7/30/2010

Kauffman FastTrac, Kaplan University join forces to train entrepreneurs - Kansas City Business Journal

Kaplan University and Kauffman FastTrac, which offers training for entrepreneurs, are teaming up to offer two new online graduate certificates that help students prepare for careers running businesses.

“Nearly all net job growth in our country comes from companies less than five years old,” Ewing Marion Kauffman Foundation CEO Carl Schramm said in the release. “So today more than ever, we need more people starting companies, and we need current business owners to be more successful in growing their firms.”

Working with a “market leader” like Kaplan will help Kauffman reach a wider audience of entrepreneurs, equipping them with skills to start and expand businesses, “thus creating the innovations, jobs and wealth this country needs to recover and prosper,” Schramm said.

Kaplan University, which helps adults prepare for careers in various industries, will provide a graduate certificate in Entrepreneurship for New Ventures, based on Kauffman’s FastTrac NewVenture curriculum. The material will teach students about topics such as forming business plans, coming up with plans for finances and operations, and conducting feasibility studies.

A certificate in Entrepreneurship for Growth Ventures, based on Kauffman’s FastTrac GrowthVenture curriculum, will teach students about managing a growing business and preparing all pieces of the business for growth. Lesson topics will include forming marketing plans, identifying leadership strategies, coming up with growth business plans and performing internal assessments.

More information about the entrepreneurship certificates is available online.

Kauffman FastTrac was created by the Kansas City-based Kauffman Foundation, a nonprofit with about $2 billion in assets that focuses on promoting entrepreneurship.

“This partnership provides a unique opportunity to combine the innovation of Kaplan University’s online platform with the stellar curriculum that the Kauffman Foundation has developed over the years,” Kaplan University President Wade Dyke said in a release. “These certificate programs are a great complement to the university’s online business curriculum. Promoting entrepreneurship through education is central to both of our missions.”

Entrepreneurship has increased during the recession, with startups hitting a 14-year peak last year, according to the Kauffman Index of Entrepreneurial Activity. That surpasses the tech boom around the turn of the century.

Kaplan University is based in Chicago, but its main campus is in Davenport, Iowa. It has 12 campuses, more than 125 academic programs and offerings, and more than 78,000 students online and on campuses. The university falls under the overall banner of The Washington Post Co. (NYSE: WPO).

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