Four years ago, Jim Brannen, Dr. Ray Benedetto and Austin Dempsey wanted to help struggling local businesses. They identified three key elements to success – financial capital, knowledge and human resources. However, they learned business owners could not find these elements in one place. Putting their heads together, they came up with an answer and founded The Fox Valley Entrepreneurship Center (FVEC). Together with the board of directors and advisors, local entrepreneurs are able to create sustainable businesses and jobs – something we can all be proud of.
The goal of the Fox Valley Entrepreneurship Center (FVEC) is to provide critical support to local companies to help them create jobs, expand their business and grow revenue. They foster an environment in which businesses strive for excellence and innovation is nourished. This is accomplished through training and advising the business owner, providing strategic introductions and engaging in growth planning throughout the business. As a non-profit, the center supports these programs through private donations and grants. The FVEC was formed as a 501(c)3 in 2011.