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Insider Tips on How to Engage Venture Capitalists

December 8, 2008 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

As professional investors who raise pools of capital from institutional, corporate and individual investors, venture capitalists (VCs), are a highly sought-after group. Although many early stage CEOs seek VC funding, only a select few actually get it.

For example, at a recent Northwest Entrepreneur Network breakfast meeting, Managing Director Lucinda Stewart of OVP Venture Partners explained, “OVP does about six to nine deals a year, which is whittled down from about 3,500 contacts, of which maybe 200 or so are a possible consideration and only 10 percent move on to the due-diligence stage.”

Full Story: http://www.nwen.org/blog/2008/11/21/insider-tips-on-how-to-engage-venture-capitalists/