Print

Print


FYI
******************************************************************************
 Paul M.A. Baker, AICP - Research Fellow
 The Institute of Public Policy, MSN 3C6
 George Mason University
 Fairfax, VA 22030-4444
 703.993.2271 (V) 703.993.2284  email: <[log in to unmask]>
 http://ralph.gmu.edu/~pbaker
******************************************************************************

>
>**********************************************************************
>
>Yesterday, the Potomac KnowledgeWay Project and MCI issued a press 
>release (see below) announcing MCI's support of the Project's Net 
>Entrepreneurs Program.  As a subscriber, we thought you might be 
>interested in this news.  Inquiries regarding this announcement can 
>be forwarded to [log in to unmask]
>
>**********************************************************************
>
>
>MCI Puts Net Entrepreneurs on the Potomac KnowledgeWay
>
>Reston, VA, August 8, 1996 -- MCI announced yesterday that it has joined
>forces with the Potomac KnowledgeWay Project of Reston, Virginia, to
>catapult a new kind of entrepreneur to the forefront of the global
>economy: the "net entrepreneur." The Potomac KnowledgeWay Project, a
>nonprofit organization, was created to help the greater Washington
>region seize the economic, educational and social opportunities of the
>communications revolution and become the global center of the
>knowledge industry.
>
>MCI and the Potomac KnowledgeWay Project are committed to devising a
>support system to help net entrepreneurs in the greater Washington
>region bring net-centric products and services to market faster. The
>centerpiece of this support system will be a new Web site to be
>developed, designed and hosted by MCI.
>
>"MCI knows first hand the innovation and economic opportunities
>created by fostering the entrepreneurial spirit," said Nate Davis, MCI
>Senior Vice President, Local Markets. "It is this spirit that
>continues to drive growth in new markets, and that is so vital to this
>region's economy. We are particularly excited about this program
>because it is focused on helping net entrepreneurs in MCI's hometown
>region."
>
>"MCI's commitment to the Project makes a bold statement about the
>vibrancy of the entrepreneurial community in the area," said Mario
>Morino, chairman of the Potomac KnowledgeWay Project, and founder and
>former CEO of Legent Corporation. "The growing base of Internet and
>online services, Web-development shops and content providers is making
>this region a new and exciting hotbed of entrepreneurial activity.
>It's now official: the term 'greater Washington entrepreneur' is no
>longer an oxymoron."
>
>MCI and the Potomac KnowledgeWay Project will spend the next few
>months finalizing the details of the net entrepreneurs program, and
>they plan to roll it out by the end of 1996. The program will be
>designed to turn the region's net-centric entrepreneurial movement
>into an economic force in the global economy and to serve as a model
>that can be duplicated in other emerging high-tech centers.
>
>MCI, headquartered in Washington, D.C., is one of the world's largest
>and fastest growing diversified communications companies. With annual
>revenue of more than $15 billion, MCI offers consumers and businesses
>a broad portfolio of services including long distance, wireless,
>local, paging, Internet software and access, information services,
>outsourcing, business software, advanced global telecommunications
>services and music distribution and merchandising.
>
>The Potomac KnowledgeWay Project has quickly emerged as a powerful and
>positive force in Maryland, Virginia and the District of Columbia. In
>addition to net entrepreneurship, the organization is focused on three
>other primary initiatives: increasing awareness of what the
>communications revolution means to individuals, businesses and
>institutions in the greater Washington region; promoting a net-savvy
>workforce; and advancing a regional information infrastructure that
>will improve connectedness throughout the region.
>
># # #
>
>
>