Four months after stepping down unexpectedly as boss of Starmount Life Insurance, Deborah Sternberg is teaming adult with officials during LSU to launch a Young Entrepreneurs Academy of Baton Rouge.
The program, that will run for 7 months commencement in September, is a internal associate of a inhabitant nonprofit classification Young Entrepreneurs Academy, that seeks to give high propagandize students an experienced-based entrepreneurship module training them how to renovate their ideas into enterprises with amicable and mercantile value.
Founded in 2004 during a University of Rochester in New York, a module is also designed to emanate a enlightenment of creation in Baton Rouge and encourage an entrepreneurial mindset among youths.
Sternberg had prolonged wanted to move something like YEA to Baton Rouge yet kept a thought on a behind burner for years, she says. After withdrawal Starmount in January, she motionless a time was right to make it happen.
“I grew adult in an entrepreneurial family,” says Sternberg, whose family owned Goudchaux’s and Maison Blanche dialect stores for decades and, in a 1990s, founded Starmount, that they sole to advantages hulk Unum in 2016. “We are entrepreneurs. we wish others to have those skills.”
To assistance make her prophesy a reality, Sternberg called Charlie D’Agostino, who runs LSU’s Innovation Park, for help. They motionless to associate with YEA since it is an determined module with a proven lane record and some 160 affiliates around a U.S.
“By apropos an associate we acquire your curriculum and they sight you,” she says. “It’s a proven indication and that’s what vehement us—you don’t have to start from blemish and reinvent a wheel.”
YEA graduates have left on to win internal and inhabitant representation competitions, including those on Shark Tank.
Classes during a academy will be hold weekly from 5 to 8 p.m. from Sep by Apr during LSU’s E.J. Ourso College of Business and during Innovation Park. LSU expertise from a Ourso College entrepreneurship dialect will learn a courses, yet a module will not be sponsored by or dependent with a university.
“We’re vehement LSU is during a table,” Sternberg says.
Becoming an associate cost about $13,000, that Sternberg saved out of pocket. Now, she is concentrating on lifting income to recompense a expertise who will learn a courses.
The march is open to only 30 students per year, and Sternberg is anticipating to attract a different cranky territory of students from open and private high schools via a area. The academy’s website went live reduction than a week ago, so for now a idea is to widespread a word and try to get as many applications as possible.
“So far, a feedback we’ve gotten has been really positive,” she says. “We’ve been met with a lot of enthusiasm. We’re only perplexing to get a word out.”