Peak Pitch '07 Gives Entrepreneurs a Lift.Borealis Ventures Invites Entrepreneurs to Tune Their Skis- and Their Pitch! HANOVER, N.H. -- Borealis Ventures announces the return of Peak Pitch, an event that gives entrepreneurs and investors an opportunity to network on the slopes. The success of past Peak Pitch events in linking the Northeast's distinctive natural assets with its 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. business community inspired Peak Pitch founder and series organizer Borealis Ventures to partner with four other venture funds in expanding Peak Pitch '07 to five ski resort locations. Peak Pitch brings entrepreneurs and investors together for a unique version of the classic "elevator pitch Elevator Pitch A slang term referring to the 20-60 seconds an entrepreneur has to interest a venture capitalist (VC) in his or her business idea. Notes: Entrepreneurs have about the same amount of time to pitch their idea to a VC as they would if they ran into the VC in ." In the traditional elevator pitch, entrepreneurs take advantage of an unexpected opportunity to share an elevator elevator, in machinery elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships, ride with a potential investor and present their business idea. At Peak Pitch, a shared chairlift gives entrepreneurs the opportunity to pitch their business plans to a variety of venture capitalists Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. , angel investors 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. , and other experienced startup advisors as they ride up a mountain on a high-speed chair lift. The Peak Pitch '07 program will include a series of events organized by local hosts to support entrepreneurial communities across Maine, Massachusetts, New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). , 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 and Vermont. Local hosts include the Borealis Ventures (New Hampshire and Maine), Fresh Tracks Capital (Vermont), High Peaks Venture Partners (New York) and Long River Ventures (Massachusetts). The Series Sponsor is Village Ventures, of Williamstown, MA. "Borealis introduced Peak Pitch as part of our commitment to strengthen Northern New England's entrepreneurial community," said Phil Ferneau of Borealis Ventures. "Peak Pitch emphasizes entrepreneurial passion, not Powerpoint, and helps entrepreneurs connect one-on-one with investors and mentors. Peak Pitch's rapid growth to five events this year reflects the positive response that we have received to the Peak Pitch formula of focused networking, informed feedback, and plenty of fresh air. Last year, Peak Pitch attracted over 200 entrepreneurs and investors to the series. "Peak Pitch 2006 was a super experience last year--it took entrepreneurs and investors out of offices and put them onto the slopes where they could communicate in an informal manner," noted Matt Harris, Managing General Partner for Village Ventures. "It makes good sense for Village Ventures to sponsor this series of events. Our Partner Funds invest in local markets where there is great intellectual capital but little or no venture capital, places where there are entrepreneurs creating meaningful businesses. Peak Pitch helps us reach those entrepreneurs in an innovative context." More information and registration details on Peak Pitch '07 are available on www.peakpitch.com or by contacting Meagan Pryor at 603-643-1500 or meagan@borealisventures. About Peak Pitch 2007 The Peak Pitch '07 program will include a series of events to support the entrepreneurial community across Maine, Massachusetts, New Hampshire, New York and Vermont. Dates, locations and local hosts are as follows: March 1 Bolton Valley, VT Hosted by Fresh Tracks Capital March 2 Mt. Wachusett, MA Hosted by Long River Ventures March 9 Mt. Sunapee, NH Hosted by Borealis Ventures March 16 Gore Mt., NY Hosted by High Peaks Venture Partners March 23 Sunday River, ME Hosted by Borealis Ventures Peak Pitch was founded in 2005 by Borealis Ventures and served as a precursor precursor /pre·cur·sor/ (pre´kur-ser) something that precedes. In biological processes, a substance from which another, usually more active or mature, substance is formed. In clinical medicine, a sign or symptom that heralds another. to the Start-Up New Hampshire Business Plan Competition 2005 (Start-Up NH 2005). To learn more about the Peak Pitch 2007 series, please visit our website: www.peakpitch.com About Borealis Ventures Borealis Ventures is a seed and early stage venture capital firm that partners closely with exceptional entrepreneurs in Northern New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. , the Dartmouth College Dartmouth College, at Hanover, N.H.; coeducational; chartered 1769, opened 1770, the ninth colonial college (see Wheelock, Eleazar). Originally a men's college, Dartmouth began admitting women in 1972. community, and beyond. www.borealisventures.com About Village Ventures Village Ventures is an early stage venture capital firm investing in exceptional entrepreneurs building information technology and life sciences companies in emerging domestic geographies. Village Ventures identifies promising investment opportunities in partnership with its nationwide network of 13 early stage 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: that are focused on these emerging domestic geographic markets. By combining local Partner Fund capital and hands-on investment practices with Village Ventures' centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. services and national network, Village Ventures helps create compelling and innovative companies. www.villageventures.com |
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