Springboard Enterprises Portfolio Companies Hit Billion Dollar Milestone.Business Editors WASHINGTON--(BUSINESS WIRE)--Nov. 19, 2002 Organization's 10th Venture Forum Continues Springboard's Track Record of Attracting Top Entrepreneurs and Leading Investors Springboard Enterprises today announced that its portfolio companies have hit the billion dollar mark in raising venture capital. Springboard's Venture Capital Forums facilitate new deal flow to investors from high-growth women-led businesses. Since January 2000, Springboard has selected 250 women-led companies to present at its forums from over 3,000 applicants. 95 percent of the funded companies are still in business or have successfully exited through merger or acquisition. Springboard has also hit another milestone. The Tenth Springboard Women's Venture Capital Forum will be held at the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, on November 22, 2002. Featured are 20 innovative technology and life science companies led by women. This is the third Springboard forum co-hosted by the Center for Women and Enterprise held in this region. 51 women entrepreneurs presented at 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. Springboard forums and raised $125 million. "No organization has had as profound an impact on penetrating penetrating breaching the tissues of the body. the venture capital market in less time," pronounced Kay Koplovitz, Board Member and co-founder of Springboard. "Springboard portfolio companies are beating the odds, and we are committed to supporting and promoting these women-led enterprises so they'll continue to grow and flourish." Springboard Venture Forums have proven to be a source of quality deal flow for angel, venture and corporate investors Noun 1. corporate investor - a company that invests in (acquires control of) other companies company - an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage" . "Once again I was struck by the quality of entrepreneurs, the thoroughness of the presentations, and the attractiveness of the investment opportunities," said Michael Greeley, IDG IDG International Data Group IDG Integrated Drive Generator IDG Installation Design Guide IDG Internet Discussion Group IDG Inset Dielectric Guide IDG International Dangerous Goods (mail, shipping) Ventures. "For the most part, these are deals that I do not ordinarily or·di·nar·i·ly adv. 1. As a general rule; usually: ordinarily home by six. 2. In the commonplace or usual manner: ordinarily dressed pedestrians on the street. see. Since its first Forum in January 2000, Springboard has presented companies at 10 forums in seven major markets -- Silicon Valley, Chicago, Boston, New York Boston is a town in Erie County, New York, United States. The population was 7,897 at the 2000 census. The town is named after Boston, Massachusetts. The Town of Boston is an interior town of the county and one of the county's "Southtowns. , Washington, DC, Research Triangle Park Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , NC and Dallas. The program has involved thousands of investors, financiers and business development professionals in the selecting and coaching the companies many of whom have become investors, consultants or members of the management team and boards of directors. About Springboard Enterprises Springboard Enterprises is a not-for-profit organization that has had phenomenal success in preparing and showcasing women-led businesses seeking equity capital. Springboard delivers its programs and services through local affiliate organizations and a national network of entrepreneurs, investors and business development professionals. Springboard's signature program is the Women's Venture Capital Forum. Information about Springboard can be found at www.springboardenterprises.org. |
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