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[OCRA] Young Entrepreneurs Expo
Start Date: 4/25/2013Start Time: 6:00 PM
End Date: 4/25/2013End Time: 6:00 PM
Entry Description

YOUNG ENTREPRENEURS EXPO


Indianapolis – The Young Entrepreneurs Expo was held today at the University of Indianapolis. It met its goal of introducing 15 ideas from young entrepreneurs to communities who are willing to help them with their new businesses.

Lieutenant Governor Sue Ellsperamnn spoke at the event and has been the driving force behind the Young Entrepreneurs Program (YEP). Lt. Governor Ellspermann also authored the legislation to create YEP during her time as a state representative.

“The Young Entrepreneur Program, unique to Indiana, creates a linkage between our graduating entrepreneurship majors and minors in our universities with communities interested in helping them launch their businesses,” said Lt. Governor Ellspermann. “YEP helps us retain our best and brightest young adults in Indiana while growing the next generation of successful businesses for our Hoosier economy.”
 
The Expo is the culmination of a year long process where young entrepreneurs throughout the state submitted business ideas to the Indiana Small Business Development Center (ISBDC). ISBDC shared the ideas with local communities, who then gathered to bid on the businesses they would like to locate in their towns.

In exchange for the entrepreneur agreeing to locate in a community for at least three years, the local town, county, or city agrees to support the launch effort through reduced/free rent, grants, loans, or utility support.

Communities will have approximately two weeks to consider which business(es) they wish to pursue and to develop an incentives package. The young entrepreneurs will then review their offers before deciding which community to locate their new venture. Their decisions will be announced this summer.

Student and community participants are listed below:

Cities and Counties:

Boone County
City of Alexandria
City of Huntingburg
City of Jeffersonville
City of Kokomo
City of Richmond
Daviess County
Grant County
Miami County
Perry County
Putnam County
Rush County
Wayne County
 
Students:

Aaron Cecil, Chris Palmer – Indiana Wesleyan – BoxFox
Adam Cox – Ball State University (BSU) – Hub Start
Andrew Herron, Austin McMillan, Ryan McBride – BSU – MHM Technologies
Brent Allred, Tyler Harris – Ball State University – Avec Studio
Chris Early – Ivy Tech Community College – Anacrusis Press
David Macon, Jeremiah Reed – Indiana University – Most Valuable Cutters
Derek Nicholson – Purdue – The Lodging Alliance
Jacob Walden – Ball State University - CourseFit
Justin Taylor, Charles Kolisek – Wabash College – Synopziz
Kevin Vo – Purdue – LyfeSource
Lacindy Bell – Purdue Calumet – Inspire Leadership and Development Center
Michael Omae – IUPUI – En Garde Fencing School & Fitness Center
Robert Crow, Tyler Hudson-Crimi, Kyle Kober – University of Notre Dame – ShopTalk
Ryan Flier, Dylan Andrew – Wabash College – Columbus Indoor Soccer School
Thomas Dant – Ball State University – James Dant, LLC


YEP is a partnership between the ISBDC, and the Indiana Office of Community and Rural Affairs.

For more information on YEP, and the businesses ideas presented at the Expo, please visit http://www.in.gov/ocra/2619.htm

###

The Indiana Office of Community and Rural Affairs was created by legislation in 2005, making rural Indiana a major focus for the first time. For additional information on OCRA and its programs visit www.in.gov/ocra.

For updates from the Lt. Governor and the agencies she oversees, please visit www.in.gov/lgov

Contact Information:
Name: Ian Slatter
Phone: 317 232 0162
Email: islatter@ocra.in.gov
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Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • About Indiana
  • Agency Name
    Community and Rural Affairs, Indiana Office of

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