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Founders Academy Information Package

Frank E Pobutkiewicz
Frank E Pobutkiewicz

Founder's Academy is Whiteboard Youth Venture's 4-week summer entrepreneur development program for high school students.

1 of 9
Founders Academy Information Package
about founders academy One of the most important lessons for any company, organization, or team is to listen to what your stakeholders tell you. Last year, our students told us one week simply was not enough time to fully explore their entrepreneurial ambitions. So, we listened. Our newest program gives high school students the opportunity to spend four weeks in Boston exploring, learning, experimenting, building, and possibly launching. Students will have complete access to the resources and community that make Boston/Cambridge a hive of entrepreneurship. program fundamentals Experimentation We want our students to test everything about what they assume. We work with students to develop marketplace hypotheses, design product tests, and integrate customer feedback cycles. The goal of our experiments are to analyze the validity of a business concept. Prototyping As students develop their business concepts, we will work with them to continuously develop new prototypes. The Academy will provide students with software licenses for wire -framing as well as access to maker spaces. Every student business will be required to having a working prototype. Lean Startup Teaching All students will be given copies of important books on lean startup methodology, including Business Model Generation, The Lean Startup Model, and Hooked. Workshops throughout the Academy will provide context and examples of important business concepts to apply to their business projects. Professional Skills Throughout the Academy, students will strengthen important, transferable skills that they will be able to use throughout their collegiate and professional careers. We stress communication and public speaking, web development and construction, collaboration, problem solving, and critical thinking.
calendar and workshops Week One to Week Four://Business Knowledge We employ a matrix-style curriculum. While each week will have defined tasks and goals, some themes will stretch over multiple weeks. We emphasize knowledge, and we expect our students to continue to learn and shift their hypotheses throughout the program. Ideation Lean Startup Model Value Proposition Development Finance, Budgeting, and Projections Business Models and Profit Models Week Two to Week Four://Business Experimentation and Development The real test of the academy is for students to develop a business idea, and conduct experiments to tests its validity. Plan, test, and analyze will be a common chorus, and we expect our students to continue to invent and reinvent their idea. Landing Page A/B Testing Email Marketing Inbound vs. Outbound Marketing Social Media Campaigning Pre-launch Timeline Development Week Two to Week Four://Product Prototyping To test their ideas, we challenge our students to start building whether they are working on a physical good, online product, or digital service. Students will work closely with mentors and prototyping experts to build their idea to better refine and test it. User Interface/User Experience (UI/UX) Wire-framing and Mock-up Design Packaging Rapid Prototyping 3D Printing Week Three to Week Four://Analysis and Evaluation Towards the end of the academy, students will begin to analyze and reflect upon their work. Is their business concept viable? What funding would it require? How sustainable and scalable is it? We will work with students to answer these pressing questions. Customer Traction Product Validation Pitching Fundraising Options Legal sample daily schedule 9.00 Breakfast and Report Time 10.00 Arrive at the CIC Cambridge 10.45 Morning Workshop 12.00 Lunch 1.00 Speaker Series 2.00 Project Time 5.00 Return to Boston University 7.30 Red Sox game at Fenway Park 9.00 Evening Roundtable 11.30 Curfew
academy impact Adam Lorenz-Kruk Whiteboard has been critical to my success. I attended a summer session two years ago and now I am working to start my first business with the Whiteboard Bridge Launch Fund. I would not have had the confidence to start my first company without the support I received over the past three years. Weekly Funding Bridge Fund Continued Support Student companies will compete for weekly funding throughout the Academy. Students may apply to the Bridge Launch Fund for larger sums of funding. Even after the Academy finishes, we will provide continued support for all those ventures wanting to continue. resources Working at CIC Cambridge Academy students will have the unique opportunity to spend their days working out of the premiere co-working center in New England, the CIC Cambridge, located on the campus of MIT. Mentors from Whiteboard Youth Ventures The Whiteboard Youth Ventures Entrepreneurs-in-Residence are dedicated to working with students, lending their experience, and sharing their connections. Access to Maker Spaces and Prototyping Software Students will have access to maker spaces to build physical products and software to create prototypes of web services and mobile apps.
