In an effort to help Utah entrepreneurs plan for and achieve financial funding goals in 2007, the Wayne Brown Institute (WBI) today announced this year's first "How to Raise Money in Utah" seminar, to be held on Wednesday, January 17, 2007 from 5:30 to 7:30 p.m. at Neumont University in South Jordan, Utah.
Venture experts Karl Israelsen (Stoel Rives LLP), Dale Richards (Excel Management) and Devin Thorpe (Thorpe Capital Group) will each address the key elements of raising money in Utah, including how and when service professionals add value. Following the presentations, an "anything goes" question and answer session will be opened to the audience.
"Fundraising hindsight is always 20/20," said Brad Bertoch, president and CEO of WBI. "Our venture experts will share valuable experiences that will not only give entrepreneurs a basic understanding of the fundraising process but will hopefully help them avoid fundraising pitfalls in the upcoming year."
Sponsors for the two-hour seminar include Excel Management Systems (www.emsi.com)
Registration for the event is currently available online at http://venturecapital.org/
About the Wayne Brown Institute
Located in Salt Lake City, the Wayne Brown Institute is the oldest, most successful non-profit venture capital accelerator in the world and was formed in 1983 by Dr. Wayne S. Brown. It seeks to educate early-stage companies through mentor-based training in the methods of becoming attractive, viable investments for venture capitalists, while creating value-added relationships between entrepreneurs, capital providers and key professionals specializing in equity-backed business. The Wayne Brown Institute is nationally recognized for its expertise in understanding and applying the venture capital funding processes of Silicon Valley to areas that are capital constrained.
CONTACTS:
Brad Bertoch, Wayne Brown Institute, 801-598-4651,
bbertoch@venturecapital.org
David Politis, Politis Communications, 801-523-3730(
dpolitis@politis.com or
Curtis Gasser, Politis Communications, 801-523-3730, cgasser@politis.com


