CED Partners with NVCA to Host Jan. 22 Discussion at Brier Creek
Country Club
RESEARCH TRIANGLE PARK, N.C.--(Business Wire)--The Council for Entrepreneurial Development (CED) today announced
that they will host a free, public event featuring Mark Heesen,
president of the National Venture Capital Association (NVCA) to
discuss "The State of Venture Capital" on January 22 from 4:00 - 5:00
p.m. at the Brier Creek Country Club. Heesen will discuss recent
investment activity and provide a snapshot of the venture capital
landscape in 2008.
"North Carolina's economic vitality is tied to our emerging
industries which are greatly impacted by venture capitalists," said
CED President Monica Doss, "so we are excited for Mark Heesen to
provide key insight on the venture capital trends in our area and
beyond."
NVCA is national trade organization that fosters a greater
understanding of venture capital and supports entrepreneurial activity
and innovation. They believe venture capitalists play a critical role
in the U.S. and global economies by supplying the risk equity capital
and management expertise needed to build strong management teams and
successful entrepreneurial companies. Heesen works closely with the
venture capital community, developing NVCA policies and strategies,
and directing the Associations national legislative and regulatory
efforts.
"The contribution of venture capital investment has never been
more important to the Research Triangle and to the nation as a
whole," said Heesen. "The Research Triangle in particular has been a
stellar example of how venture investment can transform and sustain a
community through job creation and innovation. The year 2008 will
bring exciting venture investments in information technology, life
sciences and clean technologies and I am looking forward to sharing
how we believe this region and the country will fare in the coming
year."
Following this event, there will be a Q&A with Heesen and a
networking reception. While there is no cost for this event, advanced
registration is required by visiting www.cednc.org/nvca.
About the Council for Entrepreneurial Development
The Council for Entrepreneurial Development, headquartered in
Research Triangle Park with a divisional office in Wilmington, is a
private, non-profit organization formed in 1984 to stimulate the
creation and growth of high-impact companies throughout the region.
Since 2001, CED has helped triangle-area companies raise over $2.6
billion in venture capital. CED provides education, mentoring and
capital formation resources to new and existing high-growth
entrepreneurs through annual conferences, seminars, workshops and
programs on entrepreneurial management and finance. CED is the largest
and oldest entrepreneurial support organization in the nation with
more than 5,000 members representing over 1,100 entrepreneurial
companies, financiers and professional firms. For more information,
visit www.cednc.org.
About The National Venture Capital Association
The National Venture Capital Association (NVCA) represents
approximately 480 venture capital and private equity firms. NVCA's
mission is to foster greater understanding of the importance of
venture capital to the U.S. economy, and support entrepreneurial
activity and innovation. According to a 2007 Global Insight study,
venture-backed companies accounted for 10.4 million jobs and $2.3
trillion in revenue in the United States in 2006. The NVCA represents
the public policy interests of the venture capital community, strives
to maintain high professional standards, provides reliable industry
data, sponsors professional development, and facilitates interaction
among its members. For more information about the NVCA, please visit
www.nvca.org.
The Council for Entrepreneurial Development (CED)
Cassandra Cranston, 919-549-7500 ext. 110
CED Senior Manager, Marketing
ccranston@cednc.org
Copyright Business Wire 2008
