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University of Iowa News Release


Sept. 12, 2007

UI FastTrac Training Program for Washington County entrepreneurs starts Sept. 24

Aspiring and current entrepreneurs in Washington County can evaluate business opportunities and develop a business plan during the fall at the University of Iowa FastTrac NewVenture entrepreneurial training program.

The sessions will be held on Monday nights at the Washington County Fairgrounds 4-H Building from 6:30 to 9 p.m. starting Sept. 24 and ending Nov. 12. The deadline to register for the fall class is Wednesday, Sept. 19. For more information, or to register online, visit

Registration for the program costs $49 for Washington County residents, $149 for residents outside Washington County. Course materials are included.

Specific topics covered in the program include opportunity recognition, market research and analysis, market penetration, pricing, financial projections, cash flow management, and sources of financing. Participants will also learn about the Wellmark Venture Capital Fund, established in 2002 to assist business start-ups in Iowa.

During each session, participants will learn from experienced entrepreneurs and educators. In addition, local business experts will share their experiences and knowledge with the class. Participants will be able to network with other aspiring entrepreneurs and work on their business plans.

The John Pappajohn Entrepreneurial Center (JPEC) at the UI is committed to increasing the entrepreneurial spirit across the state of Iowa. To that end, JPEC has partnered with the Iowa Community College system and the University of Northern Iowa to deliver statewide the nationally acclaimed FastTrac entrepreneurial training programs of the Ewing Marion Kauffman Foundation of Kansas City.

This initiative is designed to provide a wide range of learning experiences for individuals who wish to create a venture, learn the entrepreneurial process, or need to update their knowledge and skills to grow their businesses. Since the inception of the program in fall 1997, more than 3,000 Iowans have completed the programs.

The training program is sponsored by the Washington County Riverboat Foundation, Washington State Bank, Federation Bank, West Chester Savings Bank, U.S. Bank, ISU Extension and the Washington Economic Development Group.

STORY SOURCE: University of Iowa News Service, 300 Plaza Centre One, Suite 371, Iowa City, Iowa 52242-2500.

MEDIA CONTACT: Tom Snee, University News Services, 319-384-0010,