"This is an exciting opportunity for investors." --Dr. Michael Newell, North Bay iHub
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Rohnert Park, CA (PRWEB) November 7, 2010
With the rest of the economy still in low gear, the North Bay iHub is revving up to accelerate start-up investment. The iHub is bringing together investors from around the Bay Area to hear from exciting new technology and green business ventures based in the North Bay and elsewhere at the 2010 North Bay Investor Summit. The event will take place on November 10 at the Sonoma Mountain Village Event Center in Rohnert Park. Ten companies were chosen from a lineup of more than 50 applicants with funding needs in the $250,000 to $1.5 million range. Stirrings of the Telecom Valley heyday – with a present day focus on cleantech and other burgeoning fields – are evident at the 2010 NBIS where as many as 200 investors will converge to hear presentations.
“It’s an exciting opportunity for the presenting companies, but also an exciting opportunity for the investors. They will be hearing from some of the best start-ups in the greater Bay Area,” said Dr. Michael Newell, Executive Director of the Sonoma Mountain Business Cluster, the coordinating organization for the North Bay iHub. Newell was on the committee to determine who would win the right to present. The 2010 NBIS is being produced in partnership with Keiretsu Forum and the North Bay Angels.
The 2010 North Bay Investor Summit is subtitled Cars, Cabernet and Cash. In addition to the 10 pitches by start-ups, investors will enjoy an exotic and performance car expo and premium cabernet wine tasting. The Exotic and Performance Car Expo sponsored by Tesla Motors and Fantasy Junction will showcase and encourage test drives of the Tesla Roadster, the newest sensation to hit the performance automobile market. Fantasy Junction will be displaying two cars valued at $600,000 a piece: a beautiful red 1968 Bizzarrini 5300GT Strada and a stunning1960 Mercedes-Benz 300 SL Roadster. In addition, attendees will have the opportunity to taste California’s finest expressions of Cabernet Sauvignon from Amapola Creek, Eric Ross, Michel-Schlumberger, Robert Hunter and St. Francis Wineries. The Key Note Speaker for the event is Barry Schuler, former CEO of AOL and current CEO of Raydiance.
This special event is open to all accredited investors. Event registration is at http://conta.cc/anKkFX.
The ten high-quality investment opportunities in technology-based companies from the North Bay and greater Bay Area who will present include: Aspen Air, GAGA Sports, Indigenous Design, Kaia Foods, Metricly, Native Cloud Systems, Nexus e-Water, Restec, Sapheon, and SeePort. Companies that present at NBIS are typically in their seed or A rounds.
For more information, visit http://www.somobc.org. The NBIS is one of many programs offered through the North Bay iHub, one of 12 innovation hubs certified by the state of California to foster business innovation, entrepreneurship, and job creation. For more information on the North Bay iHub, visit http://www.northbayihub.org.
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