Financing the Entrepreneurial Enterprise Course in Crowd-Financing Begins Sept. 19

BUSINESS News:

Local entrepreneurs are invited to take a course on launching a startup and getting it funded at the Los Alamos Commerce and Development Corporation (in the Small Business Center, behind the Post Office).

Nicholas Seet, the founder of the Los Alamos Venture Accelerator (LAVA), will teach Financing the Entrepreneurial Enterprise noon to 4 p.m., each Friday beginning Sept. 19.

The class will be hands-on, project-based and cover entrepreneurship theory and best practices, building a team, identifying resources, and raising funds.

Seet is an expert at financing startups: His first startup, Auditude, was funded for $1 million. Then, in 2005, Seet won the Rice University Business Plan Competition and received $1.1 million in cash and prizes. In 2011 he sold Auditude to Adobe for a low-nine-figure number.

His past students have successfully raised money for their own business ventures:

  • Seet’s fall 2013 student teams were able to raise over $10,000 in several successfully executed crowd-financing campaigns.  Seet attributes their success to adequate preparation and cultivation of their support networks, two important elements of his class.
  • Two of Seet’s students from the fall of 2013 class (the creators of ClipCam and GFP Biotech) were chosen to present their ideas and/or technologies to a panel of business and subject matter experts at the Los Alamos Discovery Day, sponsored by Jaynes Corporation, last February.
  • The Los Alamos Beer Co-op took Seet’s class and began raising money to meet their long-term goal to raise the money for professional brewing equipment and to create a taproom for locally brewed craft beer.

In Financing the Entrepreneurial Enterprise, Seet will give step-by-step guidance on how to secure funding and launch a startup.

To sign up and to get notifiedabout future events that are sponsored by LAVA, join their mailing list up at www.lava.guru.

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