Montgomery College (MC)

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1 Montgomery College (MC) MC is a public, open admissions community college in Montgomery County, Md., with campuses in Germantown, Rockville, and Takoma Park/Silver Spring and several other off site locations (Gaithersburg, Westfield South), and growing. It ranks second in the state, behind the University of Maryland, College Park, serving nearly 60,000 students annually, through both credit and noncredit courses and training programs through its Workforce Development and Continuing Education division. It offers over 100 areas of study. 1

2 Montgomery College Continues OUR MISSION We empower our students to change their lives, and we enrich the life of our community. We are accountable for our results. OUR VALUES EXCELLENCE * INTEGRITY * INNOVATION * DIVERSITY * STEWARDSHIP * SUSTAINABILITY 2

3 Workforce Development & Continuing Education Workforce Development and Continuing Education (WDCE) is the non credit arm of Montgomery College. Its structure: 1 President 5 Units and Deans GITE Languages CEELS Health Sciences BITS 3

4 MC s Students (WDCE) STUDENT ENROLLMENT IN NONCREDIT PROGRAMS 26,035 students in Workforce Development and Continuing Education programs: Mean Age: 36.5 years old Median Age: 35 years old 4

5 Montgomery College s 2020 Strategic Plan Conduct activities that impact the economic health of our county, and lead to long term economic growth. 90% of the College s graduates remain in the county and add their skills to our local industries. Offering and adding relevant programming. Addresses county s interest in building a skilled and highly current workforce. 5

6 Not just a pretty face Technology Project Management Chief science officer Clinical trial project management Cyber Security Real Estate licensure and CE LEED Entrepreneurship 6

7 Partnerships Montgomery County Government Lockheed Martin W.I.T.S MNCPPC Clark Construction Steam Fitters The Center for Legal Studies HHS Government Printing Office Maryland Non-Profit 7

8 Partnerships Cont. Montgomery County Department of Correction and Rehabilitation National Apartment Association (Education Institute) Impact Silver Spring Casa de Maryland Catholic Charities Greater Washington Hispanic Chamber of Commerce Maryland Small Business & Technology Development Center (SBTDC) D.L.L.R. 8

9 Still More CPSC = US Consumer Product Safety Commission MCPS = Montgomery County Public Schools GCC = Global Corporate College Linkages to Learning Mary s Center Wells Fargo USGBC Bio Health Innovation Kauffman Foundation 9

10 Kauffman FastTrac s Founder You should not choose to be a common company. It s your right to be uncommon if you can. You seek opportunity to compete. You desire to take the calculated risk, to dream, to build, yes, even to fail, and to succeed. - Ewing Marion Kauffman 10

11 Helping People Pursue their Entrepreneurial Dreams FastTrac programs serve existing and aspiring entrepreneurs in non-academic environments. FastTrac has served more than 300,000 entrepreneurs since FastTrac programs are delivered by a variety of affiliate organizations including chambers of commerce, business development centers, colleges, and many others. By helping entrepreneurs succeed, FastTrac programs contribute to building and sustaining strong, vibrant communities and economies throughout the world. 11

12 The Case for Entrepreneurship Since 1980, all net new jobs have been created by startups less than five years old. More than half of 2009 s Fortune 500 companies launched in a recession or bear market. In 2011, the pace of business startups reached its highest level in 16 years. Approximately 600,000 new firms form monthly. New firms = new jobs 12

13 Positioned to Succeed Aspiring and existing entrepreneurs greatly increase their odds of success when they Develop sound strategic plans Attract, retain, and develop talented team members Work on their business and not in it Communicate internally Measure success factors Use financial statements to continue to learn and manage the business 13

14 FastTrac NewVenture 30 hours of instruction Entrepreneurs with an idea for a business need a plan and framework to get started. FastTrac NewVenture helps them Develop their business concept Determine the viability of their ideas Outline the critical steps to a successful launch 14

15 FastTrac TechVenture 30 hours of instruction Entrepreneurs with an idea for a science or technology business need a plan and framework to get started. FastTrac TechVenture helps them Develop their business concept Determine the viability of their ideas Understand the importance of protecting their intellectual property 15

16 Program Overview at Montgomery College Kauffman Foundation FastTrac (R) has joined with Montgomery College to support future and current business owners before, during, and after the start-up process. Aspiring entrepreneurs and entrepreneurs will: Receive information, resources, and networking tools to develop their idea or to transform and improve performance of their already existing business. Be mentored by successful area entrepreneurs, who will be invited as speakers each week during class. Meet other aspiring entrepreneurs who will provide support throughout the program and beyond. 16

17 FASTTRAC FALL 2014 SEMESTER CLASSES AT MONTGOMERY COLLEGE Aspiring Entrepreneurs (One 4-hour class): 1.The Intentional Entrepreneur: A one day get your feet wet course for those who want to get a sense of what it takes to start a business. 2.The Intentional Entrepreneur for Veterans: For our Veterans thinking about starting a business. Early Stage Entrepreneurs (Ten 3-hour classes): 3.New Venture: For the entrepreneurs in the early stages of business development. 4.New Venture for Veterans: For veterans seeking to launch a business idea. 5.Tech Venture: For entrepreneurs in the tech of life sciences field seeking to start a business. 17

18 Montgomery College s Fasttrac Program For more information, please contact Karen Ambrose, Program Director Phone:

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