TCVN Forum Presents “Survivor Meets the Investment Community” Entrepreneurs Compete for Prizes in Investment Forum
Irvine, CA, September 12, 2008 --(PR.com)-- Tech Coast Venture Network (TCVN) announced today that every entrepreneur and company in attendance at its September 25th Forum at the Conference Center of Knobbe Martens Olson & Bear LLP in Irvine will have the opportunity to make a 30-second pitch to a panel of venture capitalists and angel investors and compete for serious investor attention and valuable prizes.
10 companies will be invited back as “sub-finalists” to return to the podium to make a three minute pitch. From the 10 sub-finalists, three will be invited back as “finalists” to again return to the podium for an additional 10 minute question and answer period. At the end of the evening, the panel will select the company they consider to be the best investment opportunity – The Survivor.
Bart Greenberg, TCVN Chairman and partner at Manatt, Phelps & Phillips LLP, notes that the winners of TCVN’s first three Survivor programs have an excellent track record in funding, noting that each of the winners of Survivor 1 and 2 have been funded to date, and two of Survivor 3’s finalists have either been funded or have a term sheet for funding.
Survivor Forum investor panelists include: Robert Aholt, Pasadena Angels; Stephen A. Block, Tech Coast Angels and Venture Farm; Bob Holmen, partner, Miramar Venture Partners; George Kenney, managing director, Shepherd Ventures; and Matt Ridenour, managing director, Momentum Venture Management. The Forum moderator is Bart Greenberg.
TCVN’s Survivor program is unique in that finalists are competing for prizes, primarily services contributed by local, value-added service providers, each of the type that is useful to any early stage company. Greenberg notes that many of these are the types of services for which the finalists would otherwise have to pay for in cash, thereby reducing their cash burn and extending their runway.
First Place prizes, currently valued at nearly $70,000, to be awarded include:
• A valuation report from Strategic Equity Group – a $15,000 value
• 80 hours of IT services from Prelude Systems, Inc. – a $6,000 value
• Use for five users for one year of Kyliptix Solutions, Inc.'s web-based software solutions - a $5,500 value
• $5,000 in legal work from Manatt, Phelps & Phillips LLP
• $5,000 worth of a business review by Momentum Venture Management, LLC, including evaluation for a funding opportunity
• $5,000 in patent prosecution services from Knobbe, Martens, Olson & Bear, LLP
• A customized risk management program and discount on insurance placement for first year by TechRiskPro & Edgewood Partners Insurance Center (EPIC) – up to a $5,000 value
• Three pages of collateral materials and press releases from VerbFactory - a $4,500 value
• $2,500 worth of accounting and tax services from Hall & Company.
• $2,500 in public relations consulting services from Daly-Swartz PR
• Free pass to Venture Farm Institute Execution to Funding Workshop – a $2,000 value
• Free customized Employee Handbook or Employment Forms by MMC, Inc. – a $2,000 value
• $2,000 worth of custom logo design services by PowerPlay
• One free annual membership at each of Technology Council of Southern California, TCVN, OCTANe, TechBiz Connection and Los Angeles Venture Association
• Free review of Business Plan, Executive Summary and Power Point pitch deck from Persuasive Business Plans- a $1,200 value
• $1,000 in professional copywriting services from Tengo Communications
• A year of RelevantYellow local search marketing optimization service from Relevant Ads – a $759 value
• A pass to present to each of Tech Coast Angels, Pasadena Angels and the Silicon Valley chapter of The Venture Capital ~ Angel Roundtable - Priceless
• $1,000 Cash and Podcast interview on The Frank Peters Show - Priceless
• One free ergonomic evaluation by Elysian Integrated Health Solutions – a $450 value
• Participation in OCTANe’s LaunchPad acceleration program – Priceless
There will be 14 second place prizes, currently valued at just over $32,000, and 11 third place prizes, currently valued at nearly $20,000, as well. TCVN is still soliciting cash and prizes. Please contact Bart Greenberg at bgreenberg@manatt.com for details.
Admission for the TCVN Forum is $65 for registration through September 24, and $75 at the door. For further information, contact Tech Coast Venture Network via e-mail at execdirector@tcvn.org or on the Web at http://www.tcvn.org.
TCVN Platinum Sponsors include The Bloomfield Group (http://www.bloomfieldgroup.com), Daly-Swartz PR (http://www.dsprel.com); Hall & Company (http://www.hallcpas.com), Jackson DeMarco Tidus Peckenpaugh (http://www.jdtplaw.com); Knobbe Martens Olson & Bear, LLP (http://www.kmob.com); and Manatt, Phelps & Phillips, LLP (http://www.manatt.com).
TCVN is a not-for-profit corporation dedicated to assisting, educating and connecting entrepreneurs and emerging companies with capital and resources. TCVN has been directly or indirectly responsible for the establishment and growth of a significant number of early-stage businesses.
