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HBS to Host Venture Capital Forum for Women
On November 3, HBS will host the first venture capital forum ever held for women entrepreneurs in the New England area. Titled "Springboard 2000: New England" and sponsored by the Center for Women & Enterprise (CWE) and the National Women's Business Council, the conference is designed to increase the investment channels for women entrepreneurs and to facilitate the flow of deals.
"In the last few years we have seen a tremendous increase in the numbers of women launching fast-growth ventures in both the high-tech and the life-sciences industries," notes Andrea Silbert (MBA 1992), CEO and founder of the Boston-based CWE. "However, women-led businesses are still not gaining a significant percentage of venture capital dollars. Springboard 2000 seeks to bring together these top women-led firms with the investment community to propel their growth."
During the conference, 25 to 30 invited representatives of businesses led or managed by women will make presentations to over three hundred corporate, angel, and venture investors and strategic partners. Companies seeking financing will be screened to ensure that they meet stringent standards of quality, in terms of concept, management, and growth strategy.
The HBS conference is the third in a national series of forums. The first two were held in Virginia and in Silicon Valley. At the latter gathering, 26 women made presentations that raised over $165 million in capital. Dean Kim B. Clark will participate in an awards dinner the night before the conference, honoring New England venture capital firms that have made significant investments in women-led firms. HBS professor Myra Hart and Angela Crispi, assistant dean and chief planning officer at HBS, are both members of the conference's steering committee, with Hart serving as chair.
Further information on the event can be found at http://sb.co/.
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