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CONTACT: SHAWN PRESLEY
100 Old Public Library
Iowa City IA 52242
(319) 384-0011; fax (319) 384-0024
e-mail: shawn-presley@uiowa.edu

Release: Immediate

UI Entrepreneur Center receives grant to train teenagers

IOWA CITY, Iowa -- The University of Iowa's John Pappajohn Entrepreneurial Center has received a $60,000 grant from the Ewing Marion Kauffman Foundation to train a new generation of young entrepreneurs.

EntrePrep is a one-week training camp followed by 150 hours of work as an intern with a local entrepreneur. Designed for high school students who have completed their junior year, those who complete the camp and internship will receive a $1,000 college scholarship. Periodic booster workshops will be held during the internships.

Approximately 24 students will be chosen for the residency camp that runs July 20-26 on the UI's campus. The intensive program will teach the various stages of new business formation with a focus on teaching students the skills needed to launch their own business.

There are no fees for students chosen to attend. The application process includes a school counselor's nomination letter, teacher recommendations, a student essay and a student's letter of commitment to complete the program.

Kathryn Kurth, associate director of the Small Business Development Center, is the director of EntrePrep. According to Kurth, the internships will be about shadowing and actually contributing to a business. "This isn't about having students do filing for a business," she said. "This is meant to a relationship between a mentor and a protégé."

The program is in search of students interested in entrepreneurship and higher education.

While EntrePrep has been in existence for two years, this is the first time it's been offered in Iowa. It was developed by the Center for Entrepreneurial Leadership Inc., headquartered in Kansas City, Mo.

Those interested in learning more about EntrePrep should contact Kurth at 319-335-3742.

3/6/97