CONTACT: GEORGE MCCRORY
300 Plaza Centre One
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
PROGRAM CONTACT: CAROLYN NORTON
John Pappajohn Entrepreneurial Center
Release: Sept. 12, 2002
FastTrac entrepreneurial training program starts Sept. 19
The John Pappajohn Entrepreneurial Center and Small Business Development
Center at the University of Iowa will offer the nationally acclaimed FastTrac
New Venture entrepreneurial training program Sept. 19 to Nov. 14 in Iowa City.
The FastTrac New Venture program is designed to help aspiring entrepreneurs
evaluate their business opportunities and develop a plan for successfully
starting a new business.
"Participants who make the commitment to complete this course should
leave the class with a definite answer as to whether their business opportunity
can be profitable. If the result is to start a new business, the written plan
can be used to obtain financing and guide the new business. If the idea does
not merit starting a new business, the participant will have learned the skills
necessary to properly evaluate their next opportunity," explained David
Hensley, director of the John Pappajohn Entrepreneurial Center.
During each session from 6-9 p.m. on Thursday evenings, participants will
receive high-quality instruction from experienced entrepreneurs and educators.
In addition, guest entrepreneurs and local business experts will share their
experiences and knowledge with the class. Participants also will network with
other aspiring entrepreneurs and work on their plans to launch their new ventures.
Specific topics include characteristics of successful entrepreneurs, opportunity
recognition, market research and analysis, marketing strategies, financial
forecasting and management, and sources of financing.
The FastTrac New Venture program series normally costs $349, but the UI
is offering FastTrac at a reduced rate of $99, which includes tuition and
course materials, including business planning software, and one-on-one mentoring.
Enrollment is limited. To register or for more information, contact the Pappajohn
Entrepreneurial Center at (319) 335-1022.
FastTrac programs are also being offered at community colleges throughout
Iowa. Since 1997, over 2000 Iowans have participated in the FastTrac entrepreneurial
training programs. the Kauffman Center for Entrepreneurial Leadership at the
Ewing Marion Kauffman Foundation and MidAmerican Energy Co. have provided
financial support for this statewide initiative.