Mercedes-Benz Financial's Continued Support for the Entrepreneurs' Organization (EO)

Mercedes-Benz Financial's Continued Support for the Entrepreneurs' Organization (EO) and New Entrepreneurs Kicks Off 2007 Schedule this Week in Los Angeles
Tuesday January 30, 5:00 am ET

* 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.