speakers and coaches Kit Hickey, co-founder of Ministry of Supply After graduating from MIT Sloan School of Management, Kit co-founded Ministry of Supply, a clothing company that integrates scientific advances into its products. Ministry of Supply remains the most funded fashion crowdfunding campaign on Kickstarter. Christopher Woeffel, co-founder and CRO of MAVRK While at Northeastern University, Chris helped to create IDEA, a student-run venture accelerator. The success that IDEA had helped Northeastern become a top five school for entrepreneurship in the USA. Chris graduated and cofounded MAVRK, a social influencer marketing company that has raised over $3M in funding. Dave Anderson, Managing Director of Supply Chain Ventures Dr. Anderson is Managing Director of Supply Chain Ventures, LLC, a venture capital fund specializing in software investing, a member of the Boston Golden Seeds Forum and is a retired managing partner of supply chain consulting at Accenture, a leading global technology consulting company. Andrew Chapin, founder and CEO of benjamin Andrew has worked in multiple startups, taking three companies to million dollar run rates. He holds a masters degree in finance from Harvard, and he founded benjamin, an ephemeral deal app, in 2014. Flora Ekpe-Idang, founder of Corage Dolls Flora is an MBA student at Babson College, the top entrepreneurship school in the country. She is the founder of Corage Dolls, a doll company with the mission of creating relatable dolls for black and Latina girls. Greg Kirber, founder and CEO of PartsTech Greg holds an MBA/JD from the University of Connecticut, where he founded PartsTech, an automotive parts aggregation marketplace. PartsTech has raised over $1M in funding.
James Johnson, Principal Attorney and founder of First Venture Legal Immediately after passing the Massachusetts State Bar Exam, James founded First Venture Legal, a law practice dedicated to working with new and small ventures. Eric Roberge, CFP速, founder of Beyond Your Hammock After graduating from Babson College, Eric spent several years working for State Street Bank and JP Morgan Chase. In 2013, he launched Beyond Your Hammock, a virtual financial planning company, where he helps professionals use money as a tool to live a life they love. He also shares his unique personal finance views as a writer for Money Magazine and Forbes. Philip Greenwald, founder and CEO of Code Undercover Phil owns and operates Code Undercover, a web and mobile web development shop where entrepreneurs can build their minimal viable product under his tutelage. Phil has taught web development workshops at Harvard, Boston College, and the Mass Challenge incubator. Vicky Wu David, Executive Director of Youth Cities Vicky founded Youth CITIES, an education nonprofit that facilitates instruction about entrepreneurship and innovation to middle and high school students. Youth CITIES collaborates with public, private, and charter schools. She is also a member of Beacon Angels, a Boston-based angel investing group. Adam Lorenz-Kruk, founder of Kickback Pants Adam is a Whiteboard Youth Ventures alumnus currently attending the University of Massachusetts Amherst. He founded Kickback Pants with the support the Bridge Launch Fund in July 2015. Hakan Satiroglu, Social Entrepreneur, Investor, Executive Haka is an active member of the Boston innovation community, co-founder of LearnLaunch, managing director of MindBridge Partners, and leading investor in educational ventures.
