Press Releases


Contact: Anne Hutchison
Council for Entrepreneurial Development
ahutchison@cednc.org

919.549.7500 ext. 119
Fax: 919.549.7405
www.cednc.org

CED Advances Towards $3 Million Campaign Goal

Bank of America, Ernst & Young, LLP,
RBC Centura, and Southeast Interactive Technology Funds Commit $100,000

January 16, 2002, Research Triangle Park, NC - The Council for Entrepreneurial Development (CED) is pleased to announce it has received eighteen $100,000 commitments towards its Innovation to Impact initiative. Total committed to date is $2,337,500 towards its $3 million campaign goal. The four most recent investors, Bank of America, Ernst & Young, LLP, RBC Centura, and Southeast Interactive Technology Funds join Gray Ventures, Inc.; Daniels & Daniels, P.A.; Hutchison & Mason PLLC; Intersouth Partners; Kennedy Covington Lobdell & Hickman, L.L.P.; Kilpatrick Stockton LLP; Maupin Taylor & Ellis, P.A.; Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, LLP; Smith Helms Mulliss & Moore, L.L.P.; US Trust; Wachovia; Wakefield Group, L.P.; Womble Carlyle Sandridge & Rice, PLLC; and Wyrick Robbins Yates & Ponton LLP.

Contributions will support CED's Innovation to Impact strategic initiative, a five-year undertaking that fuses innovation, leadership and resources to build a Research Triangle rich in opportunity and entrepreneurial impact. The initiative was officially unveiled in October 2001 at CED's Annual Meeting. Through Innovation to Impact, CED will embark on the following:

  • Provide a wider and deeper set of services in the areas of management and leadership development, especially to companies farther along in their life cycles.
  • Engage government, civic, academic, corporate and technology organizations for both the delivery of entrepreneur-oriented services and programs and for regional positioning, promotion, and message-shaping.
  • Expand the pipeline of potential high-growth companies by actively encouraging their development in traditionally under-represented areas and groups.

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

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