Early-stage, high-tech companies had the opportunity to network with angel investors and venture capitalists, along with other business professionals who can offer resources and advice on how to take their companies to the next level at the 2012 Venture Forum presented by a SmartStart/UNYTECH and Bright Buffalo Niagara partnership. Angel investors are enthusiastically encouraging emerging businesses on the cusp of industry advancements. Because many early-stage companies are high-risk, gaining the financial capital necessary to compete and grow is not always an easy task to accomplish.
As angel investors and venture capitalists invest their money, time, and talents in companies that have the most potential to succeed and grow, entrepreneurs can take comfort in knowing that there are people who believe in the business they have started and where it can ultimately go. With high-return-on-investment expectations, investors had the opportunity to see 32 unique presentations that introduced them to great business opportunities that can help enhance their portfolios.
With a keynote address from Victor Thorne, the director of the Ohio TechAngel Funds entitled “Building an Innovation-based Entrepreneurial Ecosystem,” start-ups and angel investors received insight about how the Ohio TechAngels work.
Presentations included multiple 10-minute pitches, and 1-minute pitches as well, highlighting each company’s specialty, market research, potential for growth, and investment opportunities. Awards were give to the companies with the most potential to be funded, for the best presentation, and for the most promising technology. Overall, it was a great turnout.
For more information about investment resources in the region, visit Western New York Venture Association.