Some 350 people – including entrepreneurs, investors and business professionals – have met to begin possible investment discussions at this year’s 20th annual InvestMidwest Venture Capital Forum.
The discussions began at the InvestMidwest forum, held March 19-20 in Kansas City, Mo., where entrepreneurs representing 36 companies from 15 states presented their business cases to prospective investors.
“We have received some great responses about this year’s InvestMidwest,” said Chris Walsh, InvestMidwest Executive Director. “We’ve already heard from several investors who attended who said they were impressed by the companies they saw at this year’s event.”
The 36 presenting companies were chosen by a selection committee from more than 140 applications from young, fast-growth companies seeking at least $1 million in investment to help spur their rapid, robust growth, Walsh said.
Entrepreneurs presented to venture capitalists, private and corporate investors, and other business professionals. “These young companies represent some pretty spectacular high-growth businesses seeking to power their businesses to a new level,” Walsh said in a news release.
She added: “The event always has attracted a great group of venture capitalists, angel investors, and corporate investors, and this year was no exception.” Presenting companies have raised over $1 billion in equity, corporate collaborations and exit proceeds, according to Walsh.
Companies presented in one of three separate industry tracks – technology, agriculture/food/bioenergy, and life sciences. Presenters were given up to eight minutes to pitch their business cases to prospective funders. The forum provided additional opportunities for entrepreneurs, prospective investors, and business, legal, and financial professionals to meet privately.
Two featured speakers shared their insights and experiences at the forum. Tim Barton, Freightquote Founder, Chairman and Chief Executive Officer addressed the attendees at the event breakfast. Steven St. Pater, MD, Founder and Managing Director of Vie Ventures, a life sciences venture capital company, spoke during the luncheon program.
The event alternates between Kansas City and St. Louis. The 2020 InvestMidwest Venture Capital Forum will take place in St. Louis. Historically, the application period has opened in October, with the deadline for entrepreneurs to apply to present at the forum in January.
Visit https://www.investmidwestforum.com/ to learn more.