Duke Energy Foundation, Purdue, IU partner to teach high school students about entrepreneurship

June 13, 2014  

NEW ALBANY, Ind. - Experts from Purdue Research Park of Southeast Indiana and Indiana University Southeast's School of Business will teach Indiana and Kentucky high school students about entrepreneurship during the second annual New Albany Entrepreneurship Academy, June 16-20.

The Duke Energy Foundation is the headline partner for the academy. Other partners include Blue Sky Foundation, Horseshoe Foundation of Floyd County and Ogle Foundation. Purdue Foundry is an organizer of the New Albany Entrepreneurship Academy.

As part of the program, students form teams to create a startup, test the viability of a business idea, identify capital needs and devise a go-to-market strategy. The teams give an investor presentation to a panel of judges at the end of the event. Members of the winning team will receive tuition vouchers that are accepted at all Purdue University campuses and Indiana University Southeast.

The best opportunities to photograph, film or record participants at the New Albany Entrepreneurship Academy are:

* Monday (June 16), 10 a.m. to noon. Participants will learn from academy leaders about startup creation. Woodland Lodge, Indiana University Southeast campus.

* Tuesday (June 17), 11:30 a.m. to 1 p.m. Participants will meet with the INnovation Angels, an investment group based in southern Indiana and the metropolitan Louisville region. Third-floor reading room, library, Indiana University Southeast campus.

* Thursday (June 19), 6:30-8 p.m. Participants will attend a networking reception at the Velocity accelerator, Water Tower Center in Clarksville.

* June 20, 2-4 p.m. Participants will attend the end-of-academy awards reception where top teams will be recognized. Stem Hall, Ogle Center, Indiana University Southeast campus.

About Duke Energy Foundation

The Duke Energy Foundation makes charitable investments on behalf of Duke Energy, the largest electric power holding company in the United States with 7.2 million customers in six states. Over the foundation's long history in local communities, it has identified focus areas that maximize the foundation's dollars and guide the foundation's giving. The foundation makes grants supporting the environment, economic development, education and community vitality. In Indiana, the Duke Energy Foundation invests approximately $2 million annually for community support and charitable contributions. To learn more about Duke Energy Foundation, visit www.duke-energy.com/community.

About Purdue Research Park

The Purdue Research Park is the largest university-affiliated business incubation complex in the country. The Purdue Research Park manages the Purdue Technology Centers in four sites in Indiana located in West Lafayette, Indianapolis, Merrillville and New Albany. The more than 260 companies located in the park network employ about 4,500 people who earn an average annual wage of $63,000. The park is managed by the Purdue Research Foundation, which received the 2014 Incubator Network of the Year by the National Business Incubator Association for its work in entrepreneurship. For more information about funding and investment opportunities in startups based on a Purdue innovation, contact the Purdue Foundry at foundry@prf.org

Writer: Steve Martin, 765-588-3342, sgmartin@prf.org 

Media contact: Paul Moses, Purdue Research Park, 502-445-8793, pemoses@prf.org

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