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UMFK to host MIT Satellite Broadcast

January 4, 2002



The University of Maine at Fort Kent Corporate Relations Office will host an MIT Enterprise Forum Satellite Broadcast on Thursday, January 24 at 7:00 p.m. in the Grindle Conference Room of Cyr Hall.


The presentation topic for the Thursday, January 24, 2002 MIT Enterprise Forum Satellite Broadcast will be New Ventures and Venture Capital: Dealing with the Current Environment. The panel will include successful entrepreneurs, educators and venture capitalists.

The agenda will include an opening overview by the moderator, brief introductory comments by each panelist, and interactive discussion with attendees and satellite-downlinked participants from across North America.

According to MIT Enterprise Forum CEO Edmund M. Dunn, "Even before the events of September 11th, the rules for entrepreneurs were changing. Today's economic and political realities pose a new set of problems for entrepreneurs."

The program moderator is Ken Morse, Managing Director of the MIT Entrepreneurship Center. Morse leads the MIT effort to train leaders to bring innovative concepts and technologies to market and build successful high-tech startup businesses. Based at the MIT Sloan School of Management, the Entrepreneurship Center has the mandate to teach entrepreneurship and to foster research and collaboration, Institute-wide.

Between 1982 and 1996, Morse held a number of strategic positions in a venture-backed startup, Aspen Technology, Inc., which commercialized process-modeling software originally developed at MIT.

From 1992 to 1996, he resided in Brussels as AspenTech's Managing Director for Europe, Middle East and Africa where he opened and managed new offices in France, Germany, Italy, Switzerland and South Africa, as well as integrating the European businesses acquired by AspenTech.

Morse's interest in international high-tech ventures began at MIT, where he graduated with a bachelor's degree in Political Science in 1968. Following graduation, as President of AIESEC-US and an International Advisory Committee officer for this global business student exchange program, he traveled widely on behalf of AIESEC before entering Harvard Business School. Morse received his MBA with honors in 1972 and joined Schroders, the U.K.-based merchant bank, where he worked directly for Jim Wolfensohn, now President of the World Bank.

Morse is a member of the Council on Foreign Relations, the World Affairs Council, the Cercle Royal Gaulois Artistique & Literaire (Brussels), and the Quissett Yacht Club. He is a member of the MIT Enterprise Forum, Inc. Advisory Board of Directors. Mass High Tech named Morse "High Tech All-Star" for his contribution to entrepreneurship education.

The members of the panel include Rock Gnatovich, president and COO of Spotfire, Inc.; Antoinette Schoar, assistant professor of finance at MIT's Sloan School of Management; and Alan Spoon, managing general partner in the Boston office of Polaris Ventures. Spoon brings over 20 years of operating executive and investment experience.

The broadcast is being made possible through the cooperation of the MIT Club of Maine and the Center for Entrepreneurship and Small Business of the University of Southern Maine. The MIT Enterprise Forum Satellite Broadcast Series includes three programs each year for entrepreneurs and investors.

The MIT Enterprise Forum is a non-profit organization dedicated to promoting and strengthening the way new companies get started, and to providing the information and understanding businesses need to grow and prosper.

For over twenty years, the MIT Enterprise Forum has been helping entrepreneurs start and grow successful technology-based businesses. Twenty-four Forum chapters around the world have implemented the case presentation methodology pioneered at MIT to create opportunities for entrepreneurs to present new business concepts to industry experts, venture capitalists, and technology leaders.

This satellite broadcast at UMFK is free and open to the public. Anyone interested in attending or learning more about this forum should contact Diane Nadeau-Saucier, UMFK's executive director for corporate relations at 834-7800 or toll free at 1-888-TRY-UMFK.