Sorry. This institute is no longer available.

The information below refers to Summer 2008.

This exciting residential institute is for high school students entering their junior or senior years who wish to learn more about entrepreneurship and the world of business, to sample life on a college campus, and to meet other students with similar interests and academic ability.

Students participate in interactive sessions dealing with a variety of topics relevant to entrepreneurs. When not in class, students enjoy planned activities on campus as well as free time for relaxation. Living, dining and learning together, they have ample opportunity to get to know each other and develop lasting friendships.

The Program
The objective of the institute is to help junior/senior level high school students to understand the new venture development process and the benefits of entrepreneurship, examine and manage risks/rewards involved in new business development as well as explore utilization of virtual business techniques and venture teams. The workshops will emphasize the practical side of entrepreneurship and the institute leaders will continually relate learning and activities to student ideas. Given the customized nature of the institute, it will be most beneficial if students come with business ideas that they would like to further explore and utilize during the institute break out sessions. Students will work in teams to develop business ideas throughout the week. The number of participants in this program is kept small (20-25) to allow for individualized attention and optimal use of facilities and equipment.

Course Content
This institute will provide a comprehensive overview of the new venture development process from idea generation and refinement through product and service development, organization building and marketing planning. Live case histories will be used to illustrate concepts and students will apply individual ideas for reinforcement through team building exercises.

Agenda

Sunday
Program Registration, Welcome and Orientation

Monday
How do you start a business? How do you generate ideas for a new or existing business?
Students will be provided an introduction to entrepreneurship and new enterprise development. Through class exercises, students will develop a business plan to support their ideas.

Tuesday
What is the purpose of a marketing and communications strategy?
Students will engage in marketing planning from the product development stage through distribution and service after the sale.

Wednesday
How do you put it all together?
Leadership, management and organization of a new business: using the business and strategic plans as management tools.

Thursday
Show and Tell - Present your new venture ideas!
Communications! Students will explain their venture to investors and other critics.
Plus: Discussion of the social implications of entrepreneurship, the personal impact and exit strategy topics will be addressed.

The Faculty
The program is staffed by the distinguished faculty of the Alfred University College of Business.

Schedule
Students attend classes during the day and enjoy recreational activities in the evening.

Examples of evening activities include the following:

• Ice-breaker games on the first night to help everyone get acquainted
• Movies in Nevins Theater
• Outdoor games such as "Capture the Flag"
• Indoor games such as "Who Wants to be a Millionaire," ping pong, board games, etc.
• Social gathering with refreshments & music in the Knight Club
• Relaxing and socializing at the Terra Cotta Coffee House

Supervision
When institute participants are not in class, they are supervised by specially-trained college students who serve as Resident Directors (RDs) and Resident Advisors (RAs).

Comments from Past Participants:
"All of the classes were excellent and the teachers were very excited about their topics. It was a great overview of entrepreneurship - the topics chosen were relevant and interesting. It was well done. You could tell that the University cared about whether or not we were happy here." - S. Hariprasad, Hornell, NY

"The best thing about the institute was meeting new people and learning about becoming an entrepreneur. The classes I liked best were the ones on marketing, e-commerce and business planning. The teachers were cool and the classes were very interesting. They taught us a lot!" - J. Myers, Rochester, NY

"I enjoyed working with the professors in the computer lab. In one simulation, we took declining businesses and built them up by changing product design and funding. I made over 10 million!" - R. Johnson, Hinsdale, NH

"The program was very beneficial and hands-on. I liked the financial planning class best." - J. Leclair, Manchester, NH

"The classes were very helpful and practical." - K. Murphy, Ballston Lake, NY

"I liked the financial planning and business planning classes best because I can use those skills later in life." - S. Feagles, Canton, OH

"I liked the marketing game best. It showed us what running a business is like in real life." - A. Box, Tampa, FL

"Everything was great. I liked our marketing class the best because the marketing program we used was a lot of fun." - W. Abbott, Montrose, CO

"The professors were interesting, helpful and fun!" - M. McCormick, Andover, NY

About Alfred
Alfred University is located in the Village of Alfred in the beautiful Finger Lakes region of Western New York State.

The campus, a 6-hour drive from New York City, 2 hours from Buffalo and 1 1/4 hours from Rochester, is easily accessible by car or bus from all directions and is located just five miles south of Interstate 86. The nearest major airport is the Rochester International Airport (about 65 miles north). Transportation to and from the airport can be provided for an additional charge if we receive your request by the date indicated in the acceptance letter. After that date students must make their own arrangements with an airport limo service.

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