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Veteran Entrepreneurs Gather at Purdue University’s Krannert School of Management for Business Bootcamp

October 30, 2015

Veteran Entrepreneurs Gather at Purdue University’s Krannert School of Management for Business Bootcamp

Post 9-11 vets to converge on Purdue University campus, Oct. 30 – Nov. 8, for intensive nine-day residency to learn the ‘nuts and bolts’ of business ownership


EBV-Logo-(no-small-text---transparent)WEST LAFAYETTE, IN [Oct. 30, 2015]
– On Saturday, October 31, twenty-three (23) disabled veterans will converge on the Purdue University campus to expand on the traits (resilience, focus and leadership) they developed in the military, and learn the basics of business ownership during the Entrepreneurship Bootcamp for Veterans with Disabilities (EBV).

Hosted in partnership between Syracuse University’s Institute for Veterans and Military Families (IVMF) and the Krannert School of Management at Purdue University, the EBV Program is a novel, one-of-a-kind initiative designed to leverage the skills, resources and infrastructure of higher education to offer cutting-edge, experiential training in entrepreneurship and small business management to post-9/11 veterans with disabilities.

EBV is a three-phase program, beginning with a three-week online instructor-led course. Participants have already begun to shape business plans and learn business language during the online phase. During the second phase, participants will complete an intensive nine-day residency (Oct. 30 – Nov. 8, 2015) on the campus at Purdue University, learning the “nuts and bolts” of business ownership from established entrepreneurs and educators. Following the residency, EBV graduates will receive access to a year-long support and mentorship program through the EBV Technical Assistance Program.

Headlining the Sat., October 31 opening ceremony (5:30 p.m., in the Purdue Memorial Union) will be Dr. Gerry McCartney, Chief Information Officer, Purdue University.  Dr. McCartney has served as Purdue University’s Chief Information Officer since July 2007, expanding his role in 2013, to include responsibility for the Office of Institutional Research (OIR). Under Dr. McCartney’s leadership, Purdue has developed the nation’s largest cyberinfrastructure for research, with six supercomputers listed in the internationally known Top 500 list.

Purdue’s EBV Class of 2015 graduation ceremony at 7 p.m., Nov. 6 in the Purdue Armory, will feature Lt. Gen. Jefferson Howell USMC (retired), former director of the Johnson Space Center, who will speak to the graduates.

J.D. ‘Beak’ Howell is presently a Senior Research Fellow with the Lyndon B. Johnson School for Public Affairs, the University of Texas in Austin. He is teaching courses on Leadership as well as participating in Leadership training activities sponsored by the Office of the Dean for Student Affairs.  His qualification for teaching Leadership is based upon a lifetime of Leadership challenges and responsibilities. This includes 37 years as an Officer of Marines in which he commanded at all levels including leading infantry platoons of 50+/- Marines, a 250 Marine fighter/attack squadron, a 5,000 person aircraft group, a 15,000 person aircraft wing, and ultimately a Marine force of 80,000+ Marines and Sailors.

How impactful are graduates of the national Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) program?  The following results speak for themselves …

  • 1,310 EBV graduates/aspiring entrepreneurs trained;
  • $196 million (and growing) in revenue has been generated by EBV graduate businesses;
  • 68% of EBV graduates have started their own businesses; 92% of those are still in business today;
  • 1 out of every 4 EBV graduate businesses grosses over $100,000/year
  • 72 – The average number of people employed by an EBV graduate
  • EBV graduate businesses currently employ 1,886 people

The EBV program was launched at Syracuse University’s Whitman School of Management in 2007. Since the original class, the IVMF has expanded the EBV consortium to a total of ten world-class universities throughout the U.S., including the Anderson School of Management at the University of California, Los Angeles; College of Business at Florida State University; Mays Business School at Texas A&M University; Krannert School of Management at Purdue University; School of Business at the University of Connecticut; E.J. Ourso College of Business at Louisiana State University; School of Hotel Administration at Cornell University; Haub School of Business at Saint Joseph’s University; the Trulaske College of Business at the University of Missouri; and the Whitman School of Management at Syracuse University.

