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Entrepreneurs focus of 13-week SMTEC boot camp

Posted on Thursday, February 7, 2013 at 4:42 am

Entrepreneurs are the focus of a 13-week boot camp being planned for a May start by Southern Middle Tennessee Entrepreneur Centers.

Jim Neale, a member of the Fayetteville/Lincoln County Industrial Department Board and also involved in the SMTEC initiative, has kept local officials informed since the effort got underway in 2011.

“We are looking for people interested in forming a small business – people who want to be entrepreneurs but who need some training in areas such as managing a company or financing,” he said during a recent IDB meeting, explaining that as part of the effort, SMTEC is planning a March class here, followed by a 13-week boot camp that’ll begin in May and continue into August.

“Persons selected for this program will be mentored for a long time,” he continued. “It’s an excellent opportunity for people with innovative concepts or new start-ups.”

SMTEC is one of nine regional business accelerators established by Tennessee Gov. Bill Haslam in 2011. The accelerators provide mentoring, education and training, strategic and technical support, and assistance with identifying sources of capital for Tennessee’s entrepreneurial community.

Persons interested in learning more about the program can contact Neale or Elaine Middleton, IDB executive director, through the IDB here at (931) 433-0606 or visit www.smtec.com.

In other business during IDB’s January meeting, officials accepted a $9,800 bid as the “best value bid” for placement of 70 giant evergreens between Runway Centre and Plada Heights. The evergreens will act as a buffer zone between the area being developed and the subdivision.

The winning bid, submitted by Love Farms and Nursery out of McMinnville, was one of four submitted, but only two of those carried a year warranty on the trees – Love Farms was the low bid of those two, with the other being a $12,600 bid from Sanders and Fogg out of Meridianville, Ala.

The board also accepted proposals to conduct wetland delineation studies on the Douglas/Posey Industrial Park on the Winchester Highway and Runway Centre on the Huntsville Highway. The costs of those studies are $2,900 and $3,200, respectively. The studies are part of the Tennessee’s site certification process which identifies build-ready sites to industries considering locating within the state.

Additionally, the board voted to accept its audit, conducted by David Kidd, CPA, and review marketing material being developed for targeting automotive and defense prospects.