Venture capitalist Tim Draper launched his own university for entrepreneurs in downtown San Mateo, California earlier this year, according to Lauren Hepler of Silicon Valley Business Journal.
The Draper University of Heroes offers education programs for entrepreneurs of all ages. Now, Draper University announced that it is introducing an online school for aspiring entrepreneurs from around the world.
The university is expanding its programs in response to the growing demand from entrepreneurs who are unable to attend the exclusive boarding school. Draper University said it will launch the first session of its online school from September 30, 2013, through November 15, 2013.
The online school will run in tandem with the existing boarding school and is now accepting applications from entrepreneurial students.
The school provides an outstanding opportunity for anyone unable to attend the Draper University boarding school to have access to Draper University's extensive catalog of industry speakers and cutting-edge curriculum.
Online school students are required to spend 20 hours each week on their studies. There are no separate courses for online students; online school students will be offered the same courses that the university offers to its boarding school students.
Draper University's courses cover business basics and startup strategies using "experiential hands on methods unique to Draper University." The classes include both individual assignments and teamwork projects based on interest, geography, and background.
The university allows students to learn about business, management and marketing skills that will serve them in their path to realizing successful startups. According to Draper University's website, experts and mentors will help every student to create a company, and the student will be taught how they can pitch for funding from Silicon Valley venture capitals.
Draper University is offering an introductory session at a discounted rate of $399 for the 7- week session. However, the price will increase for following sessions, according to the university.
"I'm thrilled about the launch of the Draper University online school. Online education is here, it's real and it should be an integral part of any educational institution. We are changing the lives of so many more aspiring entrepreneurs by addressing their global needs with our disruptive, groundbreaking curriculum," stated Tim Draper, founder of Draper University and co-founder of DFJ Venture Fund.
Fall session applications for both the online school and boarding school are due August 5, 2013.
Once enrolled, students will hear from about 50 speakers on different topics, ranging from the future of energy to viral marketing, rural survival skills like suturing or building a fire, yoga, cooking and painting, according to Silicon Valley Business Journal.
In February 2013, San Mateo's city council approved Draper University of Heroes. The university was officially opened April 17, 2013, in a three-building site, anchored by the historic Benjamin Franklin Hotel in downtown San Mateo.
Draper decided to launch his own university after his pilot program in 2012 summer resulted in four funded startups.