Angels Descend on Minority Business Enterprises

Investors gather to consider investments in top minority-owned ventures.

Portsmouth, VA (PRWEB) July 17, 2007 -- Virginia Housing and Community Development Corporation (VHCDC) continues its pioneering initiatives to facilitate the flow of capital to Minority Business Enterprises (MBEs) with the announcement of the 2007 MBE Capital Call Conference, Exhibition, and Venture Forum -- September 20 & 21 in Hampton, Virginia. The MBE Capital Call presents entrepreneurs with innovative and marketable business ideas the opportunity to secure capital, and other essential resources, by "Pitching" their business plans to active, accredited investors. This event invites Entrepreneurs, aspiring entrepreneurs, Investors, aspiring investors, and College/University Students to Hampton, Virginia for a rewarding two day conference aimed at facilitating investment in minority- and women-owned businesses.

VHCDC created the MBE Capital Call to expose and connect MBEs, particularly African-American, Hispanic, and Native American entrepreneurs, to capital (funding) to start and grow or expand their business. This year, twenty-one (21) entrepreneurs will be selected to pitch their business plans to active, accredited investors. A team of active investors and business development professionals will select the presenters from among registrations received thru August 10, 2007. Presenters will be judged on several criteria and may pitch plans for virtually any industry/business sector.

Registration is easy, and there's no additional cost to enter the competition. Business owners, aspiring entrepreneurs, investors, lenders, and students may register by visiting the MBE Capital Call website: www.mbecapitalcall.com now for complete details, registration, and terms and conditions.

The 2007 MBE Capital Call is sponsored the Virginia Department of Minority Business Enterprise, and supporting sponsors Virginia Active Angel Network; Creative Investment Research, and P&L Group, Ltd.

About Virginia Housing and Community Development Corporation (VHCDC): Virginia Housing and Community Development Corporation is a privately funded, non-profit organization based in Portsmouth, Virginia and is organized as a 501(c)3 charitable organization. The empowerment-based mission of VHCDC is being realized through its support of entrepreneurship and its innovative approach to making a difference, both here in Hampton Roads and throughout our nation. VHCDC is working to promote and support entrepreneurship, to advance entrepreneurship education and training, to promote entrepreneurship-friendly policies, to connect disadvantaged small businesses to capital and credit, and to facilitate the commercialization of new technologies and services by small, women, and minority-owned businesses which have great promise for improving the economic welfare of our region. For more information, visit VHCDC online at: www.vhcdc.org

About Virginia Department of Minority Business Enterprise (VDMBE): The Virginia Department of Minority Business Enterprise (VDMBE) has the unique responsibility to assure that minority, disadvantaged and woman-owned businesses are an integral part of the communication with other Commonwealth Departments to promote the inclusion of Virginia's diverse population to access capital, receive small business assistance, and provide minority certification procurement opportunities. Among its many activities, VDMBE provides for the Certification of those businesses that wish to achieve the benefits of participation in the Commonwealth's minority business programs. For more information, visit VDMBE online at: www.dmbe.virginia.gov

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