The Startup With Purpose Foundation, a nonprofit based in Palo Alto, California, that provides entrepreneurial mindsets and opportunities to youth in underserved regions, announced the start of a new program: Startup With Purpose, Puerto Rico.
foundation has partnered with Saint John’s School in Condado to host the
program on the school’s campus from June 10-14, 2019. The
program is open to anyone who has finished their first year of high school and
has not yet started college,
the nonprofit said.
Startup With Purpose program is a holistic teaching and learning approach based
on the Berkeley Method of Entrepreneurship (BMoE), that enables participants
from a variety of backgrounds to be more entrepreneurial.
will bring professors from the University of California, Berkeley, Stanford
University, and the Wharton School of Business, along with mentors with
entrepreneurial and industrial experience in both Puerto Rico and Silicon
Valley, to the island.
Over the course of the
one-week program, participants will work in groups of five
to identify a problem and to come up with an economically viable solution to
that problem —
creating a business plan for their solution.
There are two to three
hours of lectures each day and seven to eight hours of project work
with teammates, so participants should come prepared to work on their
ideas. At the end of the week, students
will pitch to real investors in a “shark tank” like setting.
Startup With Purpose Foundation is thrilled to have the opportunity to bring our
program to Puerto Rico. This would not be possible without the very generous
support we have received from many individuals and organizations on the island,”
said Foundation Chair Steve Adelman.
“Specifically, the Startup
With Purpose Foundation would like to thank the Partnership for Modern Puerto
Rico, Puma Energy, the Kinesis Foundation, Banco Popular], and the Department
of Education for providing need-based scholarships for Puerto Rican
participants; and Saint John’s School, Colegio Marista de Guaynabo, Baldwin
School of Puerto Rico, Colegio San Jose, and Colegio San Ignacio for their support,”
registration is open through April 15, 2019, and only 200 participants will be
accepted into the program. Full and partial scholarships are available for
qualified participants. For more information, click HERE.