Assistance from the U.S. Small Business Administration, corporate partners and donors allows post-9/11 veterans and transitioning service members with service-connected disabilities to attend the program cost-free.

“EBV has produced more than 1,300 graduates since 2007, with 68 percent having launched a new venture after completing the EBV program,” said AJ Florkowski, EBV National Program Director. “The IVMF at Syracuse University is excited to work with Purdue University again to support our nation’s veterans and help them create and maintain their own small businesses.”

Elements of the Purdue program will be open to the media upon request, and program leaders and attendees will be available for interviews.

Details specific to the EBV at Purdue University can be found at http://www.krannert.purdue.edu/military/ebv/ and http://www.purdue.edu/newsroom/releases/2015/Q4/krannert-to-host-entrepreneurship-program-for-disabled-veterans.html  More information on the nationwide EBV program can be found at http://vets.syr.edu/education/ebv/.

 

MEDIA CONTACTS

John Hughey
Purdue University
765.494.2432 or hugheyj@purdue.edu
Muna DeStefano
Director of Military Affairs and Veteran Programs, Purdue University
765.494.4392 or mdestefa@purdue.edu
Wayne Westervelt
Institute for Veterans and Military Families at Syracuse University
315.443-5690 or wwesterv@syr.edu

About Purdue UNIVERSITY’s Krannert School of Management

Founded in 1957, Purdue’s Krannert School of Management is integrated with one of the leading science, engineering and technology universities in the world, and its alumni have the combination of management skills and STEM backgrounds that most business schools cannot provide. Purdue offers management programs at the undergraduate, master’s, executive and doctoral levels. Its graduates develop strong leadership skills to complement a world-class business education, preparing them to become immediate contributors in their organizations. The Krannert School is housed in three buildings, including Jerry S. Rawls Hall, a $35 million facility opened in 2003. Krannert graduates have made their mark around the globe. For example, Sam Allen (Deere & Co.) and Greg Hayes (United Technologies Corp.) currently lead two of the world’s top organizations; Beth Brooke-Marciniak (EY) has been named to the Forbes “100 Most Powerful Women in the World” list seven times; and Venu Srinivasan has received numerous awards for his work with TVS Motors in India.  For more information, visit http://www.krannert.purdue.edu/military/ebv/.

 

ABOUT THE INSTITUTE FOR VETERANS AND MILITARY FAMILIES (IVMF)

The IVMF is the first interdisciplinary national institute in higher education focused on the social, economic, education and policy issues impacting veterans and their families post-service. Through our focus on veteran-facing programming, research and policy, employment and employer support, and community engagement, the institute provides in-depth analysis of the challenges facing the veteran community, captures best practices and serves as a forum to facilitate new partnerships and strong relationships between the individuals and organizations committed to making a difference for veterans and military families. For more information, visit http://vets.syr.edu/.

 

ABOUT THE ENTREPRENEURSHIP BOOTCAMP FOR VETERANS WITH DISABILITIES (EBV)

The Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) is a one-of-a-kind initiative that leverages the skills, resources and infrastructure of higher education to offer cutting-edge, experiential training in entrepreneurship and small business management to post-9/11 veterans with service-related disabilities (estimated at up to 30 percent of the 2.5 million post-9/11 veteran population). The EBV opens the door to economic opportunity for veterans by developing their competencies in the many steps and activities associated with creating and sustaining an entrepreneurial venture. Founded at Syracuse University in 2007, the program has since expanded to nine additional universities across the U.S.

In 2009, the EBV program was named a “National Best Practice” for serving veterans and their families by the Secretary of the Army. In 2011, Inc. Magazine named the EBV program as one of the “10-Best” entrepreneurship programs in the United States.  For more information, visit http://vets.syr.edu/education/ebv.

 

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