Press Releases


December 15, 2000
Contact: Adam Smith

Council for Entrepreneurial Development
P.O. Box 13353
Research Triangle Park, NC 27709
919.549.7500
Fax: 919.549.7405

CED Expands FastTrac Training Offerings through Partnership with Venture Management, Inc.


December 15, 2000, Research Triangle Park, N.C. - In response to unprecedented demand from entrepreneurs seeking strategic business start-up and growth training, the Council for Entrepreneurial Development (CED) announced a partnership with Venture Management Inc. to supplement its FastTrac entrepreneurial business training course offerings. Beginning in the first quarter of 2001, the CED and Venture Management will offer two new classes, "FastTrac for Start-ups" and "FastTrac for Growth," to the local entrepreneurial business community. These two new FastTrac courses will be held in addition to the FastTrac Tech courses already offered by the CED.

FastTrac for Start-ups starts January 22, 2001, and is designed for entrepreneurs who are beginning new ventures and need to create a business plan for the purposes 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 from January 22 through April 9, 2001 with one break week. Apply online at http://www.cednc.org/applications/fasttrac.html. Priority application deadline is December 20, 2000, and the final (space available) deadline is January 2, 2001.

FastTrac for Growth starts January 18, 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. This class will be held at North Carolina State University and will consist of five three and a half-hour evening sessions and two all day Saturday sessions. The three and a half-hour sessions will run on January 18, 25, February 1, and March 1 and 8, 2001, and the all day sessions will be held on February 10 and 24, 2001. Apply online at http://www.cednc.org/applications/fasttrac.html. Priority application deadline is December 20, 2000, and the final (space available) deadline is January 2, 2001.

FastTrac Tech is part of CED's Capital Connection, which consists of several 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 http://www.cednc.org/programs/capital_connection/application.html.

For more information on how to apply to any of these FastTrac classes, contact Adam Smith at CED.

About CED

The Council for Entrepreneurial Development was founded 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. CED sponsors annual conferences, seminars, workshops and monthly programs on entrepreneurial management and finance. CED is a non-profit organization and is the largest entrepreneurial support organization in the nation with more than 3,000 members representing 1,000 entrepreneurial companies, financiers and professional firms.

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