International Economic Development Council
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Web Seminar


Developing Community-Based Venture Financing


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Date: Thursday, January 21
Time: 2:30 - 4:00 pm EST
Cost: $85 for IEDC members, $125 for Non-members
Registration deadline: Wednesday, January 20
Login instructions: Emailed to participants on Tuesday, January 19
Last date to request a refund or cancel registration: Monday, January 18

Content contact: Dana Rothstein, drothstein@iedconline.org
Registration contact: Earnestine Jones, ejones@iedconline.org



Businesses that start up and grow in your community are the backbone of the local economy. Unfortunately, the recession has shown how lean financial times can harm the growth of early-stage and growing entrepreneurial companies.

Venture capital, angel funding and other financing options all have been in short supply over the past year - yet some communities still have been able to help their entrepreneurs. By taking proactive and creative steps to establish new sources of funding, these communities have been able to ensure that new companies can get the financing they need to grow and be successful.

Join IEDC On January 21to hear from two communities that have successfully helped entrepreneurs jump-start new businesses. Web seminar attendees will:

  • Hear two successful community case studies
  • Get details on what worked well
  • Discover how to replicate part or all of these programs locally

 

Speakers

Steven W. Weathers, CEcD
President & CEO
Regional Growth Partnerships
Toledo, OH

Steve Weathers has been President & CEO of the Regional Growth Partnership (RGP) since September of 2005; in addition, Steve leads Rocket Ventures as its President & Managing Director. Since Steve's arrival at RGP, the organization, working in conjunction with its many partners in the region, has taken a leadership role that has lead to the creation of more than 4,000 new high-paying, high-skilled jobs in the region. Steve also led the effort to create the region's first ever pre-seed venture fund, Rocket Ventures. Rocket Ventures is a $22.5 million early-state investment fund comprised of $7.5 million of private investment capital, as well as a $15 million grant from the State of Ohio.

Steve has been in economic development for almost 20 years, with 11 of those years in San Diego, California as Vice President of the San Diego Economic Development Corporation and 5 years in Tucson, Arizona as President of the Greater Tucson Economic Corporation.

Steve is also actively involved with the venture capital community, having raised more than $75 million dollars, as well as investing in numerous start-up companies over the years.

Prior to economic development, Steve held various senior management positions with the financial firms of Morgan Stanley and Wells Fargo Bank at their west coast headquarters located in San Francisco and San Diego, California.


Ronald Kitchens, CEcD
Chief Executive Officer
Southwest Michigan First
Kalamazoo, MI

Described by The Economist as “an energetic economic development leader,” Ron Kitchens is the Chief Executive Officer of Southwest Michigan First, as well as the General Partner of Southwest Michigan First Life Science Fund. He is the author of the best-selling book, Community Capitalism: Lessons from Kalamazoo and Beyond, which presents a ground-breaking economic development strategy for individuals, groups and organizations wondering what they can do to make a real difference in their communities. He also writes a monthly business column.

Ron has worked with more than 200 Fortune 500, international and regional corporations as diverse as Stryker, GE Capital, Aker, Celanese, Scholastic, Kiewit, Boeing, Exxon Mobil and Ryan Sanders Baseball. Along with his 25 years of experience as an economic developer and venture capitalist, Ron has successfully started and operated multiple privately held companies. In addition, he has been an elected official and staff member to U.S. Senator John Danforth.

Ron’s work has been recognized with dozens of awards, including the prestigious National Marketing for Results Award, The Wall Street Journal’s Winning Workplaces, the Leadership and Innovation Awards from CoreNet Global and numerous International Economic Development Council Awards.

 

Instructions and Technology

Instructions and dial-in information will be sent up to one week prior and a minimum of three times. If you do not receive an email from IEDC or iLinc Conferencing 24 hours prior to the start of the web seminar, it is your responsibility to contact Dana Rothstein at drothstein@iedconline.org. No refunds or credits will be given for not receiving the dial-in information for the web seminar.


Audio

  • Using a telephone: A touch-tone telephone
  • Using Desktop VoIP: A computer equipped with the following:
    • a supported sound card
    • speakers or headphones
    • a microphone (for speaking during the conference)

Web

  • Microsoft Internet Explorer 6.0, Mozilla Firefox 1.5 for Windows/Mac/Linux, or Safari 2.0 for Macintosh
  • Broadband Internet connection

You can test your computer for compatibility at demo.ilinc.com/systest.

 

Cancellation, Refund and No-Show Policy

• Refunds are available with cancellation until January 18. There are no refunds for cancellations received after January 18.

• All cancellations must be received in writing by email, fax or mail to Earnestine Jones (e-mail: ejones@iedconline.org / fax (202) 223-4745). Cancellations by phone are not accepted.

• All cancellations and requests for a refund after January 18 need to be submitted in writing to Earnestine Jones and will be considered on a case by case basis. There is no guarantee of a refund or credit after January 18 and each will be given consideration under unforeseen circumstances.

 

Attend Web Seminars and Earn Recertification Credits from the Comfort of Your Office

We understand that CEcDs have a constant yearning to grow and improve their knowledge and expertise in economic development. Therefore, the IEDC web seminars have been approved as professional development programs for recertification. The web seminars provide a convenient and cost-effective online environment for economic developers to learn about cutting-edge research, techniques, and tools that are prevalent in the field.

CEcDs participating in a minimum of three (3) web seminars during a three-year recertification cycle can now earn recertification credits. If you have questions or would like more information, please contact Kobi Enwemnwa at kenwemnwa@iedconline.org.

 

About the Collaboration for Success Web Seminar Series

As many economic development organizations, have learned, it is impossible to accomplish projects alone. By building strategic partnerships, economic development organizations are able to be more competitive when working collaboratively. This year, IEDC will present a series of web seminars entitled Collaboration for Success.

 

 

2010 Annual Conference
Web Seminar:  Tax Incentives for Economic Recovery
Upcoming IEDC courses:

Economic Development Strategic Planning
August 5-6 | San Francisco, CA

Technology-led Economic Development
August 26-27 | Lansing, MI

Workforce Development
September 23-24 | Columbus, OH

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