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Wisconsin Basic Economic Development Course

FVTC Background. District established in 1967 in Appleton, WI3rd largest District in WIServe 45-50,000 people annually7,100 degree-declared students (80 associate degree

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Wisconsin Basic Economic Development Course

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    2. FVTC Background District established in 1967 in Appleton, WI 3rd largest District in WI Serve 45-50,000 people annually 7,100 degree-declared students (80 associate degree & technical diploma programs) 35,000 taking CEU courses 1,500 career program students graduate each year Serve 1,900 employers w/ contracted training each year Generate $7.5 million in contracted training (Accounts for 22% of all contracted training by WI Technical Colleges)

    3. FVTC Venture Center Background Small Business courses offered at FVTC since the mid-80’s FVTC launched E-Seed™ Innovative Entrepreneurship Training Series with City of Appleton in 2000 2002 FVTC and UW-Oshkosh SBDC partner to market E-Seed™ 2004 The FVTC Board of Trustees approves Strategic Initiative for full-blown entrepreneurship center The Venture Center launched in September 2005 www.venturecenterwi.biz

    4. Vision and Mission Vision A model of innovation and excellence in entrepreneurial education for Learning Working Serving …a valued resource for the people of Wisconsin and beyond.  Mission The Venture Center’s mission is to discover and develop the entrepreneurial talents of individuals and organizations.

    5. Entrepreneurship “A way of thinking and acting that is opportunity - obsessed, holistic in approach and leadership balanced...for the purpose of wealth creation and capture.” Babson College

    6. Age of Entrepreneurship 12% of Americans are working in a business launched in the last 42 months 70% of all new jobs created by small and mid-size firms 2 MILLION businesses start each year in the United States

    7. Age of Entrepreneurship EXPLOSION and Expansion of information and IDEAS of all kinds Technology is expanding at a RAPID pace Competition is more aggressive than ever before

    8. Entrepreneur = Spark “Once you build a successful business, you can do it over and over; the principals remain the same” Richard Branson

    9. Venture Center Product Mix

    11. The Impact!

    13. Balanced Score Card

    14. Collaboration

    15. Partnerships

    16. Funding Sources Revenue E-Seed, PRO-seed, Seminars/Workshops, Customized Training & New Product/Prototype Development Internal College Support Grants Sponsorships

    17. Marketing Personal Sales Networking Public Speaking Public Relations Paid Advertising Social Media Marketing

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