Venture Capital Funds Angel Investors to Decide on the Top 50 Emerging Companies Nationwide



FundingPost (http://www.FundingPost.com/) proudly announced the start of its third annual Pitching Across America(TM) competition today, sponsored by PR Newswire. FundingPost, which has been introducing entrepreneurs to investors for over 5 years, established the competition in 2004. In the past two years, more than 200 Venture Capital Funds and Angel Investors have participated as judges, voting on over 700 business summaries from emerging companies nationwide. They have been the largest Venture Capital competitions ever organized.

The Pitching Across America competition not only showcases emerging companies to investors, but also helps Venture Capital and Angel Investors quickly identify worthwhile investment opportunities. Many of the judges request additional information and meetings with the participating companies. FundingPost expects to duplicate its success from previous Pitching Across America events again this year.

The emerging companies's8217; executive summaries will be evaluated on a scale of 1 to 10. Judging criteria consist of several key points including: the professionalism of the written summary, current stage of development (customers, revenue), competitive advantage and need in the marketplace, feasibility for success, and whether the company is VentureWorthy(TM).

We are proud to be sponsoring Pitching Across America again this year. The level of interest from both the Venture and Angel communities and the entrepreneurs who participated in Pitching Across America(TM) in previous years has been tremendous, said Joe Rubin, Director, FundingPost. Everyone who participates really sees the value in the competition. We expect to find another 50 compelling companies this year.

The 2005 National Winner of Pitching Across America was CFN Services, Inc., a Virginia-based telecommunications infrastructure services company. The 2004 National Winner of Pitching Across America was Remote Play, Inc., a provider of innovative RFID-Command & Control and RFID-Distance Estimation wireless technology. Both the 2004 and 2005 winners have raised capital since the competition. The Pitching Across America competition has also received praise from its investors/judges.

Of the 2004 competition, Bill Funcannon, Partner, OVP Venture Partners, said, FundingPost'ss latest Pitching Across America event was stellar. As a judge representing the top-tier fund in the Pacific Northwest, I was impressed by the 50 companies selected from a list of more than 400 entries. The start-ups chosen for the final round represented a real balance of companies between earlier- and later- stage investing. There is a natural mix of winners from industry segments based on market opportunities, and a balance between risk and reward for venture capitalists and entrepreneurs alike.

The FundingPost competition provided an efficient vehicle in which a busy VC could quickly evaluate many investment opportunities, said Daniel Penberthy, Rand Capital. Much has been said about entrepreneurs always having their 'selevator speech's ready. Well, this is the 'selevator of today's and entrepreneurs need to be able to summarize their business opportunity in a few paragraphs instead of minutes, if they are to be successful in today'ss fundraising environment.'s8221;

About Fundingpost:
FundingPost is an entrepreneur and investor network reaching more than 80,000 executives and 6,000 Venture Capital and Angel Investors across the nation each month.

For over five years, FundingPost has worked with thousands of Angel and Venture Capital Investors and Entrepreneurs. FundingPost has hosted over 5,000 CEOs and 600 Venture Funds at events in 15 cities nationwide, as well as providing a quarterly Dealflow magazine and a deal-exchange Website that has, on average, seen an introduction of an Investor to an Entrepreneur every business day since its inception. FundingPost's8217;s mission is to reach investors and entrepreneurs in every medium possible 's8211; both online and offline, and it is experiencing strong growth as the venture capital markets continue to improve worldwide. For more information: http://www.FundingPost.com

About PR Newswire:
Now in its 51st year, PR Newswire Association LLC (www.prnewswire.com) provides electronic distribution, targeting, measurement, translation and broadcast services on behalf of some 40,000 corporate, government, association, labour, non-profit, and other customers worldwide. Using PR Newswire, these organizations reach a variety of critical audiences including the news media, the investment community, government decision-makers, and the general public with their up-to-the-minute, full-text news developments.
Established in 1954, PR Newswire has offices in 11 countries and routinely sends its customers's news to outlets in 135 countries and in 30 languages. Utilizing the latest in communications technology, PR Newswire content is considered a mainstay among news reporters, investors and individuals who seek breaking news from the source.

PR Newswire'ss leading services include Disclose, ProfNet Experts(SM), eWatch(TM), MEDIAtlas(TM), NewsPrompt(TM), Search Engine Visibility (SEV) and MultiVu(TM). PR Newswire is a subsidiary of United Business Media plc of London.





Venture Capital Funds Angel Investors to Decide on the Top 50 Emerging Companies Nationwide