
only.”
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