|By Business Wire
|November 29, 2012 04:31 PM EST
Looking for the next KlickNation, Serious Magic or MaxPreps? Those
Sacramento / Northern California companies turned a clever idea and hard
work into multimillion-dollar businesses – and hefty paydays for their
founders and investors when they were sold.
Similar to the “Demo Day” events run by TechStars and Ycombinator, 10
entrepreneurs will detail their business plans in hopes of connecting
with angel and venture-capital dollars during the finale of the third
annual Entrepreneurs Showcase. The event is scheduled from 4:30 p.m. to
7:30 p.m. Dec. 6 at the Lecture Hall at the University of the Pacific
McGeorge School of Law in Sacramento. The showcase is hosted by Velocity
Venture Capital and is free, but seating is limited. For more
information and to RSVP, see http://www.velocityvc.com/zmail/showcase/showcase-2012.html
and email [email protected].
The event allows venture capitalists, corporate venture groups and angel
investors to hear pitches and learn more about the most-promising tech
companies in Sacramento/Northern California. Leading up to this final
event, national guest speakers and a panel of top-tier investors have
highlighted the seven-month program to help advise startups and connect
them with much-needed capital to grow their businesses.
The keynote speaker for the December event is Robert Wiltbank, Ph.D.,
who is widely regarded as a global expert on angel investing performance
and entrepreneurial strategy. Wiltbank is a professor at the Atkinson
Graduate School of Management at Willamette University in Salem, Ore.,
where he teaches courses on New Venture Creation, Strategic Management
and Industry Analysis. He is a Batten Institute Research Fellow with the
Darden School at the University of Virginia, serves on the editorial
board of the Journal of Business Venturing and the board of directors of
the Angel Resource Institute.
“Our efforts with the Entrepreneurs Showcase are focused on inspiring,
educating and capitalizing entrepreneurs with bold ideas to create big
businesses,” said Jack Crawford Jr., General Partner of Velocity Venture
Capital in Folsom. “By sharing our experiences and connecting these
entrepreneurs to capital sources, we hope to accelerate their path from
idea to product to company to ticker symbol.”
Dell, Oracle, Samsung, Silicon Valley Bank and Bank of America are
supporting partners of the showcase. The National Venture Capital
Association and the Kauffman Fellows Program – a nonprofit dedicated to
fostering entrepreneurship and training leaders from the venture capital
industry in capital formation – are also collaborating with Velocity
Venture Capital on the Entrepreneurs Showcase, along with the University
of the Pacific.
“The growing amount of investment and entrepreneurial activity in the
Sacramento area offers a tremendous amount of economic promise for the
region and we look forward to watching the progress east of Silicon
Valley,” said Mark Heesen, President of the National Venture Capital
Association. “Velocity Venture Capital has been an active member of the
NVCA from a market and policy perspective, and we applaud its efforts to
put the Sacramento / Northern California region on the map with venture
capital firms and entrepreneurs alike.”
Here is a list of the presenting companies:
Emtrain – A software company that brings together the best of
training delivery technology along with tremendous instructional design
and training experience to create highly effective content, delivered on
a state-of-the-art, powerful enterprise training system.
innerVid – A fully customizable, embeddable, shareable online
video player that can be spread through the website of an organization,
email, blogs, social media and online ad buys.
Locable -- A nationwide network of local community websites
working with affiliates (local magazine publishers) to create a “Main
Street for the 21st Century.”
MOVL – A software company driving innovation in the social
television application revolution by creating connectivity between
smartphones and smart TVs.
Pondera Solutions -- Combines Google’s massive computing power
and advanced predictive analytics to help solve the problem of fraud,
waste and abuse in government benefits programs.
Postcards Anywhere -- Puts the touch back in “keeping in touch”
by allowing users to easily send traditional printed postcards from
Snippet -- A mobile publishing platform powered by short form
content to transform the way people share short stories and ideas.
Proximity Solutions -- An end-to-end B2C mobile marketing
solution for restaurants, bars and entertainment venues to promote their
SO:KNO – Leverages the Internet to provide efficient access to
the best people and best knowledge on any topic. “Knowledge Simplified.”
Wijit -- A unique lever driving and braking system that simply
makes the manual wheelchair better. The Wijit allows users to travel
further with less effort by amplifying the user’s pushing power by over
“Silicon Valley is expanding north into San Francisco and east into
Sacramento,” said Mr. Crawford. “The Sacramento / Northern California
region continues to produce a steady flow of interesting new companies
that have ready access to some of the best technical talent, management
and capital sources in the world.”
In addition to working with the NVCA, Kauffman Fellow Program and others
at the national level, Velocity Venture Capital has partnered at the
local level with the City and County of Sacramento, the Entrepreneurs’
Organization, the Sacramento Area Commerce and Trade Organization,
Hacker Lab and the Sacramento Area Regional Technology Alliance.
About Velocity Venture Capital
Velocity Venture Capital is a seed and early-stage venture capital firm
that invests in information technology companies as they converge with
key market sectors such as Security, Medical, Energy and Education.
Velocity works to identify and partner with smart, persistent and bold
entrepreneurs to build world-class companies in the U.S. with special
attention to companies located in Sacramento / Northern California. The
firm is headquartered in the Sacramento region, just east of Silicon
Valley. For more information, please visit www.velocityvc.com.
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