Press Releases


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

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

ALSTON & BIRD LLP COMMITS $150,000 TO CED

The Law Firm's Pledge is the Largest Yet to CED's Innovation to Impact Campaign

February 6, 2002, Research Triangle Park, NC - Alston & Bird LLP has pledged $150,000, the largest gift to date, to the Council for Entrepreneurial Development's (CED) Innovation to Impact campaign. CED is seeking to raise $3 million for the five-year initiative.

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.

"Alston & Bird's generous pledge demonstrates incredible leadership and vision for entrepreneurs," said Monica Doss, CED president. "This five-year commitment speaks volumes about Alston & Bird's dedication to the region and to our community's future generations."

"Alston & Bird is proud to join in this important effort with the Council for Entrepreneurial Development, which has been a key driver of entrepreneurial growth and success in the Southeast for nearly two decades," said Brad Markoff, managing partner for Alston & Bird in Raleigh. "The long-term economic health of the greater Research Triangle area and North Carolina as a whole depends on our success in fostering innovation and the growth of technology companies in the life sciences and other fields."

Current $100,000 investors to Innovation to Impact include: Bank of America; Comerica Incorporated; Daniels & Daniels, P.A; Ernst & Young, LLP; Gray Ventures, Inc.; Hutchison & Mason PLLC; Intersouth Partners; Kennedy Covington Lobdell & Hickman, L.L.P.; Kilpatrick Stockton LLP; Maupin Taylor & Ellis, P.A.; RBC Centura; Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, LLP; Smith Helms Mulliss & Moore, L.L.P.; Southeast Interactive Technology Funds; US Trust; Wachovia; Wakefield Group L.P.; Womble Carlyle Sandridge & Rice, PLLC; and Wyrick Robbins Yates & Ponton LLP.

About Alston & Bird
Alston & Bird, with headquarters in Atlanta, is one of the nation's leading technology and full-service law firms with more than 600 attorneys and offices in Charlotte, Research Triangle, Washington, D.C., and New York. Alston & Bird ranked No. 9 on Fortune magazine's 2002 list of Best Companies to Work For, and is among the AmLaw Top 100 law firms as ranked by American Lawyer. For more information, please visit Alston & Bird's Web site at www.alston.com.

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. Visit CED's Web site at www.cednc.org

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