benefits: get the best from one of america’s leading ... should attend: researchers,...

Nanyang Technopreneurship Center 2014 [email protected] 65922598

Date: 30 hours in total Who should attend: Researchers, Technopreneurs, and Engineers, who wish to create, grow or develop a technology spinoff/business.

Benefits: Get the best from one of America’s leading entrepreneurial

learning programs that are written by entrepreneurs, facilitated by entrepreneurs, for entrepreneurs.

FastTrac® TechVenture™, a 30-hour course that is specifically designed to give technology- or science-based entrepreneurs a proven framework and essential knowledge needed to tackle important challenges like protecting your intellectual property and securing financing. FastTrac® TechVenture™ is a practical, hands-on program that effectively translates complex concepts and profound management theory into straight forward and ready to use framework and checklists that can be easily applied.

Kauffman FastTrac® TechVenture™ Course Created by the Ewing Marion Kauffman Foundation, the first foundation to focus on entrepreneurship as one of its primary areas of interest since 1993, FastTrac® is one of America’s leading entrepreneurial learning programs and remains on the cutting edge by providing programs that are written by entrepreneurs, facilitated by entrepreneurs, for entrepreneurs. Over the years, FastTrac® has served more than 350,000 existing and aspiring entrepreneurs in the United States.

Nanyang Technological University (NTU) has achieved the rare accolade of being Asia Pacific’s first Kauffman Campus and Nanyang Technopreneurship Center (NTC) is privileged to be the only authorized licensee of the prestigious FastTracc® program in Singapore. Taught by Kauffman certified facilitators, the Singapore version is based on the highly sought after FastTrac® TechVenture™ program and supplemented with best teaching practices of NTC, aimed to help technology- or science-based entrepreneurs. to hone the skills needed to create, manage, and grow a successful business.

mailto:[email protected]


Course Outline By taking the FastTrac® TechVenture™, course, you will:

Explore issues specific to technology- and science-based markets and your business.

Analyze your industry, size and segmentation.

Develop strategies for your market research.

Test your business product/service, customer base, financial, and technological viability.

Formulate a market penetration plan.

Communicate effectively with various audiences by mastering the essentials of financial statements, forecasts, and ratios.

Create an organization and compensation plan to help you recruit and retain top talent.

Learn how to value your business and raise money from funding sources.

Identify administrative policies to control business operations.



Course Format

• Delivered by US trained Kauffman FastTrac certified facilitator • Guest speakers with industry specific experiences will be invited to share their experience • Built in business coaching and mentoring sessions to enhance learning and application • Action plan and roadmap for business venture

Course Benefits

Cutting edge pedagogy in entrepreneurship education

Certification from Kauffman FastTrac® and NTC

Lifelong access to Kauffman online resources

Original Kauffman FastTrac® TechVenture™ Text book and materials

Lunch and Tea breaks on training days

Guest

Speakers

• network expanding

• experience sharing

30 hrs of Content

• practical cirriculum

• hands-on approach

Business Coaching

• industry specific

• integrated approach



Key facilitator’s Profile

(All facilitators are certified by Kauffman FastTrac® in USA)

Assoc Prof Boh Wai Fong

Associate Professor

Kauffman Global Faculty

Certified Kauffman FastTrac Programme Facilitator

Division of Information Technology and Operations Management

College of Business (Nanyang Business School)

Nanyang Technological University

Mr. Tang Shuih Huei

Adjunct Instructor, Nanyang Technopreneurship Center

Certified Kauffman FastTrac Programme Facilitator

Founder, S H Tang & Associates

MSc. Technopreneurship and Innovation (NTU-UW)

Bachelor of Laws (Honours) (London)

Mr. Roderick Chia

Adjunct Instructor, Nanyang Technopreneurship Center Certified Kauffman FastTrac Programme Facilitator Managing Director , IDM Venture Capital MSc. Technopreneurship and Innovation (NTU-UW) Bachelor of Engineering (Honours) (NTU)



Program Schedule (TBC)

Day 1

Day 2

Day 3

Day 4

Morning FastTrac TechVenture course

Exploring entrepreneurship

Understanding customer development

FastTrac TechVenture course

Conducting market research and analysis

Testing Your business Concept


Planning for financial Success

Setting financial goals


Protecting the business and your intellectual property

Lunch Lunch+ guest speaker sharing

Lunch+ guest speaker sharing



Afternoon FastTrac TechVenture course

Understanding Cutomer development and the business model

Activity : business model canvass and exercise


Entering and Capturing the Market

Building and Compensating your organizational team


Managing Cash and Operating your business

Identifying funding and working with investors


Reiteration and Summary

Activity : Industrial specific business coach mentoring



About the Ewing Marion Kauffman Foundation

The late entrepreneur and philanthropist Ewing Kauffman established

the Ewing Marion Kauffman Foundation as the first foundation to focus

on entrepreneurship as one of its primary areas of interest.

