Rushville Republican

Business

March 28, 2014

Student business competition announces finalists, Demo Day presentations

WEST LAFAYETTE - Three Purdue University student-based startups have advanced to the final round of the Boiler Mini-Accelerator Competition or “Boiler,” where they will compete for nearly $10,000 in funding.

The Boiler, a student-run business competition, is geared for aspiring entrepreneurs who seek funds to support their startup idea and the opportunity to receive professional advice and business development strategies from entrepreneurial experts and from the Purdue Foundry, a startup resource center in Discovery Park’s Burton D. Morgan Center for Entrepreneurship.

“The energy surrounding this competition is fantastic,” Mike Asem, organizer of the competition and co-founder of the Anvil, a student-run business incubator, said. “We started out with nearly 40 student entrepreneur applicants and had the very difficult task of choosing the finalists because of the overall outstanding quality of the submissions.”

The competition culminates on Demo Day, set for April 25, in the Burton D. Morgan Center, where the three finalists will present their startups to investors, members of the startup community and a panel of judges.

“The Boiler competition is unique because it runs over an eight-week timeframe, and that is important because it gives the student finalists several weeks of invaluable advice and mentoring from experts,” Asem said. “Throughout the competition, participating students have access to the Launchbox program and various workshops to help them further advance their startup ideas.

“Another important unique aspect of our competition is the fact that our major focus is on helping the teams get actual traction and customer engagement with their businesses, rather than writing a business plan.”

The Launchbox is a Purdue Foundry program to help entrepreneurs develop startups.

Winners of the Boiler will receive $5,000, $3,000 and $1,500 for first, second and third places, respectively, with free and discounted professional services offered to teams that place first and second. These funding awards are in addition to $1,500 each of the teams received as finalists to use as seed money and further develop their startups. Funds received through the competition are awarded on a no-equity basis.

Text Only
Business
  • Edward Jones Moves Up on the FORTUNE 500 List RUSHVILLE - Financial services firm Edward Jones moves up on the annual FORTUNE 500 list, as published by FORTUNE magazine, in its second appearance in two years, according to the following Rushville area Edward Jones financial advisors: * Brian D Hu

    June 13, 2014

  • bus-rv061314-fussner release pic Fussner completes 2nd year at Institute for Organization Management WASHINGTON, D.C.-- Institute for Organization Management, the professional development program of the U.S. Chamber of Commerce Foundation, is pleased to announce that Sandy Fussner, Executive Director of the Rush County Chamber of Commerce, has recen

    June 13, 2014 1 Photo

  • U.S. businesses boost April stockpiles 0.6 percent WASHINGTON (AP) -- U.S. businesses increased their stockpiles in April by the largest amount in six months, signaling business optimism that future demand will keep rising. Business inventories rose 0.6 percent after a 0.4 percent March gain, the Com

    June 13, 2014

  • Farm Credit schedules ribbon cutting RUSHVILLE - Farm Credit Mid-America, an agriculture lending cooperative serving farmers, rural residents and agribusinesses throughout Indiana, Ohio, Kentucky and Tennessee, will hold a ribbon cutting ceremony on May 29 for their new office in Rushvi

    May 16, 2014

  • Purdue NExT online learning program launches global website, now open to individuals, businesses, industry WEST LAFAYETTE -- Purdue NExT, an online interactive learning program, has launched its global website, offering 25 new classes. Purdue NExT is an outgrowth of PurdueHUB-U, an online education initiative announced in 2012. It is based on HUBzero, a p

    April 25, 2014

  • Student business competition announces finalists, Demo Day presentations WEST LAFAYETTE - Three Purdue University student-based startups have advanced to the final round of the Boiler Mini-Accelerator Competition or "Boiler," where they will compete for nearly $10,000 in funding. The Boiler, a student-run business competi

    March 28, 2014

  • Congressman Messer honors training program Congressman Luke Messer has made it a matter of Congressional Record that he strongly supports the Manufacturing Matters fast track training program in Rush, Wayne, and Fayette counties. In the Congressional Record dated Feb. 25, 2014, he congratulat

    March 14, 2014

  • bus-rv022814-citizens bank pic Citizens State Bank recognizes 2013 award winners Citizens State Bank held their annual employee awards presentation on Feb. 17, 2014, at a companywide training day. The Pendleton branch was awarded Branch of the Year for their overall performance. Employees from this branch are Alexa Chamberlin, St

    February 28, 2014 1 Photo

  • Wal-Mart offers weak outlook on sales shortfall NEW YORK (AP) - Much like its low-income shoppers, Wal-Mart can't seem to catch a break as the U.S. economy rebounds. The world's largest retailer on Thursday posted a 21 percent drop in fourth quarter profit and gave a subdued forecast for the curre

    February 21, 2014

  • bus-rv011014-gburg Honda logo Honda Greensburg Plant and plants in Ohio perform in top 25 percent GREENSBURG - For the second year in a row, Honda's Greensburg automobile plant earned the U.S. Environmental Protection Agency's (EPA's) ENERGY STAR certification. The ENERGY STAR certification is given to facilities that perform in the top 25 perce

    January 10, 2014 1 Photo

Featured Ads
AP Video
'Modern Family' Star on Gay Athletes Coming Out MN Twins Debut Beer Vending Machine DA: Pa. Doctor Fired Back at Hospital Gunman Raw: Iowa Police Dash Cam Shows Wild Chase Obama Seeks Limits on US Company Mergers Abroad Large Family to Share NJ Lottery Winnings U.S. Flights to Israel Resume After Ban Lifted Official: Air Algerie Flight 'probably Crashed' TSA Administrator on Politics and Flight Bans Raw: National Guard Helps Battle WA Wildfires Raw: Ukraine's Donetsk Residents Flee Senators Push to End Hamas Threat in Cease-Fire A Young Victim's Premonition, Hug Before MH17 Raw: Deadly Storm Hits Virginia Campground Death Penalty Expert: 'This is a Turning Point' Raw: MH17 Victim's Bodies Arrive in Netherlands Raw: Families Travel to Taiwan Plane Crash Site Arizona Execution Takes Almost Two Hours Crash Kills Teen Pilot Seeking World Record
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.