Q&A: Randal Charlton of TechTown, FastTrac

Metromode sits down with TechTown Executive Director Randal Charlton to discuss entrepreneurs, FastTrac, and what TechTown has to offer.

Excerpt from Metromode:

How does TechTown also help instill this sort of mindset into new investors who aren't used to the sometimes volatile world of investing in start-ups?

We have set up a First Step Fund which invests up to $50,000 at a time into our early stage companies. The rules of investment are much less rigorous than from other sources such as angel investors or venture capital companies or banks. The funds are made in the form of an unsecured loan which is interest-free for two years.

If you could ensure that those who attend this event leave with at least one idea or mindset, what would that be?

That even small steps count. As long as the day makes you think about how you can take charge of your future and it empowers you to recognize that you have more options than you might think, then the day will be a success. If you end up setting up a successful company, then it will be a smash hit success.


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