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May. 9, 2007
Paul Silverman selected as director of new program
FAIRFAX, Va., May 9, 2007 – George Mason University’s Mason Enterprise Center today announced the launch of the Entrepreneurial Step-Up Program, an innovative two-track initiative that offers management education services to spur the growth of early stage Tier 2 companies in the National Capital Region. Tier 2 companies targeted for the Step-Up Program typically will have minimum projected revenue of $2 million, a minimum of 10 employees and have been in business for at least three years.
Paul Silverman, who played a key role in developing the Step-Up Program, has been selected to direct its implementation. Currently Silverman serves as CEO of Strategic Defense Alliance Corporation. He is also an adjunct professor at Mason’s School of Management and American University’s Kogod School of Business.
“Helping high potential regional companies achieve major growth is a winning strategy for all,” said Silverman. “We create new jobs and regional economic benefits, and further reinforce Virginia’s position as the ‘best state for business’ per the August 2006 Forbes.com.”
According to Silverman, the Step-Up Program provides senior entrepreneurial executives with critically needed management skills to help grow their businesses. Comprised of two six-month executive entrepreneur sessions, the program will provide participants with a comprehensive, structured, in-depth curriculum that addresses essential entrepreneurial management skills and tools.
Additionally, each program participant will be assigned a business mentor. The monthly mentor meetings will be used to develop key performance metrics, assess critical issues, identify action plans and track company progress through the six month program. The Step-Up Program advisors include senior level entrepreneurs, business consultants and investment professional with significant experience working with early stage companies.
The first phase of the Step-Up Program is scheduled to start fall 2007. Upon completion of the first phase of the program, a maximum of 10 participants will be accepted into the second phase.
The new Step-Up Program is an initiative of the Mason Enterprise Center, which is directed by Dr. Roger Stough, who also is associate dean of Mason’s School of Public Policy.
About the Mason Enterprise Center The Mason Enterprise Center, administered by the School of Public Policy, is a university-based economic development enterprise that focuses the energy, skills and intellectual capital of George Mason University on enterprise creation and expansion. Specializing in the areas of small business services, government contracting, international business, entrepreneurship, technology ventures, and telework initiatives, the Center offers a unique combination of programs, services, and resources. The Center also conducts training seminars and conferences addressing a wide range of business issues. For more information, visit www.masonenterprisecenter.org.
About George Mason University George Mason University, located in the heart of Northern Virginia’s technology corridor near Washington, D.C., is an innovative, entrepreneurial institution with national distinction in a range of academic fields. With strong undergraduate and graduate degree programs in engineering, information technology, biotechnology and health care, Mason prepares its alumni to succeed in the workforce and meet the needs of the region and the world. Mason professors conduct groundbreaking research in areas such as cancer, climate change, information technology and the biosciences, and Mason’s Center for the Arts brings world-renowned artists, musicians and actors to its stage. Its School of Law is recognized by “U.S. News and World Report” as one of the top 50 law schools in the United States.