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New KTEC program aims to raise entrepreneurs

Trish Costello, who founded the Kauffman Fellows program a decade ago to create the next generation of venture capitalists globally, is forming a program to create a talent pool of tech and life sciences entrepreneurs in Kansas.

KTEC Pipeline will match eight up-and-coming entrepreneurs and prospective entrepreneurs in the state with successful entrepreneur-mentors drawn from a national stage.

Each mentee will receive a $35,000 stipend from the Kansas Technology Enterprise Corp., a state-owned economic development organization, to plan new businesses.

The goal is to create a new generation of tech and life sciences startups in Kansas — one of only six states that did not attract any venture capital investments last year, according to the Ernst & Young/VentureOne Venture Capital Report.

by Charlie Anderson

Full Story: http://www.bizjournals.com/kansascity/stories/2006/05/01/story3.html?from_rss=1

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