This is a quick way to show off your deal to the local venture community, gauge investor interest, and develop a great presentation. Accelerate your fundraising activities through a process of education and targeted networking with venture capitalists, angels and venture professionals. The forum is designed to highlight new businesses and help create deal flow for the investor.
Are You Ready? WHO SHOULD APPLY
In general, companies should be looking for start up, angel or seed capital. There is no industry preference.
What You Get: THE VALUE PROPOSITION
Where can you showcase your deal to an audience of VCs, angels, and other venture professionals on a quarterly basis that will give you valuable feedback, help you network and thereby give you a genuine fundraising opportunity? Thanks to MWCN the Wayne Brown Institute’s process of fundraising is now accessible to your venture six times a year through MoutainWest luncheons.
Timing: SUBMISSION OPPORTUNITIES
April
• Submission Deadline: April 1, 2005
• Selection/Feedback Presentation Date: April 8, 2005.
• Luncheon Presentation Date: April 21, 2005.
June
• Submission Deadline: June 1, 2005
• Selection/Feedback Presentation Date: June 8, 2005.
• Luncheon Presentation Date: June 16, 2005.
September
• Submission Deadline: September 1, 2005
• Selection/Feedback Presentation Date: September 8, 2005.
• Luncheon Presentation Date: September 15, 2005.
November
• Submission Deadline: November 1, 2005
• Selection/Feedback Presentation Date: November 8, 2005.
• Luncheon Presentation Date: November 17, 2005.
December
• Submission Deadline: December 1, 2005
• Selection/Feedback Presentation Date: December 8, 2005.
• Luncheon Presentation Date: December 15, 2005.
Submission Requirements: AN EXPANDED EXECUTIVE SUMMARY OR BUSINESS PLAN IS ALL YOU NEED
• Register on-line at www.MWCN.org or www.venturecapital.org.
• Submit a business plan.
• Submit a one-page fact sheet (sample).
The Bargain: FEES FOR PARTICIPATING
• Submission fee - $195. All companies receive a Venture Ready® Report and an opportunity to be critiqued by a panel of venture professionals.
The Partnership: GROWING MORE INVESTOR QUALITY BUSINESSES IN UTAH
Combine MWCN members’ expertise and contacts, with WBI's proven ability polish and scrub and you have a process to build businesses:
1. WBI will screen, evaluate and monitor your deal.
2. Venture Professionals from MWCN will select and mentor your deal.
3. MWCN’s monthly luncheon will be your venue to present your investment opportunity.
4. The local investment community, along with venture professionals from MWCN, will be on hand to critique, network, and assist your deal.
How It Works: ACCESSING THE UTAH NETWORK WITH ACCESS TO CAPITAL
1. All submitting companies present to a panel of venture professionals and receive feedback. The company deemed most interesting will be selected to present.
2. All submitting companies are provided a Venture Ready® Report that analyzes the strengths and weaknesses of their deal from an investor’s point of view.
3. All submitting companies will automatically be considered, if they wish, for the next WBI Investors Choice® Conference.
4. The presenting company will be mentored by venture professionals in developing an 8-minute presentation, designed to attract investor interest.
5. The presenting company presents to venture capitalists, angels, and a room full of venture professionals that are key network members.
6. The presenting company will be provided with written comments from the audience.
7. The presenting company’s information will be available on the MWCN website, and a one-page fact sheet will be distributed to all in attendance.
Luncheon Agenda: WHAT HAPPENS THE DAY OF THE SHOW
1. Make an 8 minute presentation
2. Venture audience members can, if they want to, take as a group no more than 5 minutes to ask questions of clarification, or comment on the deal.
3. All members of the audience (who want to) fill out a special comment card on the company and drop it in a box on their way out.
4. Company can have a demonstration table at the luncheon
5. All luncheon members and guests will be given a one-page fact sheet about the presenting company.
To be considered or if you have more questions please contact bbertoch@venturecapital.org or devin@thorpecap.com, or go to www.mwvg.org or www.venturecapital.org.