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Angels Descend on MBEs
Investors Seek
Investment Opportunities with Top Minority and Women-Owned
Ventures
PORTSMOUTH, VA (July 16, 2007) - Virginia
Housing and Community Development Corporation (VHCDC)
continues its pioneering initiatives to facilitate the flow
of capital to Minority Business Enterprises (MBEs) with the
announcement of the 2007 MBE Capital Call Conference,
Exhibition, and Venture Forum – September 20 & 21 in
Hampton, Virginia. The MBE Capital Call presents
entrepreneurs with innovative and marketable business ideas
the opportunity to secure capital, and other essential
resources, by “Pitching” their business plans to active,
accredited investors. This event invites Entrepreneurs,
aspiring entrepreneurs, Investors, aspiring investors, and
College/University Students to Hampton, Virginia for a
rewarding two day conference aimed at facilitating
investment in minority- and women-owned businesses.
VHCDC created the MBE Capital Call to expose and connect
MBEs, particularly African-American, Hispanic, and Native
American entrepreneurs, to capital (funding) to start and
grow or expand their business. This year, twenty-one (21)
entrepreneurs will be selected to pitch their business plans
to active, accredited investors. A team of active investors
and business development professionals will select the
presenters from among registrations received thru August 10,
2007. Presenters will be judged on several criteria and may
pitch plans for virtually any industry/business sector.
Registration is easy, and there’s no
additional cost to enter the competition. Business owners,
aspiring entrepreneurs, investors, lenders, and students may
register by visiting the MBE Capital Call website:
www.mbecapitalcall.com now for complete details,
registration, and terms and conditions.
The 2007 MBE Capital Call is sponsored by MBE Capital
Connect™
and the Virginia
Department of Minority Business Enterprise, and supporting
sponsors Virginia Active Angel Network; Minorities & Women
in Business Magazine, Creative Investment
Research, RBC Bank, and P&L Group, Ltd.
About MBE Capital Connect™
MBE Capital Connect™
is a funding catalyst that cultivates business opportunities
by connecting qualified minority-led initiatives and firms
with active, accredited investors (angel investors, lenders,
private equity/venture capital firms, and specialty
financing).
MBE Capital Connect™
enables entrepreneurs to become investor and lender ready,
by assisting to create compelling business plans and
pitches, assembling vital business resources, advising on
strategic business direction, and preparing for investor
scrutiny.
MBE Capital Connect™
connects entrepreneurs and capital! For more
information visit MBE Capital Connect™
online at:
www.mbecapitalconnect.com
About Virginia
Department of Minority Business Enterprise (VDMBE):
The Virginia Department of Minority Business Enterprise
has the unique responsibility to assure that minority,
disadvantaged and woman-owned businesses are an integral
part of the communication with other Commonwealth
Departments to promote the inclusion of Virginia's diverse
population to access capital, receive small business
assistance, and provide minority certification procurement
opportunities. Among its many activities, VDMBE provides
for the Certification of those businesses that wish to
achieve the benefits of participation in the Commonwealth's
minority business programs. For more information, visit
VDMBE online at:
www.dmbe.virginia.gov
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