Get bright ideas from IDEA Bank

Published 9:35 pm Thursday, August 12, 2021

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Local entrepreneurs, ranging from students to local business owners, will have a chance to get some tips from an expert on how to make their business grow and prosper.

The Troy University IDEA Bank has partnered with Auburn University’s Government and Economic Development Institute to sponsor a workshop for entrepreneurs.

The workshop will be held at the IDEA Bank, located at 63 S. Court Square in downtown Troy, Thursday, Aug. 26, from 9 a.m. to 1 p.m. The fee for community entrepreneurs is $25 and includes lunch, Troy University students are admitted free.

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“The workshop is about how to be more productive as an entrepreneur,” Lynn George, IDEA Bank director, said. “The workshop will give local people a chance to learn how to develop their business model. It will also give them a chance to talk with an expert.”

The workshop will be led by Auburn University’s Dr. LaKami Baker. Baker is an associate professor in the Department of Management Entrepreneurship. Baker currently serves as the interim executive director of Auburn’s Government and Economic Development Institute in University Outreach and holds the Russell Foundation Professorship in Entrepreneurial Studies.

Baker previously served as the managing director of the Lowder Center for Family Business and Entrepreneurship. In that capacity, she guided students and faculty to create business ideas, how to plan and maximize their chance for success and how to acquire the resources to make their ideas a reality.

During her tenure at the Lowder Center, the student teams she worked with won or raised over more than $850,000 from external sources and generated more than $840,000 in revenue.

Baker is also certified to provide training, coaching and mentoring on the lean startup methodologies, value proposition design and creating and developing sustainable business models by the International Business Innovation Association and I-Corps South.

To register for the workshop, visit