New Enterprise Forum Panel Meets at SPARK to Shed Light on Venture Details: Valuation and What Counts
ANN ARBOR, Mich., Oct. 7 /PRNewswire-USNewswire/ — New Enterprise Forum and Ann Arbor SPARK will co-host a panel discussion on the specifics for venture deals, with a focus on valuation. This discussion should help entrepreneurs to understand the realities of valuation and how it affects investment in their business. The event takes place at 5:00 p.m. on Thursday, October 15, at SPARK Central, 330 E. Liberty Street in Ann Arbor.
The participants for this event include:
Timothy Damschroder – Partner, Bodman Law Firm. Tim advises clients in business and corporate finance, securities, tax, and intellectual property law. He specializes in high-tech companies from start-up to transactions involving IP, venture capital financing, and eventual sale or IPO. He holds a J.D. from the University of Detroit School of Law and an A.B. from U-M.
Chris Rizik – CEO, Renaissance Venture Capital Fund. Chris is also a co-founder of Ardesta LLC, the nation’s first accelerator for the nanotechnology and microtechnology field. Chris successfully led negotiations and closings of more than twenty venture capital transactions for Ardesta. Prior to Ardesta, he was a managing director for Avalon Technology, LLC, where he secured more than 30 venture capital transactions in a three-year period.
Eric Sieczka – Co-Founder and President & CEO, Pixel Velocity, Inc. Eric has spent the past 15 years commercializing technologies and building Michigan-based enterprises, with experience in technology creation, product development, operations, and financing. Previously, he was with EOTech Inc, a leading provider of holographic weapon sights, where he built the firm from a start-up product concept into a fully integrated manufacturing facility. He holds eight patents, a BSEE degree from Kettering Institute, and an MBA from U-M.
Our moderator will be Skip Simms, a Director at Ann Arbor SPARK, who manages SPARK’s Business Accelerator program for early stage technology companies, which helps prepare them for equity fund raising. Skip raised and now manages the Michigan Pre-Seed Capital Fund.
Showcase Presentation: Each month, NEF highlights emerging companies and provides them a Showcase Presentation. This month, our presenters will be Edward Shaffer of Advanced Battery Concepts, which is developing low-cost, large-format, longer-lasting rechargeable batteries, and Chuck Cole of BioLogic Engineering, which is developing computer-controlled motor-driven strength training technologies for superior performance gains.
Business Introductions/Open Forum: The evening’s agenda includes Business Introductions/Open Forum, during which attendees have the opportunity to make a concise, 10-second pitch for themselves, their company, product/service, or need.
Special meeting location: SPARK Central, 330 E. Liberty Street in Ann Arbor. Registration and networking begin at 5:00 p.m. with the program starting at 5:45 p.m. Free to NEF members, the cost is $20 for non-members, $5 for students. The event is sponsored by NEF stakeholder sponsor, Bodman Law Firm (www.bodmanllp.com).
Parking notice: The surface parking lot next to the Ann Arbor District Library on Fifth Avenue is closed for the construction of a new underground parking structure. There is plenty of additional parking; details are at:
http://www.a2dda.org/parking__transportation/parking_options/#parkingstructures.
ABOUT NEF
Through its hands-on work with entrepreneurs, NEF has been planting the seeds for Michigan’s economic prosperity for over two decades. NEF serves Michigan entrepreneurs by linking them with management expertise, venture partners, business services, capital, and other critical resources. NEF also provides free coaching teams who assist entrepreneurs with investor presentations and business planning in preparation for fundraising meetings. For information, visit www.NewEnterpriseForum.org.
SOURCE New Enterprise Forum