Virginia Growth Companies to Watch
Sponsor
Introduction
Virginia’s Growth Companies to Watch enables a large number of financing sources to meet on a face-to-face basis with dozens of pre-selected businesses seeking to establish financing relationships.
The event is part of Virginia Capital Conference, which includes ACG Richmond Capital Connection™ and Corporate Growth Conference and the Venture Forum’s Greater Richmond’s Companies to Watch events. ACG’s Corporate Capital Connection™ regularly attracts over 150 financing sources from outside the area and the combined events drew over 500 attendees last year.
Companies selected for Central Virginia’s Companies to Meet will be composed of businesses seeking to establish relationships with sources of:
- Commercial Debt
- Subordinated Debt
- Venture Capital
- Mergers & Acquisitions
- Turnarounds
- Private Equity
Businesses are selected by an independent Selection Committee. Other than a $100.00 refundable deposit, applicants are not charged fees to apply or to display.
The event will be held from 3:30 – 5:00 PM at the Jefferson Hotel on Wednesday, October 3, 2007. Up to 40 selected businesses will be behind tables enabling financing sources to meet and greet them in a trade show format.
Benefits to Selected Companies
There are many benefits to the selected companies, including:
- The opportunity to meet with financing sources from out of the area without incurring the costs to visit with them.
- The ability to meet multiple financing sources in a compressed period of time.
- The ability to meet face-to-face with financing sources and establish relationships without the need of a third party introduction.
- The opportunity to meet potential customers, strategic partners and management employees.
- The ability to present in a trade show format for no net cost. Similar venture fairs typically charge $700 or more for the opportunity.
Selection Process
The process to select the Virginia Growth Companies to Watch will be similar as that used for Greater Richmond’s Companies to Watch but the criteria is not as restrictive. A single application can be used to apply for both events, if applicable.
The selection process will be occur in three stages: call for nominations, review of applications and selection.
Call for Nominations
The call for nominations is intended to be as inclusive as possible. Sponsors are being encouraged to get their clients to apply. Media outlets will be publicizing the event. The Venture Forum is in the process of reaching out to similar business organizations from Virginia Beach to Roanoke and Blacksburg asking them to encourage their members to apply.
Companies may nominate themselves, other businesses or their clients. Service providers and financing sources will be contacted and encouraged to nominate their clients or contact them to encourage them to apply.
Applications, Interviews, Selection
The applications will be reviewed by the Selection Committee, an ad-hoc group of volunteers that will consist of individuals experienced in reviewing and analyzing businesses from multiple industries. Examples include venture capitalists, “angel” investors, business consultants, lenders and similar professionals. Note: there are no lawyers or accountants on the Selection Committee so to encourage referrals from these types of firms.
The Selection Committee will make its selections.
The companies selected for Virginia Growth Companies to Watch for exhibit space will know in advance of Virginia Capital Day of their selection. The companies selected for Greater Richmond’s Companies to Watch will not know until they are announced at the actual event.
http://www.vacapitalday.com/igreater-richmond-companies-to-watchi/apply/