Developing the Launch Ramp to the Future
As we have talked with entrepreneurs and investors over the past couple of months, one theme comes up quite often. It’s often subtle, but the essence is “This isn’t Silicon Valley. What do you hope to achieve?” The answers, respectively, are “nope–it’s not” and “a lot.”
What we are striving to achieve through the networking events, speaker series, Startup Weekend, and (most directly) the investment forums is a ramp. A ramp that will allow a person with an idea and talent to launch a business. For this ramp to work, we have to make sure that those with capital can connect to those with the ideas. This includes the whole range of investment, from small loans and financing to Angel investors to institutional investors. This ramp needs to allow institutional investors be on the front row as companies develop from ideas to outstanding investment opportunities. The ramp needs to include resources for young companies, such as those provided by EmergeMemphis and BioWorks. When this ramp is in place, talent will remain in Memphis, and the investment rewards will also reside in Memphis, providing a powerful multi-faceted attack on some of the issues we have in the city.
Optimistic? Sure. A big goal? Yep. Going to happen tomorrow? Nope. But, we believe it can. It requires the work of multiple organizations–we applaud the activities of BioWorks and Memphis Fast Forward, and we know that what we are doing is only a part of the overall puzzle. It’s going to take work. And it’s going to be worth it.
Hopefully you are wondering what you can do to be a part of making this happen, so here are some thoughts:
Entrepreneurs (a.k.a., anyone with an idea they believe in): Participate in the various LaunchMemphis events and talk to us about participating in the Investment Forum. Get to know others involved in LaunchMemphis and maybe find a partner or an investor who can help you turn your dream into reality.
Angel Investors (a.k.a., those with money to invest): Let us know you are interested in attending the Investment Forum and/or the types of companies you would be interested in investing in. We’ve heard some very interesting ideas and concepts recently, and we want you to have a chance to hear them and help make them a reality.
Businesses (a.k.a., those with resources and an interest in the health of Memphis): Help us by sponsoring some events. Help spread the word to employees and contacts to participate. We had a lot of very talented people come together at Tech Fuel.
Institutional Investors (a.k.a., smart people with resources to help companies): Participate in the Investment Forum. Talk to us about what you think we could do to make sure you can find great ideas in your own back yard now or in the future. Let us know of interesting concepts, trends, and companies in the area that we may not have heard of.
Finally, a big thank-you to all those who attended the networking event last week. It was great to see that there are so many people who want to see great things happen and who are willing to be part of the effort to make it happen.
Commercial Appeal Coffee Break Section: “Fill up on ‘TechFuel’”
The Commercial Appeal recently reported on our upcoming networking event.
Commercial Appeal — Coffee Break Section
May 1, 2008Fill up on ‘TechFuel’
“TechFuel,” an idea-sharing and networking event for businesspeople, entrepreneurs and technologists, is set for 5-7 p.m. May 8 at the Fox and Hound, 5101 Sanderlin.
The event is sponsored by LaunchMemphis, recently established by area business leaders to promote entrepreneurship. Get details at launchmemphis.com.
TechFuel: Networking Event, May 8th, 2008 - 5:00pm-7:00pm, Fox & Hound (Sanderlin)
Mark your calendar’s for May 8th, 2008 for the first TechFuel Event which will also serve as the Kick-off of LaunchMemphis activities.
Inspired by other networking events occurring across the country like Tech Cocktail, TechFuel is designed for technologists, entrepreneurs, media (bloggers), and other business professionals to meet, and share ideas in a fun and open atmosphere.
With the first TechFuel event we will also Kick-off LaunchMemphis activities formally. It is our hope to continue these events to grow the Memphis tech community and better connect members. The event is open to the public, and will be held at the Fox and Hound on Sanderlin.
