Ladies Who Launch Partners with Venture Capital Firm.Business Editors NEW YORK--(BUSINESS WIRE)--March 9, 2004 Ladies Who Launch, an innovative platform and premier destination for motivated mo·ti·vate tr.v. mo·ti·vat·ed, mo·ti·vat·ing, mo·ti·vates To provide with an incentive; move to action; impel. mo and entrepreneurial-minded women, today announced its partnership with California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). venture capital firm Funk Ventures for its 2004 Search for Success business idea competition. The announcement was made by Ladies Who Launch 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. and Founder Victoria Colligan. "We are very excited to be partnering with Funk Ventures," says Colligan. "We 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. the next success story to feature on our website and this partnership will help us in our goal of furthering the dream of every woman in pursuit of her entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. passion." Search for Success is a business idea contest designed to find and help the next motivated and successful woman with a fabulous venture concept. The winner will receive $10,000 in cash and a package of business services valued at more than $40,000 (legal, trademark, website, organizational and publicity services) and an invaluable feature on the LWL LWL Lichtwellenleiter LWL Load Water Line LWL Life without Limits LWL Ladies Who Lunch LWL Length of Water Line LWL Long Wave Length LWL Legend Wrestling League (Wolverhampton, England) LWL Left Wing Looney website and weekly email -- everything a passionate entrepreneur entrepreneur (än'trəprənûr`) [Fr.,=one who undertakes], person who assumes the organization, management, and risks of a business enterprise. needs to start her new business. The Search for Success competition has received continuous national press and was featured in numerous newspaper articles and publications such as Fox's "Good Day Live" morning program. Funk Ventures' sponsorship of the Search for Success competition will also provide the winner with a chance to present her business idea to numerous private and professional investors and the opportunity to receive a substantial funding offer. The assistance in locating a suitable funding partner for the winner will be provided by Funk Ventures' investment banking division free of any fees (considering standard investment banking fees, a value of up to a few hundred thousand dollars). "We understand the need for women entrepreneurs to acquire the knowledge that will allow them to build successful companies," says Andy J. Funk, CEO and Managing Director of Funk Ventures. "Ladies Who Launch has become a leader in educating women on how they can start and grow their own successful businesses and the Search for Success competition will be an excellent opportunity for female entrepreneurs to hone their business skills and win valuable prizes for their businesses." About Ladies Who Launch Ladies Who Launch is an innovative platform for female entrepreneurs and motivated women that combines information, community, style, fun and passion. Ladies Who Launch produces a weekly email featuring a different, unique and motivated woman, her path to success and her lifestyle story. Through its content-rich website and events in different cities, Ladies Who Launch provides both a virtual and event forum for women to share products and services, ideas, creativity, style and networking -- all put together by inspiring and motivated women -- each with her own "launch" story to tell. For more information about Ladies Who Launch please visit http://www.ladieswholaunch.com. Entering the 2004 Search for Success Contest Entering the contest is free and easy. Potential new business owners can fill out an application at http://www.ladieswholaunch.com/sfs.cfm, or send an entry to Ladies Who Launch, 244 Madison Avenue Madison Avenue, celebrated street of Manhattan, borough of New York City. It runs from Madison Square (23d St.) to the Madison Bridge over the Harlem River (138th St.). In the 1940s and 50s, some of the major U.S. , Box 705, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10016. The deadline for receipt of all applications is April 15th. Applications should be no longer than 800 words and should include an overview of the business or new venture concept, including a description of the product or service, the inspiration behind the idea, the potential market opportunity, the size of the market, target demographic and reasoning behind marketability Marketability A negotiable security is said to have good marketability if there is an active secondary market in which it can easily be resold. marketability The ease with which an investment may be bought and sold in the secondary market. , a strategy for success, and any additional information or examples that may help make a decision. Applicants should also include name, desired or existing company name, email address See Internet address. , mailing address, phone number, age, and a short bio. Finalists will be announced on June 1st and the winner and runners up will be announced July 1st. About Funk Ventures Funk Ventures is a multi-faceted venture capital firm combining traditional venture capital with investment banking and business services. By making its own investments and providing access to outside capital, Funk Ventures is uniquely positioned to help invigorate in·vig·or·ate tr.v. in·vig·or·at·ed, in·vig·or·at·ing, in·vig·or·ates To impart vigor, strength, or vitality to; animate: "A few whiffs of the raw, strong scent of phlox invigorated her" the growth of private companies at all levels. The firm's unique structure enables it to work with companies led by outstanding management teams in a wider range of industries than most traditional VC firms. Funk Ventures' overall industry focus spans from technology and biotechnology to energy, wellness and education. For more information please visit http://www.funkventures.com. |
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