An epitome of American entrepreneurship, Kauffman saw business

enterprise as one of the most effective ways to unleash human potential

and stir the economy to life. He viewed entrepreneurship as the most

powerful strategy to help individuals gain economic independence and

serve as a catalyst for creating jobs and wealth in society.

Today, the Kauffman Foundation is devoted to advancing entrepreneurship as one of the

fundamental aspects of life in the United States. Focusing on research, education, technical

assistance, and policy, the Kauffman Foundation works to increase the number and success

rate of individuals engaged in the process of starting or growing their own business or idea.

The Foundation works with partners to design programs based on the proven principles,

techniques, and leadership tactics that make starting and growing a business a more

common choice for Americans of all walks of life. The Foundation is based in Kansas City, Mo.

and has around $2 billion in assets.



Entrepreneur Stories

Living the Life of an Entrepreneur

The following success stories and business profiles, taken from the FastTrac Connections newsletter,

highlight alumni who are pursuing their entrepreneurial dreams.

Raymond Nowak, Owner | Fast-teks Franchise

“After 23 years as an engineer and manager with a corporate automotive supplier in western

Michigan, I took a buy-out. I was intent on owning a business, so I knew FastTrac NewVenture

would be valuable.”

Joe Runyan, President | Hangers Cleaners

Even if you’re not looking for entrepreneurship, entrepreneurship may find you. A corporate buyout

leads to an environmentally friendly cleaning venture.

Bob Wald, CEO / Strategic Technology Advisor | In-Knowvation

FastTrac made me think through some very difficult questions: Do I really want to do this? Does

this make sense to do? Does my product or service really have a market? When will the market be

ready for a product or service like mine?

Jan Phillippe Eiras, President | Quadras Corporation

I had attended other business planning classes and seminars, but I surprisingly found the FastTrac

approach to be significantly different and better than all my past experiences.

Suzanne Weston, President | Wrap It Fast™

FastTrac truly helped me move from the idea to the implementation stage. And through my

connections at FastTrac, I was able to eventually meet the right people to take my product to QVC.


http://fasttrac.org/entrepreneurs/stories/fastteks-franchise.aspx

http://fasttrac.org/entrepreneurs/stories/hangers-cleaners.aspx

http://fasttrac.org/entrepreneurs/stories/inknowvation.aspx

http://fasttrac.org/entrepreneurs/stories/quadras-corporation.aspx

http://fasttrac.org/entrepreneurs/stories/wrap-it-fast.aspx


Proven Results of Kauffman FastTrac® Programs



Fastest-rising Asian university in the world’s top 50

Seventh Best University in Asia

NTU is the fastest-rising Asian university among the world’s top 50 universities. Ranked 41st in the world, it is also placed 2nd globally among young elite universities. In the most recent QS Asian University rankings, NTU is ranked Asia’s seventh best university. The university has colleges of Engineering, Business, Science, Humanities, Arts, & Social Sciences, and an Interdisciplinary Graduate School. It also has a medical school, Lee Kong Chian School of Medicine, set up jointly with Imperial College London. NTU provides a high-quality global education to about 33,000 undergraduate and postgraduate students. The student body includes top scholars and international Olympiad medallists from the region and beyond.

Hailing from more than 70 countries, the university's 3,800-strong teaching and research staff bring dynamic international perspectives and years of solid industry experience


http://www.lkcmedicine.ntu.edu.sg/Pages/index.aspx


As a multi-disciplinary university-level center, the Nanyang Technopreneurship Center,

since 2001, serves as the focal point of technology entrepreneurship development within the

University and the region, where creativity and entrepreneurship will thrive, leading to the

creation of new business ventures that will provide the new engine of growth for Singapore.

Mounting global competition and rapid technological changes mark the dawn of Nanyang

Technopreneurship Center (NTC). The world economy and the way businesses are run are

being transformed by major driving forces - namely globalization, technological change and

technopreneurship. The rapid changes are unsettling not only for businesses, but also for

governments, employers, workers and societies in general.

NTC is strongly committed to technology-entrepreneurship development within the

University and the region. The ultimate aim is to groom individuals with the gumption and

business acumen to turn their novel ideas into successful high-tech ventures.


benefits: get the best from one of america’s leading ... should attend: researchers,...

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