weekend activities and excursions Red Sox Game Attend a Red Sox game with the Whiteboard family! 4th of July Celebrations A highlight of the year, spend American Independence Day on the banks of the Charles River celebrating, watching fireworks, and listening to the Boston Pops. Day at Singing Beach Take a day off from business to enjoy a beautiful day at the beach in Manchester -by-the-Sea, Massachusetts Boston Harbor Island Cruise The Boston Harbor Islands are a hidden jewel in Boston and a must see! Day in Providence, RI Spend the day in Providence exploring history and restaurants Harvard Square Explore Harvard Squares shops, caf辿s, and food trucks Freedom Trail Walk the Freedom Trail, explore Quincy Square, and enjoy a dinner in the North End, the Little Italy of Boston Kayaking on the Charles The Charles River provides a great opportunity for a day of kayaking tuition, deadlines, and payment options Paying Your Tuition: A $500 deposit is due within 20 days of acceptance to hold your spot in the 2016 class. The first twelve students to submit deposits will make up the class. There are three payment options. 1. Simple & Upfront The most straightforward option to pay tuition is to submit the remaining tuition of $2,495 and room and board fee of $2,000 by April 15. Commuter option available but not recommended. 2. Split it: Pay half upfront, half later Submit half of your payment by April 15 and the second half by July 1. A $100 administrative fee is paid in two equal installments. 3. Take More Time: Opt for a payment plan We can work with you to offer payment plans in 3-month, 6- month, and 10-month installments. Fees depend on the length of the installment plan. deadlines & calendar Dec-5........... Applications Open* Feb-1 ............... Early Acceptances April-1 ........Regular Acceptances April-15.......Paperwork Deadline July 1-29 ..............Academy Dates July 29............Final Presentations *Applications reviewed on a rolling basis. tuition Tuition.................................. $2,995 Room & Board .................. $2,000
The YEC was not just a competition but an experience. We had the opportunity to interact with students from all over the globe and to learn and brainstorm with some of the best minds that the city of Boston has to offer. The ideas, the friendships, the knowledge, and the memories are things that we will take with us forever, and we hope to come back next year! -Mark McCormick, Director of Student Development, Fortune Education, Tianjin, China Shortly after my students won first place in the 2015 YEC, they were immediately talking about signing up for next years program. As exhausted as they were, they were chattering about doing more hard work! The YEC program accomplishes all it sets out to and more. - Christine Jauregui, 2015 YEC Mentor of the first place team The Young Entrepreneur Challenge was the single greatest experience of our lives! Anybody who hasn't attended will have a difficult time understanding how amazing it is. Our team felt like a family by the end of the week and even though well miss everyone, we will also cherish the memories we made! - Maeve and Bridget Sullivan, YEC Alumnae
Contact Information e | hello@whiteboardyouthventures.com p | +1 816-226-6940 a | College Apprentice c/o Whiteboard Youth Ventures PO Box 426006 Cambridge, MA 02142 www.whiteboardyouthventures.com

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Founders Academy Information Package

  • 2. about founders academy One of the most important lessons for any company, organization, or team is to listen to what your stakeholders tell you. Last year, our students told us one week simply was not enough time to fully explore their entrepreneurial ambitions. So, we listened. Our newest program gives high school students the opportunity to spend four weeks in Boston exploring, learning, experimenting, building, and possibly launching. Students will have complete access to the resources and community that make Boston/Cambridge a hive of entrepreneurship. program fundamentals Experimentation We want our students to test everything about what they assume. We work with students to develop marketplace hypotheses, design product tests, and integrate customer feedback cycles. The goal of our experiments are to analyze the validity of a business concept. Prototyping As students develop their business concepts, we will work with them to continuously develop new prototypes. The Academy will provide students with software licenses for wire -framing as well as access to maker spaces. Every student business will be required to having a working prototype. Lean Startup Teaching All students will be given copies of important books on lean startup methodology, including Business Model Generation, The Lean Startup Model, and Hooked. Workshops throughout the Academy will provide context and examples of important business concepts to apply to their business projects. Professional Skills Throughout the Academy, students will strengthen important, transferable skills that they will be able to use throughout their collegiate and professional careers. We stress communication and public speaking, web development and construction, collaboration, problem solving, and critical thinking.
