Press Releases
August 28,
2001 |
Council for
Entrepreneurial Development |
CED Hosts Congressman David Price and CEOs of Entrepreneurial Companies
Breakfast Meeting Addresses Issues Impacting Entrepreneurs
August 28, 2001, Research Triangle Park, NC - Today Congressman David Price convened with more than 30 CEOs of Research Triangle Park companies at the CED Entrepreneurship Center about the pressing issues concerning entrepreneurs. The Council for Entrepreneurial Development served as the conduit for the meeting.
Entrepreneurial leaders had the opportunity to share their ideas and concerns with Congressman Price on key issues that will impact them and their companies in the coming months and years.
Congressman Price gave a firsthand overview of issues impacting entrepreneurs at the Federal level, both on the short-term and long-term horizons. The future of the Research & Development Tax Credit, which is set to expire in 2003, was one of the most critical issues on the entrepreneurs' minds. Another issue that arose pertained to a bill Price is co-sponsoring to modify the Alternative Minimal Tax so that employees who own stock options are not adversely impacted. Other concerns included the leadership of the FDA and the amount of time it takes to approve drugs, the potential base closings in North Carolina, and the estate tax.
"It's wonderful that Price stays in touch with local concerns of entrepreneurs and businesses in the Research Triangle community," said John Plachetka, president and CEO of POZEN, Inc. "He is an influential member of Congress, and we understand that he understands that he will address our issues."
"With the creation of Research Triangle Park in 1958 and the creation of CED in 1984, the Triangle has always been on the cutting edge. CED is poised to lead us even further," said Congressman Price. "I'm pleased to have the opportunity to convene with such a vibrant group, who is making the Research Triangle a leading community for high-impact companies and talent."
One of CED's ongoing goals is to more actively engage area entrepreneurs with elected officials forging public policy that may impact them.
"We are pleased that Congressman Price has continued to support and recognize us as a hub for entrepreneurial activity. His willingness to meet face to face with some of the most influential entrepreneurial leaders in his district shows that he realizes that start-up companies face different challenges than larger technology companies," said Monica Doss, CED president.
About Congressman Price
Representative David Price, a lifelong educator, represents over 700,000 people
in the Triangle region of North Carolina. Price was first elected in 1986.
Price serves on the House Appropriations and Budget Committees, where he helps determine national fiscal priorities and policies within the framework of a balanced budget. Among Price's priorities are improving education, ensuring safe neighborhoods and good housing, making health care accessible, protecting the environment, and developing transportation alternatives in the Triangle.
Price taught political science and public policy at Duke University. He is the author of four books on Congress and the American political system. Price was a Morehead Scholar at the University of North Carolina at Chapel Hill, where he earned his Bachelor of Arts degree. He received a Bachelor of Divinity degree and a Ph.D. in Political Science from Yale University.
About CED
The Council for Entrepreneurial Development, located in Research Triangle Park,
NC, is a private, non-profit organization formed in 1984 to stimulate the creation
and growth of high-impact companies in the greater Research Triangle region.
CED provides education, mentoring and capital formation resources to new and
existing high-growth entrepreneurs through annual conferences, seminars, workshops
and monthly programs on entrepreneurial management and finance. CED is the largest
entrepreneurial support organization in the nation with more than 5,000 members
representing 1,300 entrepreneurial companies, financiers and professional firms.
www.cednc.org