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Mercedes-Benz Financial's Continued Support for the Entrepreneurs' Organization and New Entrepreneurs Kicks Off 2007 Schedule this Week in Los Angeles


January 2007
 Filed under: MERCEDES Car News | MERCEDES Headlines

* Two organizations with a tradition of entrepreneurial support reach out to small businesses to ensure innovation, economic growth and job creation
* Accelerator Program's quarterly seminar modules focus on developing People, Funding Sources, Sales & Revenue and Strategy
* Following the Los Angeles kickoff, the Accelerator Program will launch this year in EO chapters St. Louis, Dallas, Boston and New York

FARMINGTON HILLS, Mich., Jan. 30 /PRNewswire/ -- Mercedes-Benz Financial and the Entrepreneurs' Organization (EO) continue to help support young entrepreneurs in the early stages of their start-up businesses beginning this week in Los Angeles and continuing in other United States cities in 2007.

The 2007 schedule of the Accelerator Program for first-stage entrepreneurs kicks off tonight with reception followed by a one-day seminar Wednesday at the W Hotel in Westwood for first-stage entrepreneurs from Southern California.
"We are very excited about the opportunity to help EO mentor new entrepreneurs through the important early stages of their start-up ventures," said Juergen Rochert, Vice President of Mercedes-Benz Financial. "These innovative business people will create jobs and stimulate economic development in their communities throughout North America."

Following the Los Angeles kickoff, the Accelerator Program's quarterly seminars will launch in St. Louis, Feb. 8-9; Dallas, April 17-18, Boston in April and New York in May.

"The Accelerator Program was developed by entrepreneurs, for entrepreneurs, to help them survive and grow in the crucial start-up phase of their businesses," said Dan Glisky, President and founder of Compsat, an information storage technology firm in Southfield Mich., and EO Global Chair of Accelerator Program. "This is a way to reach out to support budding entrepreneurs during those early years of a start-up business. We've found that an entrepreneur alone is an entrepreneur at risk. This program minimizes that risk through education and support."

In late 2006, 75 owners of new start-up businesses enrolled in the quarterly Accelerator Program offered in EO chapters in Detroit, New Orleans, Charlotte, Vancouver and Minneapolis/St. Paul.

About Mercedes-Benz Financial

Mercedes-Benz Financial provides financing for Mercedes-Benz dealers' inventories and their retail customers. Currently, 380,000 drivers in the United States enjoy the benefits of leasing or financing their Mercedes-Benz vehicles through Mercedes-Benz Financial, which is part of DaimlerChrysler Financial Services Americas LLC' s group of companies that operate in the United States, Canada, Mexico, Puerto Rico and parts of South America with approximately 5,600 people. DaimlerChrysler Financial Services Americas is part of the DaimlerChrysler Financial Services Group, headquartered in Berlin, Germany, which operates in over 40 countries and has an employee base exceeding 11,000 and a global portfolio of approximately $144 billion. DaimlerChrysler Financial Services Group is one of the leading financial services enterprises worldwide. For more information visit www.MercedesBenzFinancial.com

About the Entrepreneurs' Organization (EO)

The Entrepreneurs' Organization (EO) -- for entrepreneurs only -- is a global community that enriches members' lives through direct peer-to-peer learning, connections to experts and once-in-a-lifetime experiences. EO is the catalyst that enables entrepreneurs to learn from each other, leading to greater business success and stronger communities. EO is comprised of more than 6,400 members in more than 40 countries, with an average member age of 38 and average annual revenue of $13 million. The organization is committed to building the world's most influential community of entrepreneurs. For more information, or to apply for membership, visit www.eonetwork.org or call (703) 519-6700. For more information on the Accelerator Program visit: www.accelerator.eonetwork.org

Source: Mercedes-Benz Financial

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