Certificate in Entrepreneurship and Innovation

Entrepreneur and Chairman of Purdue's Board of Trustees, Keith Krach, will Speak @ the ENTR Capstone

January 27, 2011

Entrepreneur Keith Krach will talk about high performance teams with a Purdue University class that is part of the Certificate in Entrepreneurship and Innovation program.

Krach, who founded a global software business and is chairman of Purdue's Board of Trustees, will speak to the program's Entrepreneurship Capstone Class at 6 p.m. Feb. 1 in the Burton D. Morgan Center for Entrepreneurship, Room 121. The talk is free and open to the public. Seating is limited, so those interested in attending should contact Jeanette Greener, program coordinator for the Certificate in Entrepreneurship and Innovation Program, at 765-494-3805, jgreener@purdue.edu.

The capstone class is the final course required for students to receive the Certificate in Entrepreneurship and Innovation. This semester's guest instructor is David Castor, a founding partner of Alerding Castor Hewitt LLP, an Indianapolis-based law firm serving technology-based businesses in the areas of licensing, global, private equity and entrepreneurial law matters. Castor is a Purdue alumnus who has an MBA and a law degree.

"It is wonderful when Purdue alums who have achieved the level of success that Keith Krach has as a serial entrepreneur come back and share their experience with our students," said Nathalie Duval-Couetil, director of Purdue's certificate program and associate director of the Burton D. Morgan Center for Entrepreneurship. "We're excited for this class to be able to hear him speak."

Krach (pronounced Crock) of Los Gatos, Calif., is a 1979 Purdue graduate and a leading information technology executive. After earning his degree in industrial engineering at Purdue and an MBA from Harvard University, he worked at General Motors. He became the youngest-ever vice president at GM at the age of 26.

After 10 years at GM, Krach joined the founding team of Rasna Corp. He helped lead Rasna to be recognized as No. 3 on the Inc. 100 list of fastest-growing companies, and it was sold in 1995 to Parametric Technologies for $500 million.

Krach co-founded Ariba in 1996, serving as CEO and chairman of the board for seven years. During his tenure as CEO, Ariba went public and achieved a market capitalization of $34 billion.

He is now chief executive officer of 3Points Inc., a California-based investment company. He also is chairman of the board at DocuSign Corp.

Purdue's Entrepreneurship Certificate in Entrepreneurship and Innovation program has enrolled more than 2,800 undergraduate students since it began in 2005. Students complete 15 credits to earn the certificate. Similar to a minor, the program is designed to begin in a student's freshman or sophomore year and can be completed in approximately four semesters. It has attracted students from every school and college.

Writer:  Greg McClure, 765-496-9711, gmcclure@purdue.edu

Source:  Nathalie Duval-Couetil, 765-494-7068, natduval@purdue.edu

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