INDIANAPOLIS - The Indiana Office of Small Business and Entrepreneurship's Indiana Small Business Development Center (ISBDC) and The International Center (Indianapolis) have created a partnership along with Purdue University's Krannert School of Management to promote the growth of small business by supplying export-ready businesses with the tools and professional expertise necessary to export their goods and services successfully at the international level through the Export Indiana Fellowship Program.
Recognizing Indiana has a shortage of exporting consultants and experts to help entrepreneurs enter into international markets, the Export Indiana Fellowship Program was established in early 2015 to collectively grow the state's efforts and capacity by teaching others the skills of exporting.
Small businesses are partnered with current and graduating Purdue University masters students to help develop a successful export plan for each business. The students work with the host business over the course of one year, first as summer fellows and then as part-time consultants through the Experiential Learning Project course.
The Export Indiana Fellowship Program is currently looking to partner with 10 Hoosier businesses interested in growing their export capacity. Selected businesses would begin hosting the fellows in May 2016.
The pilot, launched this past summer, paired three MBA students with local businesses ready to take the next steps toward expanding into international markets:
"With our infrastructure in place, Fathom saw a need to capitalize on expanding our service offering internationally while attracting the young, fresh, hungry and moldable talent to help our company grow. Thus the Export Indiana Fellowship Program was the perfect combination of all those needs and a great partnership of Indiana organizations working together to better the communities we live in and keep the talent in Indiana" said Austin Evans, VP Sales & Marketing at Fathom Voice. "We couldn't be more pleased with the outcome of our partnership and the future of our company as we look to hire our Fellow full time."
Program participants receive ongoing support from Purdue faculty as well as the ISBDC Export Advisor, Andrew Reinke, President of Foreign Targets, Inc,an export management company, who provides mentorship to students and host businesses as they develop their export plans.
"The Export Indiana Fellowship is one of the best opportunities that I have experienced whilestudying in the United States. I have been challenged in ways that I have never been before and my exposure to this level of global marketing strategy is definitely transformational," commented Botao Sun, Fathom Voice Fellow.
Based on the success of the pilot, the Export Indiana Fellowship Program is seeking applicants for the next round by Wednesday, November 25.
To learn more about the Export Indiana Fellowship Program or to apply please visit: http://www.isbdc.org/exportindiana. Questions may be directed to Jacob Schpok, ISBDC State Director at email@example.com or 317-232-8805.
About the Indiana Office of Small Business and Entrepreneurship:
For more information on OSBE and to see how Indiana is "the state that works" for entrepreneurs visit www.osbe.in.gov.
About The International Center:
The International Center is a catalyst to inform, convene and connect public, private and civic global objectives in Indiana. For more than 40 years, The International Center has served as a guide to the world's cultural landscape, and a catalyst for the state's international growth.
Workingin collaboration with businesses, organizations, government agencies, educational institutions and individual citizens, The Center expands Indiana's global interest through a variety of programs and services and through convening diverse interests who share common international goals. The International Center is a member of Global Ties, U.S.
For more information visit The Center's website athttp://www.internationalcenter.org.
About the Purdue Krannert School of Management:
Krannert School of Management is integrated with one of the world's leading engineering, science and technology universities and teaches business concepts in a STEM context. Krannert offers undergraduate programs, full-time, executive and weekend MBA programs, specialized master's programs, and doctoral programs. Nearly 2,500 undergraduate students, more than 600 master's students and just over 100 doctoral students are enrolled in the school.
Krannert's undergraduate program was ranked in the top 25 in the most recent U.S. News ranking and its MBA program was recently ranked No. 3 in return on investment by Bloomberg Businessweek.
For more information, visit http://www.krannert.purdue.edu/.