Which Five Companies Will Be Selected to Pitch to the Angels?

I, Anne Giles Clelland, writer of this blog, Inside VT KnowledgeWorks, founder, president, and CEO of Handshake Media, Incorporated, a VT KnowledgeWorks member company, applied on the deadline, March 1, 2009, to compete with other applicants to be one of five companies selected to pitch in front of a panel of three angel investors – and a live audience – at the inaugural VT KnowledgeWorks Entrepreneurship Summit on Thursday, April 2, 2009, in Blacksburg, Virginia.

Which five companies will be selected?

Any company anywhere can submit a funding application via Angelsoft to enter a pool of applicants for world-wide angel investors to consider for funding.  If a company is selected for consideration, what usually happens is that the applicant pitches to the group of angel investors in private, the angel investors meet in private, discuss the applicant, and decide “yes” or “no.”  They let the company know of their decision in private.

None of that private stuff will occur during the CVG’s LiveFire! ™ session during the afternoon of the VT KnowledgeWorks Entrepreneurship Summit on April 2.

And the companies selected will have been netted from the pool of investment applicants, filling at a rate of 2,200 company applications per month, like five magic, talking fish with a once-in-a-lifetime chance to pitch why they should be the ones to leave the amorphous waters of talk and evolve into those who walk the talk on the land of profitable business models.

(Okay, that metaphor is a stretch, but way more companies want funding than will ever receive it.  That CVG’s LiveFire! ™ will be in Blacksburg does seem dream-like and magical.)

The five companies selected as pitch-worthy by the Charlottesville Venture Group (CVG), in affiliation with the Virginia Active Angels Network (VAAN), will pitch in public, answer questions in public, listen to the angel investors express pros – and cons – in public, right there in front of an auditorium full of 100 silent, scrutinizing audience members.

 "No one's feelings are spared and no question is out of line."

They’ll hear “yes” or “no” right there in public.

To apply, and to pitch, one would need to be pretty serious about one’s company…

Which five companies will we see at the VT KnowledgeWorks Entrepreneurship Summit?

The auditorium only has 100 seats.  If you want to be a member of that silent, scrutinizing audience, you might want to register now.

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