Kauffman FastTrac(R) Provides Entrepreneurial Training

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The Alliance for Commercialization of Technology (ACT), at Cal State San Bernardino, along with co-sponsor Keck Graduate Institute, today announced plans to introduce a Kauffman FastTrac® NewVenture™ program for the Inland Empire and Southern California. Kauffman FastTrac® connects entrepreneurs to the best resources available to help them pursue and realize their entrepreneurial dreams. The program provides small business owners with business insights, strategic visioning guidance, networking connections and other professional assistance. In keeping with the objectives of ACT, the program will focus on technology ventures, particularly those with broad Department of Defense applications including such areas as medical technologies and renewable energy.

The Alliance for Commercialization of Technology (ACT), at Cal State San Bernardino, along with co-sponsor Keck Graduate Institute, today announced plans to introduce a Kauffman FastTrac® NewVenture™ program for the Inland Empire and Southern California.

Kauffman FastTrac® connects entrepreneurs to the best resources available to help them pursue and realize their entrepreneurial dreams. The program provides small business owners with business insights, strategic visioning guidance, networking connections and other professional assistance.

The NewVenture™ program is designed specifically for entrepreneurs in the early stages of business development. The program provides the tools to develop a concept, determine its viability, and outline the critical steps to a successful launch.

In keeping with the objectives of ACT, the program will focus on technology ventures, particularly those with broad Department of Defense applications including such areas as medical technologies and renewable energy.

"Not many entrepreneurs have started and run companies previously, so they are hungry for the kind of training and mentoring that Kauffman FastTrac® offers," said ACT Director Timothy Gerrity. "In our work to help entrepreneurs commercialize their products, we knew this program would provide the educational component we needed to help business owners improve their prospects."

Kauffman FastTrac® is a program of the Kansas City-based Ewing Marion Kauffman Foundation, the largest foundation in the nation focused on entrepreneurial success at all levels. More than 300,000 entrepreneurs have participated in Kauffman FastTrac® programs.

A typical Kauffman FastTrac® session includes facilitated discussions and activities, networking, small peer groups, a guest speaker and coaching sessions. Participants work on their own business ventures throughout the program.

Applications are now being accepted for the NewVenture™ program. The evening courses will be held weekly at Keck Graduate Institute in Claremont. Classes begin on April 8 and continue through June 7.

"Despite passion, drive and an abundance of good ideas, half of all new businesses fail within the first few years," Gerrity said. "With Kauffman FastTrac®, entrepreneurs in the Inland Empire and throughout Southern California now have a secret weapon that increases their chances for success."

An information session will be held Monday, March 21, 2011 from 6 - 7 pm at Keck Graduate Institute, 535 Watson Drive, Room 147, Claremont, CA. Please RSVP by March 18 at 2 pm to 909-537-7766 or canderson(at)actsocal(dot)org.

For more information on becoming involved in the Kauffman FastTrac® program, entrepreneurs may call (909) 537-7772 or e-mail jlappin(at)actsocal(dot)org.

About the Alliance for Commercialization of Technology (ACT)
ACT provides start-up technology ventures with basic and advanced business and technology assistance to advance their commercialization of innovative products and services. ACT collaborates with many organizations throughout California's Inland Empire and Southern California. ACT's Department of Defense - funded Center for Commercialization of Advanced Technology (CCAT) bridges the gap between technology innovation, DoD customers, and the commercial marketplace. For more information about ACT or CCAT, please contact Timothy Gerrity at tgerrity(at)actsocal(dot)org or 909-537-7766, or visit http://www.actsocal.org.

About Keck Graduate Institute (KGI)
Educating the future leaders of the bioscience industry, Keck Graduate Institute (KGI) offers an interdisciplinary graduate education through its Master of Bioscience (MBS), Postdoctoral Professional Masters in Bioscience Management (PPM), Postbaccalaureate Premedical Certificate (PPC), PhD and other academic programs. Using team-based learning and real-world projects, KGI's innovative curriculum seamlessly combines applied life sciences, bioengineering, bioethics and business management. KGI also has a robust research program concentrating on the translation of basic discoveries in the life sciences into applications that can benefit society. KGI is a member of The Claremont Colleges, located in Claremont, California.

For more information, contact:
Julie Lappin, 909-537-7772
jlappin(at)actsocal(dot)org

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