FastTrac® TechVenture™: Be the Next Big Thing

Program Details

The next FastTrac® TechVenture™ class will be held from October 7 - December 16, 2008.

Topics: see class outline below.

Apply Online

Time: Tuesdays, 5:30-9 p.m.

Price: CED members pay $595 for first company representative, $299 for each additional rep (limit three). Non-members pay $100 to become a member, then pay member prices to attend. There is no application fee.

For More Information: Contact Chad Moore at cmoore@cednc.org or at 919-549-7500 x114

Sponsored by: This session of FastTrac® TechVenture™ is sponsored by

FastTrac® TechVenture™ is a product of the Kauffman Foundation.

Fasttrac

Be the Next Big Thing™

FastTrac® TechVenture™ is a comprehensive business training program that addresses the needs of start-up entrepreneurs refining and writing their business plans and seeking to grow sustainable high-impact companies. The program combines one-on-one coaching, peer learning, guest speakers and comprehensive tools to help entrepreneurs produce solid business plans and strategies.

FastTrac® TechVenture™ classes are led by experienced instructors and mentor workshop leaders who are entrepreneurs with extensive company building, bootstrapping and fund-raising experience. The course also utilizes expert guest speakers and panelists from the entrepreneurial, corporate, angel, venture capital, legal and financial communities. FastTrac® TechVenture™ classes meet weekly from 5:30-9:00 p.m. A typical night of class includes a guest speaker or panel, dinner and elevator pitches, an instructor talk and workshop breakout sessions (one-on-one and group work).

Class Outline

  • Week 1: Entrepreneurial Mindset vs. Reality
  • Week 2: Market Definition
  • Week 3: Market Research and Analysis
  • Week 4: Market Penetration
  • Week 5: Financial Models I and Alternative Funding Sources
  • Week 6: Building the Entrepreneurial Management Team
  • Week 7: Planning for Employees and Growth
  • Week 8: Investor Mindset and Deal Structures
  • Week 9: IP Protection and Financial Models II
  • Week 10: Managing Growth, Cash Management and Burn Rate
  • Post-Class: Investment Pitch Refinement Sessions

FastTrac® TechVenture™ features:

  • Teams of trained instructors with successful company building experience
  • A focus on each participant's own business rather than academic models
  • Reviewed homework assignments that create a thorough business plan
  • Extensive classroom participation
  • Comprehensive course workbooks, business plan and financial plan software and other collateral materials
  • Expert guest speakers with real-world experience and valuable contacts
  • Industry-specific breakout groups to enhance peer counseling
  • Hands-on, individual business counseling from expert entrepreneurs
  • An online discussion group that allows FastTrac Tech entrepreneurs to network with each other, ask questions and discuss common issues as they move through the program together.

Testimonials:

"FastTrac TechVenture is an education and a revelation. Along with imparting vital information on marketing, finance, sales, business and technology, the program delivers its most effective impact by mentoring and by peer-feedback. The ten weeks of information has been enlightening and the contacts made will be invaluable. I recommend this course to any novice entrepreneur."- Liam Pender, Egret Technologies

"I can 100% tell you that without FastTrac® TechVenture, I would never have been able to start PrepChamps. It was the small group advisors and several successful area CEOs within the FastTrac® TechVenture class that helped to incubate my idea." - Dean Bundschu, CEO, PrepChamps

"FastTrac® TechVenture was everything I thought it would be and more. It was a great investment of my time and it has given me additional insight to turn around the performance of my business and grow it to scale." - Charles Wilson, CEO, INTELLUS

"I strongly recommend the FastTrac® TechVenture program to anyone considering a new business or seeking to raise capital. The program allowed me to develop relationships with highly skilled mentors that were readily available to roll up their sleeves to help me move my business forward." - Jim Greene, CEO, RouterWare, Inc.

Fun Facts:

• Each year more than 175 entrepreneurs are provided the opportunity to showcase their company to investors through CED's Venture conference, FastTrac® TechVenture™ program and many others.

• More than 454 companies have graduated from FastTrac® TechVenture™ since 2001.

• Overall, FastTrac® TechVenture™, Innovators Workshop and STREAK™ participants have raised more than $400 million.

Interested in sponsoring a CED program? Click here for details!

What Members are Saying

"CED membership and sponsorship has given me and our company great visibility, exposure and promoted growth." -Bo Burch, chief principal, Human Capital Solutions, Inc.