Press Releases
Contact: Anne Hutchison |
919.549.7500 ext. 119 |
Fifteen Companies Commit $100,000 to CED's Innovation to Impact Initiative
January 9, 2002, Research Triangle Park, NC - The Council for Entrepreneurial Development (CED) is pleased to announce it has received fifteen $100,000 commitments towards its Innovation to Impact initiative. The two most recent investors, US Trust and Wachovia, 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.; Southeast Interactive Technology Funds; Wakefield Group, L.P.; Womble Carlyle Sandridge & Rice, PLLC; and Wyrick Robbins Yates & Ponton LLP towards its $3 million goal.
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.
"These commitments speak volumes to their dedication to North Carolina entrepreneurism," said Monica Doss, CED president. "In this market, we are thrilled to have received these long-term commitments, particularly those at the $100,000 level, to the campaign."
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