Purdue University, Indiana University and the Duke Energy Foundation are partnering on an entrepreneurship event for high school students. As part of next week's New Albany Entrepreneurship Academy, students will compete for tuition vouchers by developing and presenting startup business plans.

June 13, 2014

News Release

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.

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

Source: Purdue Research Park

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