Last month, we wrote about how Colorado was described as one of country’s new hot spots for venture capital after venture capital professionals from across the country met with some of the state’s top entrepreneurs at the Colorado Venture Summit.
The initial public offering for companies does not always pay-off the first time around and sometimes subsequent IPOs are required. One Colorado firm is now attempting to raise $35 million through an IPO. It had attempted to raise $75 million in 2012, but those plans fell through when the firm could not locate buyers.
Signpost is a company that produces marketing automation software used by small and medium-sized businesses. It now would like to expand by relocating its Denver office to an 8,500-square-foot location near the downtown area.
At The Broadmoor in Colorado Springs, Front Range entrepreneurs hoping to attract capital heard from the venture capitalists themselves on important steps to take. Venture capital provides money to startup companies in Denver and across the state. The investors had come from states ranging from California to Texas.
One of the most crucial steps in starting a business can be identifying and seeking the funding that is often necessary for startups. Whether a person is reaching out to angel investors or venture capital firms, the goal should be on closing business transactions and securing the financing that can be vital to the initial success of a business.
We have previously discussed how popular Colorado is becoming with entrepreneurs on this blog. Based on a number of factors unique to the state, business owners have been flocking to parts of Colorado to launch their startup business. But a new study confirms just how many startups began last year.
Colorado's network of Small Business Development Centers could receive an additional $300,000 if the House Appropriations Committee passes a bill that was recently passed in a 10-3 vote with bipartisan support by the Economic Business Development Committee.
It takes a lot to start a new business. You need a promising business plan, a lot of know-how and, most of all, enough money to get your idea off the ground.
Venture capital appears to be on the rise in the Denver area and throughout Colorado. That is good news for startups, as they benefitted from $158 million in funding statewide for the third quarter. That figure is almost double the amount invested for the same quarter last year. It also appears that most of the venture capital funding stayed in the Denver and Boulder areas. In particular, two alternative energy companies received almost half the third quarter allotment. In all, the third quarter funds were divided between 876 startups, a 3 percent rise from the same period last year.
Business transactions are the lifeblood of our economy, here in Colorado and all across our country. When an individual or company comes up with an idea that advances technology and offers multiple uses designed to save lives, we all pull up a chair to listen.