Free Funding Competition for Utah Entrepreneurs!

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Free Funding Competition for Utah Entrepreneurs
Apply Now to Participate!

At the Governor’s Utah Economic summit on March 22, 2007 a select group of entrepreneurs will have the chance to present their business ideas to a group of angel investors. Up to a $100,000 investment will be awarded by the angels to the winning entrepreneur.

Brock Blake, CEO of FundingUniverse invited all entrepreneurs in the state of Utah to submit their plan for consideration. Summit sponsors, FundingUniverse and Grow Utah Ventures will review all of the submitted plans. Five companies will be selected to present on March 22. Plans will be accepted up through March 6, 2007.

“All entrepreneurs in the state of Utah should take advantage of this incredible opportunity,” Blake said. “It is easy to submit your plan for consideration – just go to our website at www.fundinguniverse.com and look for the Funding Competition icon.”

After submission, the FundingUniverse team will provide each entrepreneur with initial feedback on the overall quality of the business opportunity. Those selected for presentation at the Summit will also be assisted in preparation for the pitch.

“We will work with the semi-finalists to help them prepare the very best presentation possible,” Blake explained. “We believe this opportunity will surface some of the best entrepreneurs and the strongest business models in the state.”

The presentation by the entrepreneurs to the angels will be conducted as a part of the Summit and open to summit attendees (a live audience). This will provide a unique opportunity to listen in on the dialogue between entrepreneurs and investors. Attendees will be able to hear the angel investors discuss the strengths and weaknesses of each business. All who attend will come away with a strong understanding of how to make their respective businesses more attractive to equity investors.

“This is a very unique opportunity for all of Utah’s entrepreneurs,” said T. Craig Bott, President and CEO of Grow Utah Ventures. “Not only will the entrepreneurs who are selected have the opportunity to make their pitch to active Angel investors in Utah, but those in the audience will be able to watch the presentations. The attendees will gain some great insight as they hear the Angel investors discuss the strengths and weaknesses of each pitch. Those attending will come away with strong understanding of how to make their respective businesses more attractive to equity investors.”

What: Economic Summit and Funding Competition
When: March 22nd, 2007
Where: Grand America Hotel (Salt Lake City)
Who is invited to apply: All companies that are seeking equity capital for their company
# of Semi-Finalists to be selected to present: Five (5)
Application Deadline: March 6th, 2007 (by midnight)
Cost to Apply: FREE! Go to http://www.fundinguniverse.com/goedsummit

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