August 31, 2009
Bootcamp at Purdue's Krannert School to teach vets business basicsWEST LAFAYETTE, Ind. - Veterans from across the Midwest and Eastern United States 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 veterans disabled in Iraq and Afghanistan in entrepreneurship and small-business management.
"The Krannert School is honored to be taking part in a program that will have such a lasting effect on our country's veterans," said Richard A. Cosier, dean and Leeds Professor of Management. "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."
Cosier addressed the 15 participating veterans during a welcome dinner on Saturday (Aug. 29). Congressmen Steve Buyer, R-Ind., ranking member of the House Committee on Veterans' Affairs, provided a keynote address. Purdue President France. A. Córdova welcomed the veterans on behalf of the university.
Lt. Gov. Rebecca Skillman will meet with veterans during classes on Wednesday (Sept. 2) at 2 p.m. in Krannert, Room 124.
Krannert this year joined the nationwide consortium, which in addition to Syracuse, also includes the University of California, Los Angeles' Anderson School of Management, the Mays Business School at Texas A&M University and Florida State University's College of Business.
The curriculum is coordinated at all five 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 will receive tutelage 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 the veterans complete courses through online discussions moderated by university faculty; a nine-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.
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