Los Angeles County Joins Trend of City Governments Helping Entrepreneurs to get Capital

The Venture Alliances Elliot Reiff speaks before LA County Small Business Commission to discuss the best way for startups to get funded now.

Newport Beach, CA August 22, 2005- As part of its ongoing commitment to aid entrepreneurs, startups and small businesses in Los Angeles County, the Small Business Commission of LA County asked Elliot Reiff COO of The Venture Alliance (TVA) to speak on how entrepreneurs can get the money they need to fuel their company in todays harsh startup climate.

TVA is a group consisting up of Venture Capitalists, Investment Bankers, and Angel Investors with more than $4 Billion in investment capital and a patented scoring method to quickly determine the viability of a startup.

"Were flattered that the LA SBC asked for our input on how to achieve their goals," said Reiff a 25 year investment banking veteran. "Last year 19 of our clients received over $76 Million in funding," shared Reiff. "Wed like to team up with the County of LA to do the same for them," concluded Reiff.

The Commission discussed ways that would assist Los Angeles County entrepreneurs. Topics of conversation ranged from SBA, Angel Investors, Venture Capitalists, investment banks and other ways to help connect entrepreneurs with capital.

# # #