Angel Capital Association adds QStart Labs to the member recommended provider team

Sept. 14, 2010 - PRLog -- Columbus, OH, 09-14-2010 — QStart Labs and the Angel Capital Association (ACA) announce the addition of QStart Labs as an ACA Member Recommended Provider.

The addition of QStart Labs pegs the Columbus, Ohio based company as a leading provider of technology strategy, website development, and portfolio company advisory services for member ACA groups and entrepreneurial firms raising capital.  In turn, QStart Labs will help reduce the typical cash outlay, time-to-market, and risk associated with technology-based ventures for ACA members.

“We are pleased to be included in the ACA Member Recommended Provider Program as a resource available to its members and their portfolio companies to drive towards successful exits by leveraging our expertise and unique business model.” said Kevin Hiser, President, QStart Labs.  

Mr. Hiser added that: “The reality for both start-ups and their investors is that all too often technology investments fail to meet the business objectives.  The primary cause is that technology partners do not understand the unique business challenges facing start-ups.  This prevents them from providing pragmatic guidance in key business and technical areas that help the reach their goals.  They become just another vendor to be paid vs. being a partner sharing in their risk and rewards.  We focused on creating a business model built on aligned interests to ensure that our success is tied directly to the success of our clients  The result has been that we are valued advisors to our clients and not a liability.  This is why we have been recommended as a provider to the ACA membership.”  

Marianne Hudson, Executive Director of ACA, explains: "The ACA member recommended provider program is designed to provide high quality resources for angel investors and entrepreneurs raising equity capital.”   QStart Labs is the latest addition to our member recommended provider program because of their unique focus on helping investors and their portfolio companies succeed.  QStart Labs' endorsement was submitted by John Huston, Managing Director, Ohio TechAngels."

About QStart Labs
Columbus-based QStart Labs was started by NCT Ventures to increase the success rate of their portfolio companies.  The team includes entrepreneurs, developers, sales, project management, and finance professionals that act as mentors for start-ups in key business areas such as: technology strategy, strategic planning, sales and marketing, HR and Finance, and IT, while creating alignment with their objectives and exit strategies.
QStart Labs is a web development and advisory company that helps start-ups and their investors reduce the typical cash outlay, time-to-market, and risk associated with launching a new web based venture.   QStart Labs’ core-competency is building custom, web-based marketplaces, communities, and business specific platforms that are scalable and robust.  More information is available at www.qstartlabs.com

About Angel Capital Association:
The Angel Capital Association is the trade association of leading Angel investment groups in North America. ACA's mission is to support the growth, financial stability, and investments success of its member groups. This mission is accomplished by providing professional development, best practices, networking and collaboration opportunities for angel investors who belong to member angel groups. Today 150 angel groups are members of ACA, and those groups represent over 6,500 accredited angel investors. More information is available at www.angelcapitalassociation.org.

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Columbus-based QStart Labs was started by NCT Ventures to increase the success rate of their portfolio companies. The team includes entrepreneurs, developers, sales, project management, and finance professionals that act as mentors for start-ups in key business areas such as: technology strategy, strategic planning, sales and marketing, HR and Finance, and IT, while creating alignment with their objectives and exit strategies.
QStart Labs is a web development and advisory company that helps start-ups and their investors reduce the typical cash outlay, time-to-market, and risk associated with launching a new web based venture. QStart Labs’ core-competency is building custom, web-based marketplaces, communities, and business specific platforms that are scalable and robust. More information is available at www.qstartlabs.com