Helping Entrepreneurs Get Capital
The COBE Funding Accelerator is a partnership between the College of Business and Economics (COBE) and VentureCapital.Org (VCO). Led by COBE executive in residence, John Williamson, the COBE Funding Accelerator delivers a venture accelerator service to Idaho that gives innovative entrepreneurs a much higher probability of success in raising the critical investment capital necessary for them to grow their businesses here in Idaho. In doing so, the emerging companies can increase their impact on the Idaho economy including job creation — providing jobs for our Boise State University College of Business and Economics graduates. The principal product offered to the entrepreneur is access to a world-class mentor team of professionals with a rich background from the investment and entrepreneurial communities, as well as from exceptional service providers who specialize in working with early-stage emerging companies. This mentor program known as the Venture Cooperative Funding Program (VCFP) helps the entrepreneur find money when they need it most.
The Successful Pitch
Investors will generally afford entrepreneurs a brief amount of time to share their elevator pitch – once. What entrepreneurs say and how they say it with influence is a skill that requires practice, strategy and hard work. Our Cooperative Venturing Mentor program provides a safe environment for entrepreneurs to make the right first impression through a series of hosted events known as Deal Forums. Our most successful candidate companies are invited to present at Investor’s Choice where nearly 70% of our participants develop relationships with investors which result in funding within a 6 to 12 month period.
Through our Cooperative Venturing® Program, we will help you:
- Understand how to make a positive first impression to investors.
- Discover what makes your deal attractive and/or unattractive to investors.
- Increase your fundraising network.
- Experience investor feedback following presentations.
- Accelerate your search for capital.
Do you have what it takes to be the next company to change the world?
Apply to find out! Investors Choice Capital Conference and Deal Forums.
A cornerstone of the COBE Funding Accelerator is the internship experience available to our students. It is anticipated that between the VCFP and the EDRLF we will be able to provide between 10 and 15 internships each academic year. This volunteer experience is rich in opportunity. The students will graduate having developed a broad network of contacts from within our mentor program, many of whom may be potential employers or significant references. Students from all fields of study may participate, and they will gain a practical understanding of how a business strategically aligns their value proposition to attract investment capital.
Stakeholder Steering Committee
The COBE Funding Accelerator also has provided new opportunities to enhance engagement between Boise State University, entrepreneurs, students and industry stakeholders. We have initiated several referrals to University partners including TechHelp, the SBDC, other colleges at Boise State University and numerous outside organizations. In 2018 the COBE Funding Accelerator will host a stakeholder steering committee of representatives who support an agenda of providing entrepreneurs with better access to capital – both treasure and talent. This committee includes the Idaho Technology Council, Keiretsu Forum, Boise StartUp Week, Boise City, Trailhead, Trolley House, The Idaho Department of Commerce, SBDC, Idaho Capital Connect, Venture College and members of the Boise Angel Network. Through this collective group of stakeholders, we will look to offer Idaho entrepreneurs and Idaho investors a series of content-driven events and seminars that will focus on aligning capital resources with innovators in the Idaho market. The intended results of these collective efforts will be to establish a robust capital network to help drive deal flow and opportunities for all within the network.
Together we help Start, Find Money, Change the World.
To learn more contact:
John Williamson, Executive in Residence and Director of COBE Funding Accelerator–Powered by VentureCapital.Org
Micron Business and Economics Building, Room 1120G | (208) 426-3020 | firstname.lastname@example.org