"Angels" Gathering Brings Front Range Millionaires Out of the Woodwork; VentureVest Capital Taps Into Rockies' Venture Club Event to Reach New Investing Force.DENVER--(BUSINESS WIRE)--Oct. 27, 1998--VentureVest Capital Corp. (VCC An electronics designation that refers to voltage from a power supply connected to the "collector" terminal of a bipolar transistor. In an NPN bipolar (BJT) transistor, it would be +Vcc, while in a PNP transistor, it would be -Vcc. ), a strategic consulting and venture capital assistance firm, has created a unique database of 20,000 "millionaires" in the Front Range, and invited them to meet for the first time at the Rockies Venture Club's Fifth Annual Financing Forum. "Ultimately, our goal in reaching out to these individuals is to grow Front Range business through angel investing opportunities," said Phil E. Ray, executive director of VCC. "The problem is that most of these people are unaware of the concept of angel investing and the opportunities that exist. We wanted to notify them of this quality event, and tie them into fantastic new investment opportunities. To my knowledge, a database of this nature is unprecedented in Colorado." The RVC's Fifth Annual Fall Financing Forum entitled, "How to Become a Successful Angel Investor An individual who invests his or her own money in a private company, which is typically a startup. An angel investor is not an employee or member of a bank, venture capital firm or other financial institution that normally makes such investments. ," is the premier annual event for the region's largest entrepreneur and financing organization. The event will be held from 3:00-9:00 p.m. on Wednesday, November 4, 1998, at the Adams Mark Hotel, located at 1550 Court Place in downtown Denver. Highlighting the event will be a speech from nationally recognized speaker and venture capital expert, Mark Long. Long's latest book, "Navigate Differently," offers innovative secrets to raising venture capital and was touted by Inc. Magazine as a must have. In addition to its new database of potential "angels" in Colorado, the VCC also has an established network of 7,500 angel investors nationwide, and plans to leverage these contacts to achieve unprecedented venture capital infusion Capital infusion Often refers to the cross-subsidization of divisions within a firm. When one division is not doing well, it might benefit from an infusion of new funds from the more successful divisions. into in Colorado. The VentureVest Capital Corporation (VCC) is dedicated to providing small and emerging companies with direct equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. through private placements, "angel" investments, public offerings, debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay , mergers and acquisitions and other creative financing Creative Financing is a term used widely amongst real estate investors to refer to non-traditional means of real estate financing, or financing techniques not commonly used. strategies. The VCC also operates in a consulting capacity for the benefit of its clients. The Rockies' Venture Club is a non-profit organization that supports entrepreneurship in Colorado and the Rocky Mountain Region The Rocky Mountain Region is a floristic region within the Holarctic Kingdom in western North America (Canada and the United States) delineated by Armen Takhtajan and Robert F. Thorne. . |
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