VeteranCEO Supports Kauffman FastTrac®’s Recent Grant from Accenture to Deliver Entrepreneurial Training to Veterans Interested in Starting & Growing Their Own Companies

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VeteranCEO supports Kauffman FastTrac’s free delivery of its FastTrac NewVenture™ program to 120 aspiring and early stage veteran entrepreneurs across the United States.

VeteranCEO (“VCEO”) announces its support of Kauffman FastTrac’s delivery of its FastTrac NewVenture™ program in entrepreneurship “free of charge” to active duty and transitioning veterans through a recent grant received by Kauffman FastTrac of nearly $250,000 from Accenture to help equip veterans with the skills they need to re-enter the workforce (see

As a FastTrac affiliate specializing in online entrepreneurial training and transition planning for recently separated and current veterans, VCEO was invited by Kauffman FastTrac to support the marketing, development and delivery of blended and fully online versions of Kauffman’s FastTrac NewVenture program to satisfy the online delivery requirements of Accenture’s “Skills to Succeed” veteran initiative and provide veteran entrepreneur training to 120 of the total 280 total veteran participants across the country who sign up for the free offering (see

For meeting the Accenture grant’s online delivery requirements, VCEO and its strategic partner, LogicBay (see, have designed a veteran-centric, online version of the FastTrac NewVenture program that’s delivered through LogicBay’s Enrichment Center™ technology platform and facilitated by certified, FastTrac instructors and veteran business owners. The program experience helps veterans to evaluate the viability and value of their business idea, develop a business concept, and determine the critical steps in completing a business plan and launching their business.

VCEO is currently offering two blended (classroom and online) versions of the FastTrac NewVenture, 10-week program at Fort Bragg’s Soldier Support Center in North Carolina, and is delivering fully online versions of the program to veterans across the country through the end of 2012. According to John Panaccione, CEO of LogicBay and one of two instructors facilitating VCEO’s delivery of the grant (see, “Most veterans who for some reason become entrepreneurs will tell you that much of what he or she knows about leading a business he or she learned in the military. It takes a while for that light bulb to go on. Our goal is to turn that light bulb on earlier for members of the military who are transitioning to the civilian world or for veterans that have been trying to find a productive career choice. This course blends this nation’s forged leadership talent pool with the best body of knowledge around entrepreneurship from the Kauffman FastTrac organization. It’s a program tailored for veterans by veteran entrepreneurs, and facilitated by veteran entrepreneurs.”

To meet ongoing veteran demand for the program beyond the Accenture grant, VCEO will offer a FastTrac NewVenture Certificate Program (see through accredited, non-profit university partners approved for receiving GI Bill benefits that’s specifically tailored to veterans’ needs and facilitated by certified, veteran business owners starting in the fall of 2012.

In addition to delivering the FastTrac NewVenture program for the Accenture grant, VCEO currently offers a complimentary Introductory Program that’s available to any active duty or veteran interested in exploring veteran entrepreneur training. Interested veterans can register now at to explore VCEO’s Introductory Program (see for free.

VeteranCEO (“VCEO”) specializes in online entrepreneurial training and transition planning for recently separated and current veterans. VCEO’s mission is to accelerate veterans’ transitions from military service to successful entrepreneurship. VCEO’s strategic partners include LogicBay Corporation, Kauffman FastTrac, and William Bridges & Associates.

Accenture is a global management consulting, technology services and outsourcing company, with more than 244,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. Through its Skills to Succeed corporate citizenship focus, Accenture is committed to equipping 250,000 people around the world by 2015 with the skills to get a job or build a business. The company generated net revenues of US$25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page is

For more information about VCEO’s Entrepreneurship for Transitioning Warriors online program, go to

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Kord Kutchins
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