Sorry for the inconvenience, but summer time was just not the best time for a boot camp. I'm sure we'll have better luck with this this fall! But for now, we didn' t have large enough of a discussion group, so we need to cancel.
Steve
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The FastTrac Program
If you have an idea for a tech startup, and you'd like to get off to a strong start - and do it fast - this program is for you. Developed by the Kauffman Foundation, the award winning FastTrac provides information, tools, and coaching to help you validate your market and your business model, develop financial projections and a marketing/sales plan, protect your intellectual property, build a strong team, and understand what it takes to get investor-ready (and to decide whether going for investment makes sense or not for your business).
The Boot Camp Schedule
This summer, OTBC is presenting the first 5 modules of the FastTrac® TechVenture™ entrepreneurship program in an intensive, "bootcamp" format on July 20-21 (Phase 1). We normally do this over 5 weeks.
We'll follow up with Phase 2 (the last 5 modules) on August 17-19 (read about Phase 2 here). During the gap between Phase 1 and Phase 2, participating entrepreneurs work on deliverables like a market validation survey, feasibility assessment, and sales projections, with opportunities to meet with an OTBC coach when questions come up.
Topics we'll Cover in Phase 1
In this Phase 1 program, we'll cover:
1. Exploring Entrepreneurship
- Characteristics of successful entrepreneurs
- Your personal goals in starting a business
- Creating a compelling Elevator Pitch
2. Defining the Target Market
- Analyzing your market environment
- Sizing the market
- Identifying your target market segment
- Industry profile
- Customer profile
- Analyzing the Competition
3. Market Validation - If you Build it, will they Buy it?
- Why validate?
- What exactly is it that you need to validate?
- Market research strategies
- Developing the value proposition
- Developing survey questions
4. Testing your Business Concept
- Product feasibility
- Market feasibility
- Financial feasibility
- Technology feasibility
- The Executive Summary
5. Entering and Capturing the Market
- Product adoption
- Image (branding)
- Selecting a sales channel
- Market penetration plan
- How to value-price your product or service
- Developing sales projections
Results you can Expect
At the end of the 2 days, you'll be armed with the tools and knowledge you need to validate your market and your pricing strategy, evaluate the feasibility of your business concept, and develop sales projections as the first step in developing financial projections.
Materials You'll Receive
Registrants receive a copy of the FastTrac TechVenture entrepreneur manual which is full of valuable information for the tech entrepreneur. And you'll get access to the extensive FastTrac TechVenture online resource library, which includes financial planning spreadsheet templates, white papers, and a samples of various types of investment and legal documents that are important to the tech entrepreneur.
Facilitator
The facilitator/coach for this seminar is OTBC executive director Steve Morris who has extensive startup and fund-raising experience and has coached more than a hundred of Oregon entrepreneurs.
Date: July 20-21 (Monday-Tuesday)
Where: OTBC, 12725 SW Millikan Way, Suite 101, Beaverton
Cost for Phase 1: $195
Cost for Phase 2: $195 (RSVP for Phase 2 here.)
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