newventure™ information session august 07,2019...• compete in a business plan and oral...
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© FastTrac, Inc. 2011 All Rights reserved
NewVenture™ Information SessionAugust 07,2019
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© FastTrac, Inc. 2011 All Rights reserved
NewVenture™ Information Session• About Kauffman FastTrac®• NewVenture™ Overview• Session Format and Materials• Course Schedule• Application Process
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© FastTrac, Inc. 2011 All Rights reserved
About Kauffman FastTrac®• Kauffman FastTrac® provides training across
the United States and around the world• FastTrac® Programs have helped more than
350,000 entrepreneurs worldwide start and grow companies
• According to survey results from 2011 FastTrac®, approximately 46% of participants started businesses
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© FastTrac, Inc. 2011 All Rights reserved
About Kauffman FastTrac®• Affiliate since 2013• 46 half-day workshops serving nearly 400
aspiring entrepreneurs and small business owners• The Intentional Entrepreneur™• Listening to Your Business™
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© FastTrac, Inc. 2011 All Rights reserved
About FastTrac® NewVenture™• NewVenture
• January 2016• September 2016• August 2017• May 2018
• 17 Participants• 13 Participants Completed Business Plans• 04 Participants are operating their Business in Broward
County
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© FastTrac, Inc. 2011 All Rights reserved
FastTrac® NewVenture™ OverviewIn FastTrac® NewVenture™ you will…• Build your skills as an entrepreneur. • Research and develop a business concept.• Master the business planning process using a step-
by-step approach.• Analyze and test the concept and business plan at
checkpoints throughout the program.
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© FastTrac, Inc. 2011 All Rights reserved
What will I accomplish by the end of FastTrac® NewVenture™?
• Determine the viability of your business concepts• Develop a strong business plan, and connect to
services that will help you start your business• Compete in a business plan and oral presentation
competition
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© FastTrac, Inc. 2011 All Rights reserved
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© FastTrac, Inc. 2011 All Rights reserved
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© FastTrac, Inc. 2011 All Rights reserved
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© FastTrac, Inc. 2011 All Rights reserved
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© FastTrac, Inc. 2011 All Rights reserved
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© FastTrac, Inc. 2011 All Rights reserved
The FastTrac® NewVenture™ Program Includes:• Entrepreneur manual• 10 evening sessions led by a FastTrac® certified facilitator
and subject matter experts• Life-long access to the Kauffman FastTrac® on-line toolkit
and resource center• Access to a growing local community of entrepreneurs and
organizations• Graduation Day and Oral Presentation – Certificate of
Completion
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© FastTrac, Inc. 2011 All Rights reserved
Session Format• Entrepreneurs’ Exchange• Learning Activities and Instruction• Subject Matter Experts • Networking Break• Question and Answer Session• Action Steps
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© FastTrac, Inc. 2011 All Rights reserved
NewVenture™ Schedule• Sept. 11, 18,25;• Oct. 2,16,23;• Nov. 6,13,20;• December 4;• December 18 – Business Plan Presentation Competition
and Graduation Day• All Modules will run from 6 to 9 PM• Main Library Creation Station Business (6th Floor)
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© FastTrac, Inc. 2011 All Rights reserved
Who should apply for FastTrac® NewVenture™?• Broward County aspiring entrepreneurs• Broward County based early stage small business owners• Access to a computer to complete assignments• Time Commitment to attend all sessions and complete
prep work (40+ classroom hours and 15-20 hours of weekly “homework”)
• Attendance is required and factored in to the final scoring for Business Plan competition
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© FastTrac, Inc. 2011 All Rights reserved
What is the acceptance process for FastTrac® NewVenture™?
• Applicants will be rated based on the one business concept they propose
• Submit comprehensive descriptions and responses to questions in order to strengthen their application and improve their chance of acceptance
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© FastTrac, Inc. 2011 All Rights reserved
NewVenture™ Application Scoring• Strength and development of your business idea• Level of experience in the industry of your business idea• The role your past work experience will play in your
business idea• How well you know your target market (who will buy your
product/service)• Steps that you have taken towards launch
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© FastTrac, Inc. 2011 All Rights reserved
NewVenture™ Application Period• August 07 to August 19, 2019
Application Submission Deadline• August 19, 2019
Notification of Acceptance• August 26, 2019 – August 30, 2019
NewVenture™ Begins• September 11, 2019
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© FastTrac, Inc. 2011 All Rights reserved
Economic and Small Business Development : http://www.broward.org/EconDev/Pages/default.aspxKauffman Application
• https://www.surveymonkey.com/r/NYHXYFP
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© FastTrac, Inc. 2011 All Rights reserved
Steven TinsleyEconomic Development Manager
Daryl Perez-RosenbaumProgram/Project Coordinator; Senior
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Questions?