VentureConnect - An investment hub in Eastern Europe

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Send in your applications until November 15-th

VentureConnect is a projects aimed at facilitating investors’ direct contact with local IT, Online, Technology East European entrepreneurs who have already established successful businesses requiring additional investment. On November 23-rd, the fourth VentureConnect edition is organized in Bucharest, at Hotel InterContinental. As with previous editions, there are expected between 10 - 15 pre-selected entrepreneurs to pitch their projects to potential investors. Projects can be submitted until 15-th of November.

VentureConnect is the most promising pitching session in the region – having brought to Bucharest two times a year investors from U.S., Western Europe, the Central & East European region as well as Romania.  One of the confirmed participating investors, GECAD Group (http://www.gecad.com), intends to invest EUR 300,000 for the coming three years in the businesses pitched at the VentureConnect meeting. Consequently, top-notch projects from IT, software, technology or e-commerce areas are expected to be pitched at the upcoming edition. In 2010, one of the startup present in the pitching session has raised a EUR 500.000 investment.

For the meeting in November 23-rd, Doug Richard – investor, entrepreneur and founder of the School for Startups project will be present and deliver a considerable feedback for all the present startups. Together with Doug Richard, other investors have announced their presence for the event: Nelson Gray (named the "Business Angel of the Year 2008" by the European Business Angel Network (EBAN), together with Emi Gal, CEO of the Romanian startup Brainient, one of the very few Romanian startups which has been financed by investors from Silicon Valley as well as London, will take part in the pitching session.  

“We are really confident in the talent and technological skills of young entrepreneurs in Eastern Europe, but also in their ability to come up with innovative business ideas and economically viable. We also believe it is time to showcase Romania in a totally different light. We want not only to financially support the projects chosen, but also to advise and to present them to other potential investors as they show significant signs of growth, “said Ana Maria Andronic, Senior Associate Biris Goran and one of the members of the VentureConnect board.

Full details on the admission process can be found on the website: www.ventureconnect.ro, the deadline for project submission for the Bucharest meeting being 15-th of November. Additional information is also found on the VentureConnect Facebook page: www.facebook.com/VentureConnect and Twitter account: twitter.com/VCconnect.

About VentureConnect

VentureConnect was launched in 2010 by Ana Maria Andronic (senior lawyer at Biris Goran) and Daniel Visoiu (Biris Goran Partner) with a group of well known IT/on-line entrepreneurs such as Marius Ghenea (entrepreneur and business angel), Radu Georgescu (President Gecad Group), Orlando Nicoara (CEO Mediafax Group of on-line entrepreneur), Péter Barta (Executive Director of the Foundation Post-Privatization) and Dragos Roua (on-line entrepreneur).