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CED's 23rd Venture Conference Showcases Investment Opportunities; Venture 2006 Attracts Local and National Investors; Conference Highlights 27 NC-based Growth Companies.


PINEHURST, N.C. -- - The Council for Entrepreneurial Development (CED (Capacitance Electronic Disc) An earlier videodisc technology from RCA that was released in 1981 and abandoned five years later. Like phonograph records, the analog disc contained grooves that a stylus rode over. ) hosted its 23rd annual Venture conference Tuesday and Wednesday with approximately 700 people participating in total, including more than 225 investors. The two-day conference, held at Pinehurst Resort Pinehurst Resort is an historic upmarket golf resort at Pinehurst in the U.S. state of North Carolina. It has hosted a number of prestigious golf tournaments. History
Pinehurst was founded by Boston soda fountain magnate James Walker Tufts.
 in Pinehurst, North Carolina Pinehurst is a village in Moore County, North Carolina, United States. The population was 9,706 at the 2000 census. It is the location of the Pinehurst Resort, venue of the 1999 and 2005 U.S. , showcased North Carolina's top investment opportunities to hundreds of venture capitalists and financiers from throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

Venture 2006 included presentations by 27 of the state's most promising private companies. The conference also featured a panel discussion on "M&A and IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.  Strategies" and a keynote speech keynote speech
n.
See keynote address.

Noun 1. keynote speech - a speech setting forth the keynote
keynote address

keynote - the principal theme in a speech or literary work
 by inventor, author and entrepreneur Ray Kurzweil.

During his 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.
, entitled "Acceleration of Innovation in the 21st Century", Kurzweil commented on trends in technology evolution.

"Technology evolution is a dynamic and chaotic system," said Kurzweil. "Exponential progression of information technology is no longer limited to hardware and software but to every manifestation of information processes. Despite this, we are still able to predict with accuracy what technology and entrepreneurship will look like in 20 years."

Kurzweil also noted the importance that entrepreneurship plays in the progression of information technology.

"Entrepreneurship advances our boundaries," said Kurzweil. "We are a species that goes beyond our limits."

Linda Markus Daniels of Daniels Daniels & Verdonik, P.A. and co-chair of Venture 2006, said CED's Venture conference symbolized the growth and potential of venture financing in the region.

"We are excited to have the number and quality of companies presenting at this year's Venture 2006," said Daniels. "I am extremely encouraged by the early feedback about investments that may arise from the conference."

About Venture 2006: CED's 23rd annual Venture conference - Where Great Minds Meet Smart Money - was held May 2-3, 2006 at Pinehurst Resort in Pinehurst, NC. Last year's conference, Venture 2005, drew a crowd of more than 675 investors, service professionals, entrepreneurs and others involved in the entrepreneurial funding process from throughout the United States. www.cednc.org/venture

About CED: The Council for Entrepreneurial Development (CED) is a private, non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes.  formed in 1984 to identify, enable and promote high growth, high impact entrepreneurial companies and to accelerate the entrepreneurial culture of the Research Triangle and North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures


Area, 52,586 sq mi (136,198 sq km). Pop.
. CED is the largest and oldest entrepreneurial support organization in the nation with more than 4,000 members representing over 1,100 entrepreneurial companies, financiers and professional firms. In July 2005, Wilmington's Coastal Entrepreneurial Council merged with CED to create CED-Coastal, a divisional office focused on entrepreneurial development in Wilmington and throughout North Carolina's entire coastal region. CED provides education, mentoring and capital formation resources to new and existing high-growth entrepreneurs through annual conferences, seminars, workshops and programs on entrepreneurial management and finance. www.cednc.org
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Publication:Business Wire
Date:May 3, 2006
Words:442
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