about founder’ s 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®, 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, cafés, 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 year’s 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 we’ll 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