September 1, 2006

Business Week: How to Score Funding Without VCs

I just read an article in Business Week that I thought is very relevant to our entrepreneur network:  How to Score Funding Without VCs.  The reason that I like the article so much is because it completely relates with the podcast series that Bill Payne and I are producing on the Capital Food Chain.

When seeking early-stage financing, there are many creative ways to obtain capital.  Some of which might include:

  1. Personal savings
  2. Credit cards
  3. Beg & borrow
  4. Loans
  5. Customers
  6. Consulting

Keep up the hard work and sacrifice.  Isn’t life great as an entrepreneur?!  :)

Utah Speedpitching Event a Success!

Congratulations to each of the new ventures that pitched at Tuesday’s Speedpitching Luncheon. Here is a list of the presenters (in no particular order):

  1. PowerCODE
  2. Simplifile
  3. 10Speed Media
  4. Seatability
  5. Sonic Retail
  6. Central Logic
  7. Phytobase Nutritionals
  8. Women Celebrating Life
  9. Pachira Institute
  10. Wherever Media

We also had a good group of angel investors in attendance. The following investment groups were represented:

  1. UTFC
  2. vSpring Capital
  3. Olympus Angels
  4. Grow Utah Ventures
  5. Utah Angels
  6. Life Science Angels
  7. University Venture Fund
  8. Thorpe Capital
  9. And many more solo angels…

Here are a few pictures of the event (wow… those pictures are small!):

Speedpitching Event

Speedpitching Event 2

Speedpitching Event 3

Finally, thanks to our sponsors — without them, the event would not have happened!

  1. Stoel Rives
  2. Wilson Sonsoni Goodrich & Rosati
  3. Diversified Insurance
  4. SOS Technical Staffing
  5. Express Personnel