Friday, November 21, 2008

The Entrepreneur's Forum

— a budding entrepreneur’s chance to polish the "pitch" and publicize the company to the public.

At previous regular CVF meetings, one entrepreneur was selected through a competitive screening process to present her or his company to the CVF audience. Though not specifically designed to be a funding event, the Entrepreneur's Forum is a great way for entrepreneurs to practice telling their pitch to investors and other entrepreneurs.

Please note: The Entrepreneur's Forum was suspended in 2003.

Presenters will receive specific feedback for improving their presentation from selected investors. Prospective presenters are encouraged to read our FAQ.

Application Criteria
The proposed investment opportunity must be fundable by angel and venture capital standards. This means that the opportunity must address a substantial market (e.g. the overall market exceeds $500 million annually), and the opportunity should represent an ability to maintain a proprietary technology position (preferred, not required).

The opportunity must also provide for clear entrance and exit by investors. The proposed investment opportunity must demonstrate high growth potential in a technology business, such as greater than $30 million annually in net revenue within 5 years. The products and/or services defined in the opportunity must address national and global markets.

The entrepreneur application must have a business plan and provide an Executive Summary of the business opportunity including the following information:

• The size of the market being addressing in terms of dollars;
• A description of the proposed products and/or services;
• A description of the revenue generating business model;
• The management team and their respective backgrounds and experience;
• Projected growth in terms of net revenue and net income over 5 years;
• A discussion of competition.

Submitting Your Application
To submit your application for consideration to present at the Entrepreneur's Forum, please send a copy of the Executive Summary from your business plan in either a Word-formatted document or RTF file format to:
info@cvf-nm.org.

Applications are due to the Forum Coordinator no later than three weeks prior to the presentation date.

Complete applications will be forwarded to the review committee for their comments.

Applicants will be notified two weeks prior to the scheduled meeting date with the following possible outcomes:

• The application has been accepted; a dry-run presentation will be scheduled with the review committee;
• The applicant is encouraged to reapply with modifications to the application;
• The applicant is directed to a more appropriate opportunity.

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