June 29, 2010

FundingUniverse Event: Nobu Mutaguchi Wins the Angel Investor of the Year Award

Nobu Mutaguchi: Angel Investor of the Year

Nobu Mutaguchi: Angel Investor of the Year

FundingUniverse announced today that Nobu Mutaguchi, an early investor in Omniture and Allegiance, was named Utah’s Angel Investor of the Year. Mutaguchi was recognized for his leadership and track record of growing businesses in both Utah and his home country of Japan. Mutaguchi, however, has deep Utah roots and received his MBA from Brigham Young University in 1985 and has since been an entrepreneurial leader in the state. He has invested in over 25 Utah-based startups and emerging companies. His business philosophy centers around mentoring those entrepreneurs in whom he invests.

In addition to Angel Investor of the Year, Mentor of the Year was given to Boom Start-Up founders John Richards and Robb Kunz, both highly active entrepreneurs and investors in the community. Boom Start-Up is a mentor-focused program that facilitates entrepreneurship and local economic growth by pairing emerging technology companies with seasoned, successful entrepreneurs such as Kunz and Richards.

The Start-Up of the Year was awarded to OraBrush, a company that produced the industry’s first tongue-cleansing brush.  Started by Robert Wagstaff, PhD, the company developed a unique way to remove bacteria from the tongue that causes bad breath.

The award luncheon featured Michael E. Gerber, author of the mega-bestseller The E-Myth, who was recently touted as “The World’s #1 Small Business Guru,” by INC Magazine. Gerber discussed why entrepreneurs are the backbone of the economy and why they should look to transform the world, not just sell a product. “Go to work on your company, not in your company,” he told a room of investors and small business owners. “There is more to entrepreneurship than creating a successful venture. It’s not just about being busy every day, and it’s not about you, it’s about your God-given gift to create.”

“We are extremely proud to honor these distinguished investors and entrepreneurs,” said Brock Blake, CEO of FundingUniverse. “Our state has an unusual amount of talent which is clearly why Utah ranks among the top economies in the nation.”