  • 3. calendar and workshops Week One to Week Four://Business Knowledge We employ a matrix-style curriculum. While each week will have defined tasks and goals, some themes will stretch over multiple weeks. We emphasize knowledge, and we expect our students to continue to learn and shift their hypotheses throughout the program. Ideation Lean Startup Model Value Proposition Development Finance, Budgeting, and Projections Business Models and Profit Models Week Two to Week Four://Business Experimentation and Development The real test of the academy is for students to develop a business idea, and conduct experiments to tests its validity. Plan, test, and analyze will be a common chorus, and we expect our students to continue to invent and reinvent their idea. Landing Page A/B Testing Email Marketing Inbound vs. Outbound Marketing Social Media Campaigning Pre-launch Timeline Development Week Two to Week Four://Product Prototyping To test their ideas, we challenge our students to start building whether they are working on a physical good, online product, or digital service. Students will work closely with mentors and prototyping experts to build their idea to better refine and test it. User Interface/User Experience (UI/UX) Wire-framing and Mock-up Design Packaging Rapid Prototyping 3D Printing Week Three to Week Four://Analysis and Evaluation Towards the end of the academy, students will begin to analyze and reflect upon their work. Is their business concept viable? What funding would it require? How sustainable and scalable is it? We will work with students to answer these pressing questions. Customer Traction Product Validation Pitching Fundraising Options Legal sample daily schedule 9.00 Breakfast and Report Time 10.00 Arrive at the CIC Cambridge 10.45 Morning Workshop 12.00 Lunch 1.00 Speaker Series 2.00 Project Time 5.00 Return to Boston University 7.30 Red Sox game at Fenway Park 9.00 Evening Roundtable 11.30 Curfew
  • 4. academy impact Adam Lorenz-Kruk Whiteboard has been critical to my success. I attended a summer session two years ago and now I am working to start my first business with the Whiteboard Bridge Launch Fund. I would not have had the confidence to start my first company without the support I received over the past three years. Weekly Funding Bridge Fund Continued Support Student companies will compete for weekly funding throughout the Academy. Students may apply to the Bridge Launch Fund for larger sums of funding. Even after the Academy finishes, we will provide continued support for all those ventures wanting to continue. resources Working at CIC Cambridge Academy students will have the unique opportunity to spend their days working out of the premiere co-working center in New England, the CIC Cambridge, located on the campus of MIT. Mentors from Whiteboard Youth Ventures The Whiteboard Youth Ventures Entrepreneurs-in-Residence are dedicated to working with students, lending their experience, and sharing their connections. Access to Maker Spaces and Prototyping Software Students will have access to maker spaces to build physical products and software to create prototypes of web services and mobile apps.
  • 5. speakers and coaches Kit Hickey, co-founder of Ministry of Supply After graduating from MIT Sloan School of Management, Kit co-founded Ministry of Supply, a clothing company that integrates scientific advances into its products. Ministry of Supply remains the most funded fashion crowdfunding campaign on Kickstarter. Christopher Woeffel, co-founder and CRO of MAVRK While at Northeastern University, Chris helped to create IDEA, a student-run venture accelerator. The success that IDEA had helped Northeastern become a top five school for entrepreneurship in the USA. Chris graduated and cofounded MAVRK, a social influencer marketing company that has raised over $3M in funding. Dave Anderson, Managing Director of Supply Chain Ventures Dr. Anderson is Managing Director of Supply Chain Ventures, LLC, a venture capital fund specializing in software investing, a member of the Boston Golden Seeds Forum and is a retired managing partner of supply chain consulting at Accenture, a leading global technology consulting company. Andrew Chapin, founder and CEO of benjamin Andrew has worked in multiple startups, taking three companies to million dollar run rates. He holds a masters degree in finance from Harvard, and he founded benjamin, an ephemeral deal app, in 2014. Flora Ekpe-Idang, founder of Corage Dolls Flora is an MBA student at Babson College, the top entrepreneurship school in the country. She is the founder of Corage Dolls, a doll company with the mission of creating relatable dolls for black and Latina girls. Greg Kirber, founder and CEO of PartsTech Greg holds an MBA/JD from the University of Connecticut, where he founded PartsTech, an automotive parts aggregation marketplace. PartsTech has raised over $1M in funding.
