Nominations for Purdue Research Park Entrepreneurship Academy under way

WEST LAFAYETTE, Ind. — Indiana high school administrators and teachers have until April 24 to nominate juniors and seniors for the third annual Purdue Research Park Entrepreneurship Academy.

Students accepted into the weeklong program will learn what it is like to create a business from the concept to raising funds and creating prototypes. At the completion of the program, student teams will be judged by economic development experts on how well they developed business case studies, crafted marketing plans and planned to raise venture capital.

Students at last year's Entrepreneurship Academy pitch new business ideas. (Photo courtesy Purdue Research Park)

Students at last year's Entrepreneurship Academy pitch new business ideas. (Photo courtesy Purdue Research Park)

Members of teams with the highest scores will receive college tuition vouchers to pursue a degree in higher education. All Purdue University campuses and Ivy Tech Community College campuses in Indiana accept the vouchers, which range from $100 to $500.

Timothy Peoples, director of the Purdue Research Park Entrepreneurship Academy, said that for the first time nominees will have to include a writing sample. Students should describe what they hope to gain from the weeklong academy in 250 words.

Nomination forms can be downloaded from the academy’s Web site at http://www.purdueresearchpark.com/academy/nomination.asp. There is no fee to nominate a student, and there is no limit to the number of students that can be nominated from a single school.

Sponsors for the 2009 program include the Alfred Mann Institute for Biomedical Development at Purdue University, Sign Art Etc., Purdue Employees Federal Credit Union and Purdue Research Foundation. Peoples said additional sponsors are being sought.

The weeklong academy will be June 21-26 on Purdue’s West Lafayette campus. During the program, students will work with successful high-tech entrepreneurs, business experts, industry leaders, Purdue faculty and Purdue Research Foundation staff.

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