Keiretsu Forum Mid-Atlantic Phases Out Founding Membership Program Effective March 31

PHILADELPHIA - Feb. 10, 2015 - PRLog -- Keiretsu Forum Mid-Atlantic (K4-MA) announced today that it is planning to phase out its limited "Founding Membership" category in the Mid-Atlantic region effective March 31. The organization indicated that there were 20 "Founding Member" slots in each chapter, with the Philadelphia and Pittsburgh chapters having already filled their allotments. The chapters in New York and in Washington, D.C. still have the entirety of the first quarter of 2015 to fill theirs until the category disappears forever.

Keiretsu Forum Mid-Atlantic has chapters in Philadelphia, Washington, D.C., and New York. The organization is also an integral part of the Keiretsu Forum angel network. It operates on a global scale with more than 1100 accredited members and has 34 total chapters that are contained on three separate continents.

Keiretsu Forum Mid-Atlantic members who joined in the "Founding Membership" category received a large number of different benefits that made it a truly in-demand proposition. "Founding Members" paid half of the full member amount in addition to making a significant commitment in time each year. Every "Founding Member" must agree to lead one Due Diligence project each year, while working on one additional DD project during the same period of time. "Founding Members" are also committed to bringing qualified accredited investor guests to meetings and other types of Keiretsu Forum Mid-Atlantic functions.

Assuming that each Due Diligence project requires approximately 20 hours of time, "Founding Members" were essentially exchanging 40 hours of their valuable time for the recognition.

Despite the fact that the "Founding Membership" category will end effective March 31, there is still a limited opportunity for memberships in this category in the New York and D.C. Metro Chapters. Keiretsu Forum Mid-Atlantic is extending "Founding Memberships" to active members who agree to attend at least 60 percent of all Chapter Screening and Forum Meeting engagements, for example. Additionally, they must agree to host at least one to two accredited investor guests during Forum Meetings that they attend.

These limited opportunities will also require people to take an active role in the Region as a Chair or Member of one of the Region's Due Diligence Silos. These people will also agree to provide any available domain expertise whenever possible, and they must complete a Due Diligence Workshop. The workshop can be completed either in person or over the Internet, depending on the preferences and requirements of the individual in question.

Finally, these limited number of memberships will be extended to those individuals who agree to lead at least one Due Diligence pursuit and who participate in one additional project each year.

To find out additional information about either the "Founding Member" program, the limited opportunity to receive "Founding Member" status, or to learn more about Keiretsu Forum Mid-Atlantic in general, please visit the official website at www.KeiretsuForum-MidAtlantic.com for all of these needs and more.

About Keiretsu Forum

Keiretsu Forum is a global angel investor network with more than 1100 accredited investor members throughout 34 chapters on three continents. Keiretsu Forum Mid-Atlantic (www.KeiretsuForum-MidAtlantic.com) consists of four chapters that function as a single entity – Philadelphia, DC, Pittsburgh and New York. Keiretsu is a Japanese term for a group of organizations with interlocking business relationships, and Keiretsu Forum is a group of accredited investors with interlocking investment interests. Each chapter or region meets monthly to present rigorously screened candidates for investments. Keiretsu Forum’s mission is “Great Association with Quality Deal Flow.”

The Mid-Atlantic Region presents approximately four new deals a month, 50 a year, to its members and accredited investor guests. Slightly more than 10 percent get funded, which is higher than the industry average. Approximately 36 funding applications are submitted each month to the K4-MA DealRoom website, www.K4-DealRoom.com and vetted by industry specialists. Of the 36 funding applications submitted, about 10 are then vetted by members at monthly screening meetings. There, they participate in a highly structured presentation-and-feedback-learning session. Three to four of the screened companies are then invited to present at subsequent monthly Forum meetings. Entrepreneurs invited to move forward to the Forum meetings must participate in mandatory professional coaching sessions to optimize the delivery of their presentations and also agree to participate in the road show to all four cities in the region, with exposure to 100-150 investors. Subsequently, all 1100+ members post information about their companies on the organization’s online global deal room for reference. For global information visit: www.KeiretsuForum.com.

K4-MA Contact:
Howard Lubert
Mid-Atlantic Region Co-Founder and Area President
Keiretsu Forum Mid-Atlantic
HLubert@KeiretsuForum.net

Media Contact:
Kosi Harris
Percepture
kosi@percepture.com