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News and Information Article
Intermountain Venture Forum Helps Fuel Growth of Regional Start Up
Organizations
BOISE, Idaho, July 25 // -- The eighth annual Intermountain
Venture Forum (IVF), scheduled for September 26-27 at the Boise Centre on
the Grove in downtown Boise, is now accepting applications for companies
interested in presenting. The 2006 program will feature keynote
presentations by Steve Appleton, Chairman, CEO and President of Micron
Technology, Inc. and Paul Maeder, co-Founder and Managing General Partner
of Highland Capital Partners.
Layne Simmons was surprised at the impact the event had on her
engineering firm, TenXsys Inc. "It helped us hone our message, we made
connections that are still benefiting us today, and we did come away with
an investor," said Simmons, vice president of TenXsys, which presented at
the 2005 conference. "We also received very valuable feedback that we put
immediately into play. Our company has more potential today than it did
before the IVF."
The Forum, presented by the Boise Valley Economic Partnership, connects
some of the regions most promising new companies and the Wests top
investors. Each year, dozens of start up firms go through an application
process to be chosen to present at the event. Companies that are selected
are invited to an exclusive dinner with venture capitalists and also
receive performance coaching with their presentations by a volunteer group
of executives with a background in early stage companies and funding. In
addition to the presenting companies, each year the IVF features panels of
leading experts in venture funding and angel investment. In 2005, the forum
featured 14 presenting companies from six Western states and attracted more
than 25 of the Wests top institutional investors. Submitting an
application is free of charge.
An added feature to this years event is the first annual Stoel Rives
Idaho Innovation Awards Program, presented by the Idaho Office of Science &
Technology. This new statewide awards program recognizes innovations and
the Idaho companies that created them. Finalists and a winner will be
recognized in each category during a special Awards Luncheon held in
conjunction with IVF on September 26. Information about the awards program
can be found at http://www.stoel.com/innovation .
Dedicated Devices Inc. of Boise has presented twice over the years and
each time has received subsequent funding, said co-founder and executive
vice president Jeff Moeser. "The IVF attracts a premier caliber of
resources from angel and institutional capital to legal and mentoring
assistance from the intermountain region and Pacific Northwest," said
Moeser. "For the past several years the IVF has emerged as one of the very
best regional events of its type and is a must attend event for companies
from the seed stage and onwards."
MobileDataforce, which also recently received major investment, credits
the event with propelling the firm forward. "The Intermountain Venture
Forum enabled me to improve my business plan, understand how to prepare
financial information, create a concise presentation for investors and
better understand investor motives," said CEO Kevin Benedict.
The application deadline for entrepreneurs to present is September 15.
For information, go online to http://www.ivfboise.org or call James Grunke,
Director of The Boise Valley Economic Partnership, at (208) 472-5232.
About the Boise Valley Economic Partnership
The Boise Valley Economic Partnership (BVEP) is the nonprofit
economic-development division of the Boise Metro Chamber of Commerce. The
BVEPs long-term mission is focused on creating jobs, encouraging
investment in the community, and maintaining a balanced quality of life.
The organizations goal in hosting the IVF is to promote the Boise Metro
Area, Idaho, and the West as the worlds best places to start and grow a
business. For additional information, please visit
http://www.boisechamber.org/ec_dev/ .
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