###
Contact:
Daly-Swartz PR for TCVN
Jeffrey Swartz, 949-470-0075
jeffreyswartz@dsprel.com
10 companies will be invited back as “sub-finalists” to return to the podium to make a three minute pitch. From the 10 sub-finalists, three will be invited back as “finalists” to again return to the podium for an additional 10 minute question and answer period. At the end of the evening, the panel will select the company they consider to be the best investment opportunity – The Survivor.
Bart Greenberg, TCVN Chairman and partner at Manatt, Phelps & Phillips LLP, notes that the winners of TCVN’s first three Survivor programs have an excellent track record in funding, noting that each of the winners of Survivor 1 and 2 have been funded to date, and two of Survivor 3’s finalists have either been funded or have a term sheet for funding.
Survivor Forum investor panelists include: Robert Aholt, Pasadena Angels; Stephen A. Block, Tech Coast Angels and Venture Farm; Bob Holmen, partner, Miramar Venture Partners; George Kenney, managing director, Shepherd Ventures; and Matt Ridenour, managing director, Momentum Venture Management. The Forum moderator is Bart Greenberg.
TCVN’s Survivor program is unique in that finalists are competing for prizes, primarily services contributed by local, value-added service providers, each of the type that is useful to any early stage company. Greenberg notes that many of these are the types of services for which the finalists would otherwise have to pay for in cash, thereby reducing their cash burn and extending their runway.
First Place prizes, currently valued at nearly $70,000, to be awarded include:
• A valuation report from Strategic Equity Group – a $15,000 value
• 80 hours of IT services from Prelude Systems, Inc. – a $6,000 value
• Use for five users for one year of Kyliptix Solutions, Inc.'s web-based software solutions - a $5,500 value
• $5,000 in legal work from Manatt, Phelps & Phillips LLP
• $5,000 worth of a business review by Momentum Venture Management, LLC, including evaluation for a funding opportunity
• $5,000 in patent prosecution services from Knobbe, Martens, Olson & Bear, LLP
• A customized risk management program and discount on insurance placement for first year by TechRiskPro & Edgewood Partners Insurance Center (EPIC) – up to a $5,000 value
• Three pages of collateral materials and press releases from VerbFactory - a $4,500 value
• $2,500 worth of accounting and tax services from Hall & Company.
• $2,500 in public relations consulting services from Daly-Swartz PR
• Free pass to Venture Farm Institute Execution to Funding Workshop – a $2,000 value
• Free customized Employee Handbook or Employment Forms by MMC, Inc. – a $2,000 value
• $2,000 worth of custom logo design services by PowerPlay
• One free annual membership at each of Technology Council of Southern California, TCVN, OCTANe, TechBiz Connection and Los Angeles Venture Association
• Free review of Business Plan, Executive Summary and Power Point pitch deck from Persuasive Business Plans- a $1,200 value
• $1,000 in professional copywriting services from Tengo Communications
• A year of RelevantYellow local search marketing optimization service from Relevant Ads – a $759 value
• A pass to present to each of Tech Coast Angels, Pasadena Angels and the Silicon Valley chapter of The Venture Capital ~ Angel Roundtable - Priceless
• $1,000 Cash and Podcast interview on The Frank Peters Show - Priceless
• One free ergonomic evaluation by Elysian Integrated Health Solutions – a $450 value
• Participation in OCTANe’s LaunchPad acceleration program – Priceless
There will be 14 second place prizes, currently valued at just over $32,000, and 11 third place prizes, currently valued at nearly $20,000, as well. TCVN is still soliciting cash and prizes. Please contact Bart Greenberg at bgreenberg@manatt.com for details.
Admission for the TCVN Forum is $65 for registration through September 24, and $75 at the door. For further information, contact Tech Coast Venture Network via e-mail at execdirector@tcvn.org or on the Web at http://www.tcvn.org.
TCVN Platinum Sponsors include The Bloomfield Group (http://www.bloomfieldgroup.com), Daly-Swartz PR (http://www.dsprel.com); Hall & Company (http://www.hallcpas.com), Jackson DeMarco Tidus Peckenpaugh (http://www.jdtplaw.com); Knobbe Martens Olson & Bear, LLP (http://www.kmob.com); and Manatt, Phelps & Phillips, LLP (http://www.manatt.com).
TCVN is a not-for-profit corporation dedicated to assisting, educating and connecting entrepreneurs and emerging companies with capital and resources. TCVN has been directly or indirectly responsible for the establishment and growth of a significant number of early-stage businesses.
###
Contact:
Daly-Swartz PR for TCVN
Jeffrey Swartz, 949-470-0075
jeffreyswartz@dsprel.com
Contact
Tech Coast Venture Network
Jeffrey Swartz
949-470-0075
tcvn.org
Jeffrey Swartz
949-470-0075
tcvn.org
Contact
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