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The Three Phase GMU MEC Entrepreneurial Step Up Program™ The GMU MEC Step Up Program is organized into three phases as shown below. Highlights of each phase of the overall program are presented below: 
The GMU MEC Entrepreneurial Step Up Program™ Phase I : Executive Entrepreneur Program™ (“EEP”) The Phase I Executive Entrepreneur Program™ (“EEP”) is a three month program with 3 sessions per month which includes two classroom sessions and one meeting per month with an assigned Step Up Executive Mentor. A maximum of 30 participants will be accepted into the EEP. Tuition fee is $3,000 per participant for the Phase I program. Upon successful completion of the Phase I Executive Entrepreneur Program™, class participants will receive a Certificate of Completion. The course qualifies as a Continuing Professional Education Program and upon successful completion, class participants will receive 4.2 CEUs. The EEP includes a structured Executive Management Education Program which meets for two sessions per month. The class sessions address critical early stage company issues and help companies develop winning strategies and new functional senior entrepreneurial management skills. The program includes lectures, case studies, guest speakers and round table discussions with successful entrepreneurs, venture capital, consultants, and financing firms. The curriculum for The Phase I Executive Management Education Program emphasizes developing new skills and analyzing case studies that address the challenges of managing and growing early stage companies. The program emphasizes entrepreneurial management skills and covers the following eight core Course Modules in the 12 session program:
The EEP also includes an Executive Mentor Program whereby an assigned Step Up Program Executive Mentor will meet with each participant monthly. At the start of the program, individual Executive Mentors are assigned to each participant. During the monthly Executive Mentor Program sessions, participants will review company issues, management concerns, identify and develop Key Performance Indicators (“KPI’s”) and work with the executive participant develop monthly KPI progress reporting and action plans. For the EEP Phase I program, six EEP Executive Mentors will support the program with each EEP Mentor assigned to support five EEP participants. On a monthly basis, the Step Up Program Director, EEP Instructor, and other selected Step Up Program committee staff will briefly meet with all EEP Mentors in the EEP Instructor/Mentor Review Session. The purpose of the monthly session is to review overall progress and issues, review feedback and recommendations to all participants, identify common areas and issues and secure new EEP Mentor resources as needed. The monthly EEP Instructor/Mentor Review Session provides a valuable forum to track program progress, identify possible areas of improvement and assist in identifying potential company candidates for the Phase II Advanced Executive Entrepreneur Program. Phase II : The Advanced Executive Entrepreneur Program™ (“EEP”) Selected Phase I participants will be offered the opportunity to apply for participation in the Phase II Advanced Executive Entrepreneur Program™. Based on a detailed application and formal screening process we have developed, a minimum of 10 candidates will be offered the opportunity to participate in Phase II Advanced Entrepreneur Program™. Fees for the Phase II program are $3,000 per participant company and a Step Up Program Equity Warrant Grant to GMU. The GMU MEC Entrepreneurial Step Up Program™ The Phase II program includes an advanced Executive Management Education Program with two class sessions per month. The curriculum includes an expanded review of senior entrepreneurial management skills and ‘toolkit’ through class lectures, case studies and participation of industry experts with guest lectures and roundtable discussions. Similar to the Phase I program, the Phase II program also includes an EEP Executive Mentor Program whereby each participant will meet individually one session per month with an assigned Executive Mentor. During the monthly session, emphasis will be on addressing specific company plans and issues, with particular emphasis on developing and tracking relevant Key Performance Indicators (“KPIs) for the participant’s company. The EEP Executive Mentors role will be to establish and maintain a consultative relationship with the Phase II participants. Similar to the Phase I Program, on a monthly basis the Step Up Program Director, EEP Instructor, and other selected Step Up Program committee staff will meet with all EEP Executive Mentors in the EEP Instructor/Mentor Review Session. Emphasis of these sessions is to review progress of the participants in meeting the specified KPI objectives as well as addressing significant company issues. The session will also provide feedback on potential Phase III Advisory Service opportunities among the participants. Upon completion of the Phase II program, follow on Phase III Step Up Program Advisory Services will be offered to all program participants. A Certificate will also be awarded upon successful program completion. Phase III : Step Up Program Advisory Services Follow on Step Up Program Advisory Services will be offered to all participants in the Phase II Advanced Entrepreneur Program™. Advisory Services will be customized to meet specific needs of participant companies. Fees for the Phase III Step Up Program Advisory Services are $3,000 per month which includes 12 hours consulting support per month. Terms include a one year agreement, cancelable anytime after 90 days on 30 days notice. The overall program schedule for all Step Up Program sessions planned for calendar year 2008 is shown below. 
The new GMU MEC Entrepreneurial Step Up Program™ has been developed to complement the current GMU MEC services offered to high growth firms as shown below. 
GMU MEC Step Up Program™ Complements the GMU MEC Services Offered to High Growth Firms |
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