LAVA’s Nik Seet leads Thursday’s information session, ‘Getting Your Company Financed’ at Unquarked in Central Park Square. Photo by Mandy Marksteiner
Entrpreneuers gather Thursday at Unquarked for the information session, ‘Getting Your Company Financed’. Photo by Mandy Marksteiner
Twenty five entrepreneurs met at Time Out Pizza Thursday for a “Getting Your Company Financed” information session hosted by Nik Seet.
Representatives from Los Alamos National Laboratory’s Community Programs Office and the Feynman Center for Innovation were present, as well as entrepreneurs from LANL and Santa Fe.
The information session included a video-conference with investor Paul Singh, lunch and a presentation of the Lean Canvas and elevator pitches.
During the meeting, attendees learned:
- high level secrets of pitching business ideas in the most compelling way possible;
- strategies for preparing proposals that lead to funding opportunities;
- a nine-step formula for writing a persuasive elevator pitch that answers all of the important questions;
- a method of getting a full business plan on paper in under 20 minutes; and
- planning tools that make it easier to discuss a business plan so that investors will consider funding the idea.
The attendees put the skills and tactics they learned to immediate use. Many of the attendees were applying for funding or preparing for the upcoming Startup Flight PitchFest, where they will have the opportunity to ask for funding from a group of visiting venture capitalists, including Paul Singh.
The Startup Flight PitchFest is 6 p.m. Tuesday, April 5, at Unquarked Wine Bar in Central Park Square in downtown Los Alamos. The event opens with a keynote speech from Singh about entrepreneurship. Then 6:30-7 p.m., a limited number of entrepreneurs will present 90-second elevator pitches. The next day a few entrepreneurs will be invited to have private office hours with these investors.
The event is part of Singh’s 2016 Results Junkies Tech Tour.
Singh is travelling across the country in his custom Airstream trailer in order to meet entrepreneurs, and along the way he plans to invest in at least 20 companies. His investments typically range from $50,000 to $250,000. In addition, he will be inviting other investors who can also provide enough funding to bring a business to the next level.
All local entrepreneurs are encouraged to attend the Startup Flight PitchFest and Happy Hour. To sign up for the elevator pitch competition, have a chance to be invited to the private office hours or to get a recording of this valuable information session, contact Seet at email@example.com.