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Release: Feb. 1, 2001

FastTrac New Venture entrepreneurial training program starts Feb. 20

IOWA CITY, Iowa -- The John Pappajohn Entrepreneurial Center and Small Business Development Center at the University of Iowa will again offer the nationally acclaimed FastTrac Planning entrepreneurial training program in Iowa City beginning Feb. 20.

This year the Pappajohn Center is offering a six-session accelerated FastTrac Planning course for aspiring entrepreneurs and existing business owners needing to complete a business plan. The class will meet Tuesday and Thursday evenings beginning Feb. 20.

"This new offering is designed to meet both the educational and timing needs of area entrepreneurs," said David Hensley, director of the Pappajohn Center. "We have designed the program to include the most critical information required for completing a business plan while enhancing the quality of materials and ongoing support required by participants. The course is open to anyone in need of business planning assistance -- individuals developing a plan to launch a new venture and entrepreneurs wanting to develop new strategies for increased growth and profitability."

During each three-hour session, participants receive high-quality instruction from experienced entrepreneurs and educators. In addition, guest entrepreneurs and local business experts share their experiences and knowledge with the class. Participants also have time to network with other entrepreneurs and work on their plans to launch or grow their ventures.

Specific topics include legal and management issues, market research and analysis, financial forecasting and cash flow management, and sources of financing.

The cost for FastTrac Planning is $99, which includes tuition, course materials, and one-on-one mentoring; the program normally costs $399. Enrollment begins Feb. 1 and runs through
Feb. 19;; seating is limited. Questions or requests for registration materials should be directed to the Pappajohn Center at (319) 335-1022.

FastTrac programs are also offered at community colleges throughout Iowa. Since 1997, over 1400 Iowans have participated in the FastTrac entrepreneurial training programs. This statewide initiative is being supported by the Iowa Department of Economic Development, the Kauffman Center for Entrepreneurial Leadership at the Ewing Marion Kauffman Foundation, the Iowa Association of Business and Industry, the Iowa Farm Bureau Federation, Software and Information Technology of Iowa, the Iowa Biotechnology Association and the Iowa Small Business Development Centers.