Nevada's Center for Entrepreneurship and Technology

NCET helps Nevadans start new businesses
by connecting them to the resources
they need to succeed

learn more

The dating game

 

 

 

The road weariness showed on Rod Hosilyk’s face as he began his presentation to a panel of eight venture capitalists in Reno last week.

The talk by the chief executive officer of Reno’s Universal Combustion Technologies at the Silver & Gold Venture Capital Conference came at the end of a three-week swing that had taken him to one venture capital conference after another across the United States.

His goal: raising $600,000 now and $7 million early next year to get the company that develops pollution-control devices for diesel equipment up and running.

By contrast, Chip Evans was the picture of freshness as he sought investors to put $5 million to $12 million into GreenDisk Technologies, a Reno-based developer of a new

 

 

 

 

 

technology for computer hard disks. The presentation, Evans said later, marked the first appeal by the young company for venture funding. In fact, he said, its executives had put the final touches on their business plan only two weeks before he stood in front of the deep-pocketed investors scattered around the ballroom of the Siena Hotel. Read full story:

Technorati Tags: , , , , , , , , , , , , , , , , , ,
Share and Enjoy:

  • Print this article!
  • Digg
  • del.icio.us
  • Facebook
  • Google Bookmarks
  • Twitter
  • Diigo
  • E-mail this story to a friend!
  • LinkedIn

Leave a Reply

You must be logged in to post a comment.