  • 6. James Johnson, Principal Attorney and founder of First Venture Legal Immediately after passing the Massachusetts State Bar Exam, James founded First Venture Legal, a law practice dedicated to working with new and small ventures. Eric Roberge, CFP速, founder of Beyond Your Hammock After graduating from Babson College, Eric spent several years working for State Street Bank and JP Morgan Chase. In 2013, he launched Beyond Your Hammock, a virtual financial planning company, where he helps professionals use money as a tool to live a life they love. He also shares his unique personal finance views as a writer for Money Magazine and Forbes. Philip Greenwald, founder and CEO of Code Undercover Phil owns and operates Code Undercover, a web and mobile web development shop where entrepreneurs can build their minimal viable product under his tutelage. Phil has taught web development workshops at Harvard, Boston College, and the Mass Challenge incubator. Vicky Wu David, Executive Director of Youth Cities Vicky founded Youth CITIES, an education nonprofit that facilitates instruction about entrepreneurship and innovation to middle and high school students. Youth CITIES collaborates with public, private, and charter schools. She is also a member of Beacon Angels, a Boston-based angel investing group. Adam Lorenz-Kruk, founder of Kickback Pants Adam is a Whiteboard Youth Ventures alumnus currently attending the University of Massachusetts Amherst. He founded Kickback Pants with the support the Bridge Launch Fund in July 2015. Hakan Satiroglu, Social Entrepreneur, Investor, Executive Haka is an active member of the Boston innovation community, co-founder of LearnLaunch, managing director of MindBridge Partners, and leading investor in educational ventures.
  • 7. weekend activities and excursions Red Sox Game Attend a Red Sox game with the Whiteboard family! 4th of July Celebrations A highlight of the year, spend American Independence Day on the banks of the Charles River celebrating, watching fireworks, and listening to the Boston Pops. Day at Singing Beach Take a day off from business to enjoy a beautiful day at the beach in Manchester -by-the-Sea, Massachusetts Boston Harbor Island Cruise The Boston Harbor Islands are a hidden jewel in Boston and a must see! Day in Providence, RI Spend the day in Providence exploring history and restaurants Harvard Square Explore Harvard Squares shops, caf辿s, and food trucks Freedom Trail Walk the Freedom Trail, explore Quincy Square, and enjoy a dinner in the North End, the Little Italy of Boston Kayaking on the Charles The Charles River provides a great opportunity for a day of kayaking tuition, deadlines, and payment options Paying Your Tuition: A $500 deposit is due within 20 days of acceptance to hold your spot in the 2016 class. The first twelve students to submit deposits will make up the class. There are three payment options. 1. Simple & Upfront The most straightforward option to pay tuition is to submit the remaining tuition of $2,495 and room and board fee of $2,000 by April 15. Commuter option available but not recommended. 2. Split it: Pay half upfront, half later Submit half of your payment by April 15 and the second half by July 1. A $100 administrative fee is paid in two equal installments. 3. Take More Time: Opt for a payment plan We can work with you to offer payment plans in 3-month, 6- month, and 10-month installments. Fees depend on the length of the installment plan. deadlines & calendar Dec-5........... Applications Open* Feb-1 ............... Early Acceptances April-1 ........Regular Acceptances April-15.......Paperwork Deadline July 1-29 ..............Academy Dates July 29............Final Presentations *Applications reviewed on a rolling basis. tuition Tuition.................................. $2,995 Room & Board .................. $2,000
  • 8. The YEC was not just a competition but an experience. We had the opportunity to interact with students from all over the globe and to learn and brainstorm with some of the best minds that the city of Boston has to offer. The ideas, the friendships, the knowledge, and the memories are things that we will take with us forever, and we hope to come back next year! -Mark McCormick, Director of Student Development, Fortune Education, Tianjin, China Shortly after my students won first place in the 2015 YEC, they were immediately talking about signing up for next years program. As exhausted as they were, they were chattering about doing more hard work! The YEC program accomplishes all it sets out to and more. - Christine Jauregui, 2015 YEC Mentor of the first place team The Young Entrepreneur Challenge was the single greatest experience of our lives! Anybody who hasn't attended will have a difficult time understanding how amazing it is. Our team felt like a family by the end of the week and even though well miss everyone, we will also cherish the memories we made! - Maeve and Bridget Sullivan, YEC Alumnae
  • 9. Contact Information e | hello@whiteboardyouthventures.com p | +1 816-226-6940 a | College Apprentice c/o Whiteboard Youth Ventures PO Box 426006 Cambridge, MA 02142 www.whiteboardyouthventures.com