VT KnowledgeWorks Entrepreneurship Summit Event-Filled

From VT KnowledgeWorks:

VT KnowledgeWorks presents the Second Annual Entrepreneurship Summit on April 7 and 8, 2010 at the Inn at Virginia Tech and Skelton Conference Center in Blacksburg, Virginia. This two-day comprehensive workshop is custom designed for prospective company founders, entrepreneurs launching or re-vamping a business, growing companies seeking expansion capital, and individuals interested in investing in early-stage companies.

The first day of the Entrepreneurship Summit, April 7, will run from 8 a.m. to 5 p.m., including the finals of two Business Concept Competitions, a Technology Showcase featuring the latest regional high-tech companies, and several business seminars.

The Business Concept Competitions showcases students and entrepreneurs throughout Virginia and western North Carolina as they test their business concepts before a panel of faculty and local business leaders.  The winning team in the Student Competition receives a $5,000 cash prize.  The winner of the Open Competition receives business acceleration services at VT KnowledgeWorks.  Both first place teams also receive summer workspace in the VT Corporate Research Center to develop their ideas further.

The Entrepreneurship Summit extends into another full day on April 8 when five ready-to-fund companies will present before a panel of angel investors. The Open Angel Forum is a live pitch session providing a unique opportunity to understand how capital is raised with real companies and investors.  The five presenting companies are Actifity.comLimbGearMaxtenaNewCity Labs, and RRx.

Also on April 8, John May, Managing Partner of the New Vantage Group, will lead a session on the Valuation of Early-Stage Ventures. Over the last 20 years, John has been an advisor to, or a general partner of, five early-stage venture capital funds, including the UK-based Seraphim Capital formed in 2006, and is the co-author of Every Business Needs an Angel: Getting the Money You Need to Make Your Business Grow.

Some of the other outstanding speakers at the Entrepreneurship Summit include Bob Flores, former CTO of the Central Intelligence Agency; Steven Rogers, serial internet entrepreneur and founder of Cryptek, Objective Communications, Cetacean Networks, Rivulet Communications and Centripetal Networks; Pat Matthews, founder of Webmail.us and General Manager of Rackspace Apps; and Mike Drzal, Attorney and Shareholder in LeClairRyan.

Because of the generous sponsorship of LeClairRyan, Synchrony, and SunTrust Bank, the fees for this two-day event including workshops, competitions, luncheon, and seminars are only $30 for April 7 and $50 for April 8.  

Registration for the Entrepreneurship Summit is open for attendees, advertisers and Technology Showcase displays as long as space is available until March 31, 2010.

In conjunction with the VT KnowledgeWorks Entrepreneurship Summit, the NewVa Corridor Technology Council (NCTC) will host its annual TechNite Awards Banqueton the evening of April 7 at The Inn at Virginia Tech.  NCTC’s TechNite Awards Banquet is an annual celebration of the NewVa region’s technology community and an opportunity to network with more than 300 leaders in business and innovation.  For more information and to register, please visit the NCTC website or call 540-443-9232.

For more information about the E-Summit, please contact Lindsey Eversole for details at 540-443-9100 or via email at [email protected].

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VT KnowledgeWorks Global Challenge TrophyVT KnowledgeWorks is pleased to announce a Global Student Business Concept Challenge, August 29 – September 4, 2010, in Blacksburg and Roanoke, Virginia, USA.  The Challenge celebrates the energy and ingenuity of university students and their important contributions to the future of our global economy.  The name of the winning team, their university name, and their home city will be etched into the base of the VT KnowledgeWorks Global Challenge Trophy as a permanent tribute to their outstanding effort.  The winning team will earn a $25,000 cash prize.

DayOne Ventures @ VT KnowledgeWorks is an invitation-only seed stage investment and mentoring program for technology-based startups, funded and operated by experienced, successful entrepreneurs who are also angel investors. 

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VT KnowledgeWorks sponsors include Attaain, Inc., BB&T, Handshake 2.0, Harris Office Furniture, Hodges, Jones & Mabry, P.C., Hutchison Law Group, Latimer, Mayberry & Matthews IP Law, LeClairRyan, Science Applications International Corporation (SAIC) and The Becher Agency (TBA).

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