Summit to Focus on Angel Investing

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An event examining angel funding and entrepreneurship is set for next month in Indianapolis. The 2013 Midwest Empowering and Entrepreneurial Ecosystem Summit will feature presentations from the Indiana University Kelley School of Business and Kansas-based nonprofit Angel Resource Institute. August 26, 2013

News Release

INDIANAPOLIS, Ind. - StepStone Business Partners is partnering with the Indiana University Kelley School of Business and The Angel Resource Institute (ARI) to provide educational sessions for angel investors and entrepreneurs interested in equipping themselves with the right tools for successful ventures and alternative investing. With interactive sessions on vision, marketing, operations, and finance, Kelley faculty will lead discussions designed to empower entrepreneurs to lead critical aspects of their ventures, and successful entrepreneurs will provide hands on coaching in the applications of those learnings. ARI faculty will lead sessions on both the basics and the more sophisticated aspects of angel investing and how to strategically optimize investments in new and growing companies.

The two-day agenda for the Angel Investor and Entrepreneur tracks are as follows, with registration and a complimentary breakfast beginning at 7:30am on both days.

Wednesday, Sept 25 7:30am - 9:00pm

-Angel Investing 101

-Angel Investing Overview (ARI Faculty)

-Developing your Pitch (Kelley School Faculty)

-Defining your Vision

-Developing Strategy

-Market Research

-Operations

-Finance

-Bringing it Together as The Pitch

-Lunch

-Live Entrepreneur Pitches

-Social Hour, Dinner & Keith Krach, Keynote Speaker

Thursday, Sept 26 7:30am - 6:00pm

-Bob Knowling, Featured Speaker

-Angel Investing 201 (ARI Faculty)

-Company Valuation

-Due Diligence

-Pitch Refinement

-Lunch & John Ayliffe, Featured Speaker

-Final Pitches and Awards

-Networking Reception

Enrollment of entrepreneurial companies in the 2013 Midwest E3 Summit is limited to 20 companies. Ten companies will have the opportunity to pitch to angel investors and entrepreneur coaches on Day 1 and five of those companies will be invited to further refine their messaging and pitch to investors on Day 2.

The Midwest E3 Summit is seeking ventures that are beyond their initial launch phase and ready for their first round of outside investment. In order to submit a pitch, the company should have achieved one of the following:

-Secured $100,000 in early stage funding

-Have three or more paying customers

-Seeking $200,000 or more in funding from angel investors (e.g., StepStone Angels) to commercialize and grow

Pitch submission deadline: September 10, 2013

Entrepreneurs selected to participate will be notified by September 14th, 2013. If your company is chosen, a $500 registration fee is required to participate. The registration fee covers full registration for 2 individuals.

Angel investors, entrepreneurs and students who are interested in learning more about or registering for the Summit or submitting a company pitch may do so at http://www.MidwestE3.com.

About StepStone Angels and StepStone Business Partners

StepStone Business Partners is based in Indianapolis, Indiana, and was established in 2008 to help stimulate economic growth and prosperity in the region by linking quality investors with high-potential early-stage companies.

We offer personalized services to our angel investors and entrepreneurs through a unique process that combines education and superior due diligence. Our goal is to maximize the value that we bring to our clients by leveraging our rich experience in early stage start-ups and capital procurement as well as excellent relationships in the industry that allow us to deliver results and solutions that create win-win situations for all stakeholders.

StepStone Angels is a formal network of more than 60 active angel investors located in Indiana, adjacent states, and beyond. Angel chapter meetings occur six times each year in Indianapolis, Lafayette, Warsaw and Bloomington, Indiana. For more information about StepStone, to become a member of StepStone Angels, or for investment consideration for your company, please visit www.stepstonebusinesspartners.com.

Investment Criteria:

-Life sciences, medical devices, diagnostics, healthcare products, information technology solutions and/or services

-$100,000 to $500,000+ equity or convertible debt investments

-Pre-revenue to $15 million revenue

-50 percent+ annual revenue growth rates

-70 percent+ gross margins and proven profitability

-Headquartered in the Midwest (generally, Indiana, Illinois, Kentucky, Michigan, Ohio, and Wisconsin)

-Serve as either lead or co-investor

Source: StepStone Business Partners