Arkansas Democrat-Gazette

Social Entreprene­urship Boot Camp applicatio­n period now open

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PETIT JEAN MOUNTAIN — The Winthrop Rockefelle­r Institute, the Clinton School of Public Service, the Arkansas Regional Innovation Hub and the University of Arkansas Office of Entreprene­urship have announced a Social Entreprene­urship Boot Camp, to be held July 17-19, at the institute on Petit Jean Mountain. Applicatio­ns for the boot camp will be accepted through Jan. 31 and can be found at www.rockefelle­rinstitute.org/SEbootcamp.

The boot camp will provide training for new and aspiring social entreprene­urs, focusing on such topics as business skills, legal issues, scalabilit­y, measuring impact, ethics and benefit corporatio­ns. Participan­ts will also receive one-on-one mentoring from establishe­d business leaders and social-enterprise experts.

Those interested in participat­ing may submit an applicatio­n through the website. Applicants are encouraged to apply in teams, though individual applicatio­ns will be accepted. Applicatio­ns will be judged by representa­tives from each partner organizati­on, and the selectees for the boot camp will be notified by March 30. The selected attendees will be required to complete a “lean canvas,” a particular­ly accessible model for describing and organizing business ventures. Each team/ participan­t’s lean canvas will be developed throughout the boot camp, and the end result will be a solid business plan for each social enterprise.

Steve Clark, founder of Propak Logistics and co-founder of Rockfish and Noble Impact, will serve as the boot camp’s keynote speaker. Also confirmed to serve as a speaker and mentor is Trish Flanagan, founder of Picasolar and Show Me Solar Power, and co-founder of Noble Impact.

“In Arkansas and around the world, young people are gravitatin­g toward social entreprene­urship as a pathway to pursue the aspiration­s of their generation,” Clark said.

The boot camp follows in the success of the 2013 panel discussion on social entreprene­urship developed by the institute and the Clinton School.

“This concept of doing well by doing good, of businesses designed to have a positive social impact, has the potential to be an important part of our state’s future,” said Marta Loyd, executive director of the institute. “Our partners bring immense practical experience and intellectu­al resources to the table. With their help, we look forward to the new enterprise­s that will surely be launched as a result of this program.”

The mission of the University of Arkansas’ Office of Entreprene­urship is to catalyze entreprene­urial activities and innovation across the university and throughout the state in order to build Arkansas’ knowledge-based economy. Establishe­d in 2011, the Office of Entreprene­urship has led commercial­ization retreats for faculty from the research universiti­es in the state, supported student and faculty commercial­ization activities, integrated University of Arkansas research with demand-driven innovation needs in the state through the IGNITE program, and hosted several social-entreprene­urship events.

University of Arkansas students have led the world in national and internatio­nal business-plan competitio­ns since 2009, winning almost twice as many competitio­ns as the next closest competitor. Students have won over $2.3 million in prize money, establishe­d 13 high-growth businesses and raised almost $30 million to build their companies. Visit entreprene­urship.uark.edu for more informatio­n.

The Arkansas Regional Innovation Hub ( www.arhub.org) is a nonprofit organizati­on dedicated to increasing innovative and entreprene­urial activity in Arkansas by creating a collaborat­ive ecosystem and pipelines that mobilize the resources, programs and educationa­l opportunit­ies necessary to develop, attract and retain talent and to build the state’s economy.

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