The Crimson Entrepreneurship Academy (CEA) is a 9-week business development program held in the summer, where participants are immersed in a structured environment that helps them refine their business idea. The Academy focuses on three key pillars: 1) building confidence 2) building business and 3) building networks. Eligibility and acceptance into CEA are based on previous participation in AEI/EDGE or UA entrepreneurship-focused events or similar programs that provide opportunities to learn the fundamentals of starting a new venture. Students will work on their own ideas during the summer, or they can join other start-up teams. Participants that show strong potential (based on their pitch talent, the strength of the business idea, etc.) are most likely to be accepted into the program. Those accepted into CEA are provided with a stipend (up to $3,500) to help support their efforts so that they are able to spend their summer developing their entrepreneurial skills and working on their businesses. The Crimson Entrepreneurship Academy is supported by a generous sponsorship provided by the Medical Properties Trust organization and its CEO and founder, Edward K. Aldag, Jr..
The CEA program runs from June 12, 2023, to August 8, 2023.
Demo Day will be part of Global Entrepreneurship Week, which in 2023 will be the week of November 13, 2023.
What is the Crimson Entrepreneurship Academy?
The Crimson Entrepreneurship Academy is a 9-week program designed to immerse students in a structured environment for business development that helps them refine their ideas.
Who can join?
Eligibility is based on showing strong potential in AEI/EDGE events such as the Edward K. Aldag, Jr. Business Plan Competition.
What do you do?
As a participant, you will discover the three building blocks of the CEA:
Build ConfidenceDiscover role-based confidence, storytelling skills, and finalize personal goals.
Build BusinessPractice your pitch and take steps to prepare your business plan.
Build NetworksLearn with your cohort and work with mentors and coaches.
Participants will also
Attendmeetings and speaker events.
Workwith peer coaching groups.
Jointhe 4-week customer discovery program.
The Crimson Entrepreneurship Academy is hosted by the Alabama Entrepreneurship Institute in partnership with: