Press Releases
May 17, 2001 |
Council for
Entrepreneurial Development |
CED Expands FastTrac Training Courses
Partnership with Venture Management, Inc. Offers Enhanced Opportunities for Entrepreneurs
May 17, 2001, Research Triangle Park, NC - In response to unprecedented demand from entrepreneurs seeking strategic business start-up and growth training, the Council for Entrepreneurial Development (CED) formed a partnership with Venture Management Inc. last year to supplement its FastTrac entrepreneurial business training course offerings. The CED and Venture Management are offering two classes, "FastTrac for Start-ups" and "FastTrac for Growth," to the local entrepreneurial business community. These two FastTrac courses are held in addition to the FastTrac Tech courses already offered by the CED.
FastTrac for Start-ups starts June 4, 2001, and is designed for entrepreneurs who are beginning new ventures and need to create a business plan for the purpose of developing a strategy and securing financing from banks, SBA lenders, or other loan sources. The class will be held at the CED offices and will run for 11 sessions through August 20, 2001. Apply online at www.cednc.org/applications/fasttrac.html. The cost is $900 for CED members and $1,000 for non-members. Class size is limited to 12.
FastTrac for Growth starts June 4, 2001, and is specifically designed for established businesses that are seeking to grow and develop new strategies to increase revenue and pursue new market opportunities. The class consists of the 11 core sessions, each with a separate workshop devoted to growth company issues. In addition, 2 full-day workshops focus on the needs of established businesses to increase revenue and market opportunities. The class will run until August 20, 2001. The cost is $1,800 for one company participant and $1,650 for each additional company participant. Class size is limited to 12. Apply online at www.cednc.org/applications/fasttrac.html.
FastTrac Tech is part of CED's Capital Connection, which consists of a comprehensive set of entrepreneur-focused programs that assist entrepreneurs at various stages, from idea to initial funding. FastTrac Tech serves entrepreneurs starting or growing high-tech, investor-financed businesses, including technology transfers and corporate licensees. Interested people should apply to CED's Capital Connection programs by the last day of every month. Apply online at www.cednc.org/programs/capital_connection/application.html.
CED members are invited to learn about the award-winning FastTrac training program by attending a free FastTrac Information Session and Lunch at noon on May 23, at the CED Entrepreneurial Center. If you're unable to attend the information session, please review our FastTrac program information at www.cednc.org/programs/capital_connection/fasttrac_tech.html.
About CED: CED is a nonprofit organization established in 1984 to encourage and assist entrepreneurs and to enhance North Carolina's prominence as a center for high-growth business opportunities. Included in CED's membership are high-growth businesses, investors, professional firms and other organizations that actively assist entrepreneurs in developing high-growth business ventures throughout the area. For more information, visit CED on the Web at www.cednc.org.
About Venture Management Inc.: Venture Management Inc. has been involved with the conduct of CED's FastTrac programs at length. The firm provides senior management expertise and assistance to startup and growth companies. For more information, contact Ed Weems at (919) 571-7600 or edweems@venturemanagementinc.com.