Speed Venture Summit™ Oversubscribed by Applicant Interest

The NH High Technology Council and NH Small Business Development Center today announced that they are oversubscribed with applications for the Speed Venture Summit™ from both businesses and investors. Members of the public may still register for the networking segment of the Summit. The featured speed-venturing segment matches companies seeking investment capital with private direct pitches to top investors on Tuesday, October 28, 2008 at the Radisson Hotel in Manchester, NH.

Peterborough, NH, October 17, 2008 --(PR.com)-- The NH High Technology Council and NH Small Business Development Center today announced that they are oversubscribed with applications for the Speed Venture Summit™ from both businesses and investors.

“In this tough economic climate, we are delighted that New England’s business and financial communities see so much value in the Summit,” said Tim Platt, marketing producer for the Summit. With its mission of Real Time/Real Investors™, the Speed Venture Summit will feature companies seeking investment capital pitching directly to top investors on Tuesday, October 28, 2008 at the Radisson Hotel in Manchester, NH.

“The market has spoken, and they like what we are offering,” commented Summit Chair Hollis McGuire, director of the New Hampshire Small Business Development Center for Manchester and Nashua. “Now we must deliver, and that involves a lot of hard work by our volunteers to match companies with suitable capital sources and a host of other logistics.

While the private speed-venturing segment has sold out, there are still some openings for the public networking session that begins at 5 PM, according to Julie Gustafson, the Summit’s PR Director. “The ‘buzz’ surrounding the Summit is strong, and getting louder. The presence of many high-profile business leaders will add excitement and energy to the Summit’s focus on being the premier resource for growing businesses.”

Participating companies will represent all sectors and development stages, from start-up to later-stage and will “speed pitch” to the region’s savviest and shrewdest investors, ranging from individuals and Angels to venture capital firms and private equity and mezzanine financers. Organizers expect that a total of approximately 50 companies will speed-pitch to 25 different investor groups in private 1:1 sessions throughout the afternoon. Following the speed venturing segment, the Summit will feature a public business networking session that will include a pitch-off among the day’s top presenting companies.

For more information, or to register for the networking segment, visit www.speedventuresummit.org.

About the NH Small Business Development Center (NH SBDC): The NH SBDC provides confidential business management consulting and educational programs to New Hampshire’s small businesses. The NH SBDC is the only NH agency that has full-time certified business advisors providing on-on-one, long-term, management consulting to small businesses. NH SBDC is an outreach program of the UNH Whittemore School of Business & Economics, and a cooperative venture with the U.S. Small Business Administration, the State of New Hampshire (DRED), the University System of New Hampshire, and the private sector. For more info on the NH SBDC, visit www.nhsbdc.org.

About the New Hampshire High Technology Council (NHHTC): The NHHTC’s purpose is to bring together representatives from the private and public sectors to establish and maintain financial, technical, management, legislative and educational support programs that encourage innovative research and technology-based industrial development in NH. www.nhhtc.org

Contact:
Tim Platt
Board of Directors
NH High Technology Council
603.410.1500
tcp@kinsmanco.com

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Contact
Speed Venture Summit
Tim Platt
603.410.1500
www.speedventuresummit.org
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