Krannert Bootcamp teaches vets business basics

September 2, 2010

WEST LAFAYETTE, Ind. - Veterans from across the country have arrived at Purdue University's Krannert School of Management for an intensive seven-day course aimed at helping them start their own businesses.

Created at Syracuse University's Whitman School of Management in 2007, the Entrepreneurship Bootcamp for Veterans with Disabilities trains post-9/11 disabled veterans in entrepreneurship and small-business management.

"The Krannert School is once again honored to be taking part in a program that will have such a lasting effect on our country's veterans," said Jerry Lynch, interim dean. "Krannert's faculty is proud to have the opportunity to provide these veterans with the knowledge and applicable skills to help them succeed in their future business endeavors."

This marks the second year Krannert has been a part of the nationwide consortium, which in addition to Syracuse includes the University of California, Los Angeles, Anderson School of Management; the Mays Business School at Texas A&M University; the Florida State University College of Business; and the University of Connecticut School of Business.

The curriculum is coordinated at all six universities to ensure that participants receive a consistent and high-quality experience. The bootcamp integrates faculty, entrepreneurs, disability experts and business professionals in an educational program focused on training veterans in small-business ownership. Veterans receive instruction in feasibility and market analysis, supply chain management, and financing new ventures.

The program is conducted in three phases: a self-study session in which veterans complete courses through online discussions moderated by university faculty; a seven-day residency where veterans learn to develop their own business concepts and understand the basic elements of small-business management; and a 12-month mentorship with faculty experts at the participating universities.

Applications were received and screened early in the summer. Students were accepted based on the quality of their proposals for starting their own businesses. The program is free to participating veterans.

Go online to http://www.whitman.syr.edu/ebv  for more information. Interested veterans also may call 315-443-6007 or e-mail EBVinfo@syr.edu

Writer:  Eric Nelson, 765-494-9465, nelsoner@purdue.edu 

Source:  Jerry Lynch, 765-494-4388, lynch@purdue.edu

Note to Journalists: Media interested in interviewing EBV participants should contact Tim Newton at 765-496-7271, tnewton@purdue.edu