Business plan competitions and funding forums are great for everyone. They compel the participating entrepreneurs to prepare a tighter business plan and an appealing pitch. They provide leads to potential investors and offer an opportunity to experience pitching to the wannabe entrepreneurs. Business plan competitions were a boon to me during my first startup and were the primary source of funding for me. We did get lucky in a few competitions and that had paid off heavily in those days.
Anatomy of a funding forum:
Selected entrepreneurs present their business plan and pitch their plans to VCs, seasoned entrepreneurs, etc., who then provide feedback on the plan. Such forums are super valuable to the entrepreneurs, as they not only provide funding and advice, but also give publicity and exposure to the entrepreneur and the startup.
TiE-Seattle is hosting the TiE-Wharton-Harvard funding forum in November. I’m planning to attend.
When: Tuesday, November 6th, 2007 6.00 PM – 9.00 PM
6:00 PM: Networking
6:45 PM: Dinner
7:30 PM: PitchFest
8:30 PM: Emerging Investment Trends Panel discussion
Bellevue Courtyard by Marriott 11010 NE 8th St
We have received some exciting business plans for this event and with some of the best VCs and entrepreneurs in the northwest on the panel, this event promises to be the best networking and learning experiences for this year. You will also get to hear the latest investment trends at this unique, once a year event. Seats are going fast for the TIE-Harvard-Wharton event: Funding Forum 2007 & Emerging Investment Trends on Nov 6, at the Bellevue Marriott Courtyard. Take advantage of the low prices before they go up on Oct 30th, and get plugged into this entrepreneurial ecosystem for the last time this year! Register Here
Raghav Kher, Founder, Seventymm.com
Andy Dale, Managing Partner, BDVLLC
Greg Gottesman, Managing Director, Madrona Venture Group
Mark Ashida, Managing Director, OVP
Naveen Jain, Founder & CEO, Intelius
Most likely to Succeed: $1,500 OVP cash prize + 1 hour with one of the OVP VCs + half-day TURNING STRATEGY INTO ACTION training workshop from www.ManagementPro.com.
Most Innovative: $1,500 Madrona Venture Group cash prize and 1 hour with one of the Madrona VCs plus 2 days of consulting services from CFO Selections.
Best Pitch: $1,000 cash plus $3,000 worth services from AXIOS Law Group (your choice on Provisional patent application OR Federal Trademark filing OR Company formation depending on your need).
Technorati tags: TiE , Funding Forum , business plan