CED Kicks Off New FastTrac Tech Course April 29 Offers Reduced Price and Need-Based Scholarships.Business Editors CED (Capacitance Electronic Disc) An earlier videodisc technology from RCA that was released in 1981 and abandoned five years later. Like phonograph records, the analog disc contained grooves that a stylus rode over. Venture 2003 RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C.--(BUSINESS WIRE)--April 15, 2003 -The Council for Entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. Development (CED) will kickoff a new FastTrac Tech course - a comprehensive entrepreneurial training program for entrepreneurs starting or growing high-tech businesses, including technology transfers and corporate licensees - on April 29. In addition, the organization has reduced the price of this class to the cost of materials, and a limited number of scholarships will be available on a need basis. "CED sees its role as providing the knowledge, know-how, and network to entrepreneurs who are starting and building potential growth companies," said Monica Doss, CED's president. "A difficult economy certainly makes our job more challenging, but it's important to do our part to ensure the region's pipeline stays stoked stoked adj. Slang 1. Exhilarated or excited. 2. Being or feeling high or intoxicated, especially from a drug. with innovation companies. The generous underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. assistance of CED's Innovation to Impact campaign supporters enables us to do that more affordably." FastTrac Tech is part of CED's comprehensive Capital Connection mentoring programs, which assist entrepreneurs at various stages, from idea to initial funding, by providing mentors and instruction. Capital Connection provides entrepreneurs with tools to evaluate their ideas, refine their business concepts and produce solid business plans and strategies. The FastTrac Tech course includes 12 weeks of instruction and has two phases - "Kickoff" and "Plan." FastTrac's Kick-off phase offers four weeks of expert-led discussions and workshops to help entrepreneurs clarify and articulate articulate /ar·tic·u·late/ (ahr-tik´u-lat) 1. to pronounce clearly and distinctly. 2. to make speech sounds by manipulation of the vocal organs. 3. to express in coherent verbal form. 4. business concepts, produce an executive summary, develop strategy, and learn the basics of angel, venture capital, and strategic financing. The Plan phase of FastTrac Tech is an eight-week program focused on helping entrepreneurs develop a comprehensive business plan and financial model. Instructors in the FastTrac Tech program are entrepreneurs with extensive company building and fund-raising fund-raising, large-scale soliciting of voluntary contributions, especially in the United States. Fund-raising is widely undertaken by charitable organizations, educational institutions, and political groups to acquire sufficient funds to support their activities. experience. For more information, or to register for FastTrac Tech, visit www.cednc.org/capitalconnection, or contact Adam Smith (asmith@cednc.org). About CED The Council for Entrepreneurial Development, located in Research Triangle Park, NC, is a private, non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. 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 4,000 members representing 1,100 entrepreneurial companies, financiers and professional firms. www.cednc.org |
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