PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Angel Investor Association (AIA)

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Angels and Entrepreneurs Meet in the Czech Republic - The Angel Investor Association (AIA) organized the first match-making forum in the Czech Republic, bringing together both private investors (often called “business angels”) and high-growth entrepreneurs
Angels and Entrepreneurs Meet in the Czech Republic

 

NewswireToday - /newswire/ - Prague, Czech Republic, 2007/10/24 - The Angel Investor Association (AIA) organized the first match-making forum in the Czech Republic, bringing together both private investors (often called “business angels”) and high-growth entrepreneurs.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

On September 26, four pre-selected entrepreneurs were given the opportunity to present their ventures to an audience of around forty angels, investment fund representatives, business incubator managers and fellow entrepreneurs. Guests included the 2004 Ernst & Young Entrepreneur of the Year Mr Miroslav Rihak, Mr Nicolas Boissin of BKS Capital, and business angels Mr Michael Prokop and Mrs Silke Horáková.

The forum – held on Na Prikope street with an amazing view on Prague’s historical centre – was opened by AIA’s president, Mr Richard Husovský. AIA’s event was held under the aegis of the European EASY project, a two-year cross-border project which includes six major investment forums in Europe’s main capitals. The objective of these forums – as was pointed out by AIA’s Michal Kohoutek in his introductory note – is to enable entrepreneurs from throughout the EU to present their projects to selected groups of investors. Centring on the market of the Czech Republic, AIA’s September 26 forum was another milestone in the process of raising local awareness about angel investment, and this forum followed on from the success of the 2006 European Business Angel Network annual conference, organized by AIA in Prague in April of last year.

The AIA forum opened with a presentation by Mrs Modwenna Rees-Mogg, editor in chief of VCR Directory (a database of British venture capital and private equity investors), as well as of Angel News (a free commercial news service for early stage funded companies), and was entitled “Keys to a Successful Business Angel Investment”. The presentation began with an overview of the various types of angel investors, ranging from the angels looking for an intriguing job in an investee company, to the “passive portfolio builders”. The presentation then continued on to the ten specific steps for optimizing investments so as to minimize risks – tips included the formula to calculate the amount to invest based on your free assets, as well as ideas on how to source a quality deal flow.

The following two speakers were Helena Kopalova of the Prague School of Economics, and Michal Kostka, of the South Moravian Innovation Centre. Mrs Kopalova talked about her experience at the 2007 July European Entrepreneurship Colloquium at Harvard Business School, and Mr Kostka presented the services his incubator offers to entrepreneurs. His presentation bore the title “How to Breed a Beginning Ernst & Young Entrepreneur of the Year”, as Vaclav Muchna of Y Soft, the 2006 winner of the award, comes from the South Moravian Innovation Centre incubator.

At 5 pm the core of the program came – the four entrepreneurs, one after another, presented their entrepreneurial projects to the attending investors.

First was Mr Daniel Zuth of ViDiTech, a Brno-based company producing vibrodiagnostical devices, which monitor – as the name reveals – the vibrations of costly machinery in order to prevent damage to it. After the presentation, a lively debate ensued with AIA investor Anthony Smith, who showed his interest in the proposal and enquired about the possibility of applying the ViDiTech system to wind turbines, given the advantageous ratio between their respective prices.

Second to present was Mr Vaclav Brezina of BP Medical, also from Brno, a company growing algae in a closed system – the only one in Europe – and able to tailor their nutritional content to the customer’s needs. The purpose of the algae cultivation is to obtain biomass from which to extract ingredients for nutritional supplements as well as for cosmetics. The liveliest business angel in the ensuing discussion this time was Silke Horakova, whose main interest focused on the company’s marketing strategy.

Third came SoggyMelon, a project of two American-born entrepreneurs living in Czech Republic’s Moravia region, Gary Keith and Glenn Weidner. In its first stage, the project is initially centred on the localization of online video games in the region of Central and Eastern Europe, while at a second stage the development of own games is planned. Investor Michael Redgwell expressed the greatest interest in this project.

Finally, Indian-born Manna Justin of Foretee presented his project, which consists of a tee time booking website, where players can see weather forecasts for different golf courses, and where golf courses can subsequently post real time discounts in case of bad weather. Mr Justin is currently operational and has built up a team of employees in the Czech Republic, India and the United States. Whilst his target market is currently only the United States, given the number of golf courses in Europe, future plans are expected to extend to include the European courses as well.

The first match-making forum in the Czech Republic was most certainly deemed a success, achieving its goal of bringing together entrepreneurs and angels together into an engaging environment. No doubt we all look forward to seeing the outcome of their negotiations in the weeks to come, and also to the second forum expected in the near future.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Angel Investor Association (AIA)

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


Angels and Entrepreneurs Meet in the Czech Republic

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Michal Kohoutek - AIA.cz 
+420 272 143 524 Michal.Kohoutek[.]aia.cz
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Angel Investor Association (AIA) securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Angel Investor Association (AIA) / Company Profile


Read Financial/Legal/Venture Most Recent Related Newswires:

Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations
Western Union Business Solutions Announce Mark Davis As Head of Australia and New Zealand
Tabarak Investment Capital and Elite Capital & Co. Limited in Discussion to Finance Projects
Consulting Magazine Unveils the Profession’s Fastest Growing Firms At Inaugural Gala
Hills Invest Signs An Agreement with The Afore Profuturo in Mexico
TRA Searches for TPA Acquisition Opportunities

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)