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The FastTrac New Venture Program
A Free Online Workshop Series Designed to Unleash Your Inner Entrepreneur.
ALL SPACES HAVE BEEN FILLED
FOR 2021
Please join our waitlist to ensure you don't miss the next cohort.
You have an idea for a business, now what?
Find the answer with the FastTrac New Venture Program presented by Leap Junction. The FastTrac New Venture Program is a flexible online workshop series with a proven framework to help support you as you start a business and begin your journey on the road to success.
Register for one of our info sessions to learn more.
Considering competing in the campus wide Libro Business Plan Challenge on March 30, 2022 for a chance to win $5000?
Why not give yourself the best chance of success by joining the FastTrac New Venture Program.
What is FastTrac?
The FastTrac New Venture program is a practical, hands-on business development program designed to help entrepreneurs hone the skills needed to create, manage, and grow successful businesses. Participants do more than learn about the business, they live it. You will work on your own business ideas or ventures throughout the program—moving your venture from idea to reality or to new levels of growth.
Who is it for?
For aspiring and early-stage entrepreneurs who are ready to work on their business idea but need a plan and framework to successfully start a company.
* Must be a Fanshawe College student or alumni.
What will I gain?
The FastTrac New Venture program provides the tools and knowledge you need to develop your business idea, determine the viability of the business concept, outline the critical steps to a successful business launch, and create your first in-depth investment-ready business plan.
Program Format
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10 spots are available.
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Delivered in ten 2-hour online workshops.
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Video recordings will be available after each session.
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Facilitated as an open dialogue with participant collaboration.
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We encourage you to join the live workshops so you can engage in discussions and ask questions of the advisors and other entrepreneurs.
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Entrepreneur manual with readings, planning exercises, and templates included.
Program Overview
This immersive series is designed to provide guidance and support in an interactive group- environment. You’ll work with others to:
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Discover how your business concept matches your personal vision.
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Align your business concept with a real market opportunity.
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Learn how to set realistic financial goals for your business.
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Determine the unique features and benefits of your product/service.
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Find your target market and discover your competitive advantage.
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Define your company’s brand.
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Learn how to manage business functions and develop an organizational culture.
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Determine the steps to profitability.
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Identify potential sources of funding for your business.
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Find the available resources in your community for ongoing business planning.
Program Breakdown
Part 1 - Concept Analysis
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Module 1: Exploring Entrepreneurship
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Module 2: Identifying and Meeting Market Needs
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Module 3: Setting Financial Goals
The first three modules focus on developing a business concept that will help you achieve your goals. In these modules, you will establish a personal vision, write your business concept statement, and research and analyze the concept for feasibility.
Each of these three modules explores a key element of successful entrepreneurship:
The Entrepreneur – How do you develop the skills needed to be an entrepreneur? What are your personal and professional goals? What is your business concept?
The Market – How do you research whether a market exists for your product or service? Who are your most likely customers?
The Money – What are your financial goals? Will you have enough money to start? Will your business concept help you achieve your goals?
Part 2 - Business Planning
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Module 4: Planning the Product/Service
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Module 5: Researching and Analyzing the Market
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Module 6: Reaching the Market
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Module 7: Building the Organization and Team
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Module 8: Planning for a Profitable Business
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Module 9: Monitoring Cash Flow and Seeking Funds
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Module 10: Implementing Next Steps
The last seven modules will guide you through each step of the business planning process. A key outcome of this program is a researched, developed, and written Business Plan that articulates your business concept. After your plan is complete, you will use the Feasibility Checklist to test for product/service, market, and financial feasibility.
This process will help you determine whether the business has a market, can make a profit, and can provide the money you need. A Business Plan will also help you reduce the normal risks of start-up and increase your chances of success by replacing guesses with facts.
You will build your Business Plan one section at a time by conducting the necessary research and answering relevant questions for each action step. Observing due dates for action steps provides you with a workable timeframe for completing the plan during the program.
What if i need help?
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1 on 1 business advisor and mentor meetings will be available with Leap Junction Business Advisors and Fanshawe College Faculty.
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Industry mentorship will be provided through the Fanshawe College Inspire Mentoring Program.
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Facilitator-led round tables and peer review panels along with interactive class sessions will be available.
Program Dates
Program Registration Deadline
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November 24
Workshop Dates
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All workshops will run 12:00 pm – 2:00 pm
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Workshop recordings will be available after each session - in case you cannot attend in person
November 24
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Exploring Entrepreneurship
December 1
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Identifying and Meeting Market Needs
January 5
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Setting Financial Goals
January 12
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Planning the Product/Service
January 19
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Researching and Analyzing the Market
January 26
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Reaching the Market
February 2
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Building the Organization and Team
February 16
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Planning for a Profitable Business
March 2
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Monitoring Cash Flow and Seeking Funds
March 9
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Implementing Next Steps
Libro Business Plan Challenge Date
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March 30th
Ready to Learn More?
Join one of our 2 information Sessions:
