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Meeting Location:
Emerging Enterprise Center at
Foley Hoag the Bay Colony Corporate Center
1000 Winter Street, Suite 4000 (North Entrance)
Waltham, MA 

Meeting Time: 6:30 - 9:30 pm

Meeting Cost:
$25 public, $10 students
and active military

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Map and Directions









Tuesday, May 20, 2008

Deciphering the Funding Value-Chain:  How Seed Capital Scroungers Become Bankers' Best Friends

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Meeting Overview

For our May 20th event, the EntreTech Forum takes a break from its industry-specific theme and refocuses on the issue of how new ventures of all types are funded, starting from their embryonic stages in academic research labs to fully-realized commercialization.  In particular, the EntreTech Forum’s panelists will help the audience understand the funding value-chain from the perspective of the funding sources themselves.  Panelists have been brought together from seed-level government grants and angel funding through venture capital sources all the way to mature investment banking and commercial banking applications.  This forum event will break new ground in bringing together representatives of each funding source all at once.  For all of those individuals interested in understanding the inputs, outputs, incentives, and issues from the standpoint of venture funding sources, this is a must-attend event.

Moderator:

Mr. Andrew Fairbairn, Managing Principal, Fairbairn Ventures.

As Managing Principal of Fairbairn Ventures, Andrew partners with driven entrepreneurs to rapidly prove out value propositions and to build solid growth companies around that value.  Prior to establishing Fairbairn Ventures, Andrew was a founding partner and Principal of JVKellyGroup, Inc. (JVKG), a New York-based management consulting, performance management and software development firm.  He has also served as Vice President of Deutsche Bank, focused on corporate venturing in financial technology companies and strategic planning roles in New York and London.  Andrew began his career with UBS Securities in New York, where he worked on global telecommunications industry financings, across a range of geographies and investment banking product disciplines.  Andrew earned his B.A. in Economics (1996) and M.A. in International Development Policy (1997) from Stanford University.

Panelist:

Mr. Robert Kispert, Massachusetts Technology Collaborative

Bob Kispert is Program Director, Federal and University Programs, JAII at the Massachusetts Technology Collaborative, the state's development agency for renewable energy and the innovation economy, which works with cutting-edge companies to create new jobs and stimulate economic activities throughout Massachusetts.  As the university and federal programs director at the Innovation Institute, Bob is in touch with a wide circle of professionals in this area.  Prior to joining MTC, Bob provided consulting services to a variety of domestic and international technology based firms in the software, instrumentation, consumer electronics, energy, and environmental business sectors.  He has served on source evaluation panels for federal and industrial organizations.  He is the former President of Dynatech Scientific, Inc., a research and development services, testing and instrumentation manufacturer serving government, institutional and industrial markets.  Bob holds S.B. and S.M. degrees from the Massachusetts Institute of Technology and is the author or co-author of a number of technical and management reports and papers.

Mr. Eric Shealy, Innovation Advisors

Eric Shealy brings a strong background in investment banking, operations and venture capital.  With 20+ years of experience, Eric has completed more than 20 M&A and capital raising transactions covering a broad range of technology sectors including work with both public and private companies in executing growth and liquidity strategies involving acquisition, divestitures, restructurings, and capital raisings.

Prior to joining Innovation Advisors, Eric spent 6 years as a Managing Director at Covington Associates, a specialty investment bank based in Boston , where he led their technology practice and completed over 15 transactions.   Before Covington , Eric founded NewBridge Associates, an M&A advisory firm where he sourced and completed 6 transactions for primarily internet-related companies over a 2 year period.  Eric’s operating experience includes stints as head of business development for ON Technology, a publicly traded networking software company, Director of Corporate Development for Amnet, Inc., a venture backed consolidator of ambulance companies, and a variety of product management and general management roles at Everex Systems, a publicly held manufacturer of PCs and peripheral products.  Eric also spent 5 years at Summit Partners, a leading venture capital firm.  Eric received a BA degree in Economics from Boston College .

Mr. Jay Schwartz, Boston Harbor Angels & Stage 1 Strategies

Jay is currently an angel investor and member of Boston Harbor Angels serving as a member of both the executive board and life science committees.   His specialty is in the life sciences.  In addition to his role at Boston Harbor Angels, Jay consults through his company Stage 1 Strategies LLC to companies regarding business strategy, competitive intelligence, and business development, due diligence, corporate finance and interim management.  At his last company, he served as co-founder and principal scientist at engeneOS, Inc a venture-backed company.  Jay has performed research on many aspects of cardiovascular molecular medicine, bioassay development, diagnostics and gene therapy at M.I.T and Harvard Medical Schools . Have served as Research Scientist Faculty at the M.I.T. Center for Biomedical Engineering. Continues relationship with M.I.T. as a member of the MIT Venture Mentoring Service and a Deshpande Center Catalyst.

Mr. Rob Day, @Ventures

Rob Day joined @Ventures in 2007, and operates out of the firm’s Boston-area office. He currently holds an observer seat on the boards of Powerit Solutions and M2E Power.  Prior to joining the @Ventures team, Rob was an investor with Expansion Capital Partners for over two years, where he was an investment principal responsible for various aspects of that firm’s clean technology venture capital activities, including investments in Tiger Optics, SensorTran and Orion Energy Systems.  Rob was formerly a consultant with Bain & Company, where he worked with companies and evaluated private equity transactions in the energy/ utilities, telecom, IT, health care and retail industries. Earlier in his career, Rob was also a founding member of the World Resources Institute's Sustainable Enterprise Program, where he developed partnerships with companies across a wide range of industries to foster new business opportunities with economic, environmental and social benefits. Rob is the co-author of The Next Bottom Line: Making Sustainable Development Tangible, co-leads the Renewable Energy Business Network (www.rebn.org), and authors the website Cleantech Investing (www.cleantechvc.com).  He also serves on the advisory boards of the New England Clean Energy Council (www.necec.org) and GreenTech Media (www.greentechmedia.com).  Rob received his MBA at Kellogg Graduate School of Management ( Northwestern
University), and his BA at Swarthmore College
.

Mr. William Sweeney, Senior Vice President and Managing Director, Comerica Bank, Venture Capital Group

Bill Sweeney is currently the Managing Director of Comerica's Venture Capital Group in Waltham, MA, where he oversees delivery of Comerica's broad platform of financial services, including banking, financing and advising Venture Capital backed emerging technology companies.  Bill focuses on companies in the technology sector, with particular emphasis on Software, Internet & New Media, and Communications & Wireless sectors.  Prior to Comerica, Bill held senior management positions at Deloitte & Touche and Arthur D. Little.



 

 

   















Lawrence C. Grumer | Tel: 617-325-9852 | e-Fax: 484-303-9852 | lgrumer@taacorp.com