Borealis Ventures Backs Speed Venture Summit™
Portsmouth, NH, August 14, 2009 --(PR.com)-- Borealis Ventures, the leading early stage venture capital investor in New England, has signed on to support the Speed Venture Summit™ 2009, according to today’s announcement from the NH High Technology Council and NH Small Business Development Center. SVS is the premier speed-dating-style event for fast-growth businesses and investors in New England, and will be held on Tuesday October 28, 2009, at the Crowne Plaza in Nashua, New Hampshire.
“Through our support of the inaugural Speed Venture Summit,” said Jesse Devitte, Managing Director and Co-Founder of Borealis Ventures, “we proved that a well-designed speed-pitching event is an exciting opportunity for investors to meet the next generation of great entrepreneurs and learn firsthand of their plans that will power the region’s innovation and job creation. We are very pleased to continue to support the Summit as it powers the capital formation efforts of the region’s top growth companies and prospects.”
“Borealis has made a major commitment for many years to help launch some of New England’s best young companies,” said Summit producer Tim Platt. “We are extremely proud that that they have chosen to back the Summit once again, when the need for growth capital is urgent for entrepreneurs and talented executives. With the support of Borealis Ventures and other key sponsors, the Speed Venture Summit has rapidly become the one event in New England that CEOs and CFOs of the region’s hottest companies must attend.”
At the October Summit, participating businesses will represent all sectors and development stages, from start-up to later-stage and will “speed pitch” to the region’s savviest and shrewdest investors, ranging from individuals and Angels to venture capital firms and private equity and mezzanine financers. Organizers expect that a total of approximately 50 companies will speed-pitch to 25 different investor groups in private 1:1 sessions throughout the afternoon.
The “speed-pitching” segment of the Summit will be held from 2:00 to 5:00pm, and will be followed by a two-hour business networking session open to the public that will provide an excellent opportunity for young companies to gain exposure and knowledge around seeking investment capital. The event will end with a pitch-off from among the day’s top companies.
For more information about the Summit, or to register for the networking segment, visit www.speedventuresummit.org
About the New Hampshire High Technology Council (NHHTC): The NHHTC’s purpose is to bring together representatives from the private and public sectors to establish and maintain financial, technical, management, legislative and educational support programs that encourage innovative research and technology-based industrial development in NH. www.nhhtc.org
About the NH Small Business Development Center (NH SBDC): The NH SBDC provides confidential business management consulting and educational programs to New Hampshire’s small businesses. NH SBDC is an outreach program of the UNH Whittemore School of Business & Economics, and a cooperative venture with the U.S. Small Business Administration, the State of New Hampshire (DRED), the University System of New Hampshire, and the private sector. For more info on the NH SBDC, visit www.nhsbdc.org.
About Borealis Ventures: Borealis Ventures is an early-stage venture capital firm with a focus on application software, digital media, and technology commercialization. Based in Hanover and Portsmouth, New Hampshire, Borealis partners with exceptional entrepreneurs to build great companies from the earliest stages, powering their portfolio companies to achieve global impact and rapid growth.
Contact:
Tim Platt
Producer, Speed Venture Summit™
603.410.1520
tcp@kinsmanco.com
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“Through our support of the inaugural Speed Venture Summit,” said Jesse Devitte, Managing Director and Co-Founder of Borealis Ventures, “we proved that a well-designed speed-pitching event is an exciting opportunity for investors to meet the next generation of great entrepreneurs and learn firsthand of their plans that will power the region’s innovation and job creation. We are very pleased to continue to support the Summit as it powers the capital formation efforts of the region’s top growth companies and prospects.”
“Borealis has made a major commitment for many years to help launch some of New England’s best young companies,” said Summit producer Tim Platt. “We are extremely proud that that they have chosen to back the Summit once again, when the need for growth capital is urgent for entrepreneurs and talented executives. With the support of Borealis Ventures and other key sponsors, the Speed Venture Summit has rapidly become the one event in New England that CEOs and CFOs of the region’s hottest companies must attend.”
At the October Summit, participating businesses will represent all sectors and development stages, from start-up to later-stage and will “speed pitch” to the region’s savviest and shrewdest investors, ranging from individuals and Angels to venture capital firms and private equity and mezzanine financers. Organizers expect that a total of approximately 50 companies will speed-pitch to 25 different investor groups in private 1:1 sessions throughout the afternoon.
The “speed-pitching” segment of the Summit will be held from 2:00 to 5:00pm, and will be followed by a two-hour business networking session open to the public that will provide an excellent opportunity for young companies to gain exposure and knowledge around seeking investment capital. The event will end with a pitch-off from among the day’s top companies.
For more information about the Summit, or to register for the networking segment, visit www.speedventuresummit.org
About the New Hampshire High Technology Council (NHHTC): The NHHTC’s purpose is to bring together representatives from the private and public sectors to establish and maintain financial, technical, management, legislative and educational support programs that encourage innovative research and technology-based industrial development in NH. www.nhhtc.org
About the NH Small Business Development Center (NH SBDC): The NH SBDC provides confidential business management consulting and educational programs to New Hampshire’s small businesses. NH SBDC is an outreach program of the UNH Whittemore School of Business & Economics, and a cooperative venture with the U.S. Small Business Administration, the State of New Hampshire (DRED), the University System of New Hampshire, and the private sector. For more info on the NH SBDC, visit www.nhsbdc.org.
About Borealis Ventures: Borealis Ventures is an early-stage venture capital firm with a focus on application software, digital media, and technology commercialization. Based in Hanover and Portsmouth, New Hampshire, Borealis partners with exceptional entrepreneurs to build great companies from the earliest stages, powering their portfolio companies to achieve global impact and rapid growth.
Contact:
Tim Platt
Producer, Speed Venture Summit™
603.410.1520
tcp@kinsmanco.com
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Contact
Speed Venture Summit
Tim Platt
603.410.1500
www.speedventuresummit.org
Tim Platt
603.410.1500
www.speedventuresummit.org
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