Nominations being accepted for 2010 Purdue Research Park Entrepreneurship Academy

WEST LAFAYETTE, Ind. — Indiana high school administrators and teachers can nominate current sophomores and juniors for the fourth annual Purdue Research Park Entrepreneurship Academy through April 16.

Team members Si Yi Huang of Greenwood, Mathew Altepeter of Lafayette, Josie Gandy of Frankfort, Kyle Yoder of Indianapolis and Jake Pusateri of Fishers present their business plan for the company “Compact Disk Diagnostics LLC” before judges at the 2009 Purdue Research Park Entrepreneurship Academy. (Andrew Hancock/Purdue Marketing and Media)

The weeklong academy will be June 20-26 at Purdue’s West Lafayette campus. The academy is led by Purdue Research Foundation staff with assistance from Purdue University faculty, industry leaders and successful high-tech business entrepreneurs.

Students accepted into the program will work in teams on a fundamental business case to determine the best way for a business to compete, identify capital needs to start a business and devise a plan for successfully managing a business. On the final day, teams give a 15-minute “investor pitch” to a panel of judges in a business plan competition setting.

Members of the three teams with the highest scores will receive college tuition vouchers to pursue a degree at Purdue University. Vouchers range from $100 to $500. All students who complete the program will receive credit toward the university’s Entrepreneurship Certificate program.

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

Sponsors for the 2010 Purdue Research Park Entrepreneurship Academy include the Alfred Mann Institute for Biomedical Development at Purdue University, Barnes & Thornburg LLP, Coldwell Banker Shook, Discovery Park, Greater Lafayette Commerce, Sign Art Etc., and the Purdue Research Foundation.

Timothy Peoples, director of the Purdue Research Park Entrepreneurship Academy, said additional sponsors are being sought.

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