2005 SDSIC Investment Conference Creates Dynamic Forum for Software Companies to Find Venture Capital; Companies Seeking $500,000 to $5 Million in Funding Encouraged to Apply by August 15.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- For the 11th consecutive year, the San Diego Software Industry Council will present its Software Investment Conference at the La Jolla La Jolla (lə hoi`yə), on the Pacific Ocean, S Calif., an uninc. district within the confines of San Diego; founded 1869. The beautiful ocean beaches, in particular La Jolla shores and Black's Beach, and sea-washed caves attract visitors and Marriott on October 20, 2005 from 7 a.m. to 12:30 p.m. The conference will showcase the most innovative software companies in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, and host dozens of top national and local venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] , serious angels and corporate investors. Mitch Lasky, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of JAMDAT Mobile, Inc., will give the keynote address keynote address n. An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech. Noun 1. . Revenue generating software companies seeking $500,000 to $5 million can apply for a chance to "pitch" their business plan to the conference audience of about 50 investors and hundreds of software industry opinion leaders. Companies can represent a wide variety of technologies including infrastructure, wireless, Internet and embedded software Instructions that permanently reside in a ROM or flash memory chip. Embedded software may be immediately available to the CPU or, for faster execution, may be transferred to RAM first and then executed. . "The technical innovation and intellectual property in our region offers significant business opportunities. New software solutions that solve existing and future market needs are consistently created here," said Investment Conference Event Chair Niki Krutop, partner, Ernst & Young. "The SDSIC SDSIC San Diego Software Industry Council Investment Conference will highlight software companies that have the talent, management and market-proven solutions that investors look for." Software companies interested in presenting at the conference must submit an application to SDSIC by August 15. Applications can be accessed online at http://www.sdsic.org/whats-hot.htm. Approximately 15 software companies will be selected to give an eight to 10 minute presentation to an audience of local, regional and national venture capitalists. Selected applicants will attend a free presentation training and dry-run designed to help them develop a winning investment pitch. Participants will view a successful presentation, hear from three investors on what they are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. in a company, and get tips from a professional coach on how to deliver a dynamic presentation. Finalists will present their business plan at the conference and will be invited to attend a private dinner the night before where they can network with the investors and business leaders. Historically, about 30 percent of the presenting software companies received funding as a result of participating in the conference. In 2004, Case Revolution, a San Diego-based on-demand application service, received funding as a result of the conference. Other examples include Streamload, WiredRed and Drivecam, which just closed $18 million. This year, conference organizers are confident that a healthy percentage of presenting companies will land funding. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a recent Associated Press report, venture capitalists raised $6.1 billion for future investments during the second quarter of this year, continuing a recent upswing that reflects the industry's renewed appetite for taking risks. The amount of money flowing into venture capital funds Venture Capital Funds An investment fund that manages money from investors seeking private equity stakes in small and medium-size enterprises with strong growth potential. Notes: is on pace to increase for the third consecutive year, rebounding from a 2002 low of $3.8 billion -- a painful contraction that followed the sobering losses from the dot-com crash. Lead sponsors for the conference include Ernst & Young, Heller Ehrman, San Diego Economic Development Corporation and Luce Forward. Contributing sponsors include PricewaterhouseCoopers, Qualcomm and Clearpoint Agency, and associate sponsor, Morrison & Foerster. About the San Diego Software Industry Council (SDSIC) Formed in 1994, the San Diego Software Industry Council's goal is to foster and support the entrepreneurial spirit within the software and IT industry in San Diego by providing an organized forum for the exchange of ideas, sharing of resources, and promotion of industry goals. The Council organizes events, presentations, roundtables, special interest groups and networking events to create and maintain a link between the software industry, business community, educational institutions and local government. For more information call 858-793-6655. On the Net: www.sdsic.org. |
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