SB Informer
Wednesday, August 9, 2006; 03:19 AM
The Network of Business Angels and Investors (NBA&I) will join
forces with The Minority Business Enterprise Center (MBEC) for the
second year in a row to bring emerging growth companies together with
Private Equity Investors at the "Do The Deal" Venture Forum on August
16, 2006. At least 8 companies from around the Southeast have qualified
to present to the investing audience. Private Investors, Angel Funds,
Venture Capital Firms, Wealth Managers, and Investment Bankers
representing over $50 Million in investment capital will be in
attendance. There are still seats available for qualified investors to
attend.
Selected qualified companies representing technology, software, life
science, financial, services and consumer products industries will
present their investment opportunity to motivated investors. Some
companies will be seeking first round financing and others will be
seeking their Round B financing after previously receiving as much as
$9M from private investors. The event will follow a Venture Forum
format with an 8 minute presentation followed by a brief
question-and-answer period. Investors will be provided with an Investor
Profile for each presenting company and will be offered an opportunity
to attend a more in depth Q&A session. The Do the Deal event will
be followed by a private reception for the investors to get to know the
presenting entrepreneurs better.
Presenting companies will either come from the business development
efforts of the Minority Business Enterprise Center or will have
completed an application approval process through NBA&I's strategic
partner, LAUNCH Funding Network. This opportunity is unique and
historic because it provides a specific showcase for Minority Owned
companies. The event is strategically planned to occur during the
Southeastern Minority Enterprise Development Week (MED Week). Earlier
in the day, over 100 minority owned companies will participate in the
Financial Round Table Forum which will offer two panel discussions for
the education and enrichment of the minority entrepreneurs in
attendance. A Lenders' Panel will have representation from GA Small
Business Capital, BB&T, Stonehedge Capital, Allied Financial, and
Buckhead Community Bank. The Private Equity Panel will have
representation from Public Financial Services, Adams Capital, Jackson
Capital, Georgia Tech, and Noro-Moseley Partners. During the Financial
Round Table Forum, the MBEC will also give away the annual recognition
for Minority Business Enterprises and Advocates.
NBA&I, MBEC and the Atlanta Urban League have joined forces to
launch the Entrepreneur Network and the Progressive Investor Network.
Without motivated and committed socio-economic investors who want to
provide capital and experience to help small companies grow and thrive,
we won’t have our next generation of companies to create jobs and
provide assets for lenders to lend against and equity funds to
facilitate merger and acquisitions with. Without programs and resources
to develop companies so that they have the proper infrastructure and
plans to scale their businesses, investors won’t have a comfort level
that they will make a return on their investment. These three
organizations have combined forces to bridge the capital divide by
developing companies that have the potential to thrive and by creating
an environment that experienced and new investors can collaborate,
learn and prosper. The Kick Off event will be on September 13th, 2006.
LAUNCHfn (LAUNCH Funding Network, Inc.)(http://www.launchfn.com)
connects qualified companies (new and established) with motivated
sources of funds to accelerate their growth. The firm has developed an
extensive network of funding sources representing Billions in funding
capacity. Together with its event partner NBA&I (http://www.nbai.net),
a 12-year old Angel Investor Membership organization whose members have
invested over $23 Million in 53 companies, LAUNCHfn hosted 10 Private
Equity Events in 2005 which more than 120 members of their financial
community attended. Those members provide five companies with nearly $2
million in funding and have invested close to $300K in one company so
far this year.
The Georgia Statewide Minority Business Enterprise Center is funded
by the U.S. Department of Commerce's Minority Business Development
Agency and operated by Georgia Tech's Enterprise Innovation Institute.
Its Mission is to provide business and technical assistance that helps
emerging and existing minority businesses experience significant growth
and sustainability and have a long-term economic impact through the
creation of jobs and revenue.