Preparations are underway for next month’s New Jersey Founders & Funders event, hosted by the New Jersey Economic Development Authority (EDA). Held at the EDA’s Commercialization Center for Innovative Technologies in North Brunswick, the event enables early-stage businesses to meet with potential investors in 10-minute, one-on-one “speed dating” sessions to discuss strategy, business models and funding opportunities. A few spots are still available for technology and life science companies to register for the EDA’s upcoming New Jersey Founders & Funders event, scheduled for April 27. To apply, visit https://application.njeda.com/tls/.
@NJEDATech recently reported on the advice that entrepreneurs glean from meeting one-on-one with investors. But what do the investors find most beneficial for their attendance at New Jersey Founders & Funders? Venture capitalist (VC) Jay Bhatti, Co-founder and Chief Technology Officer of BrandProject, shared his thoughts:
“I have attended two New Jersey Founders & Funders events and found them to be highly useful and engaging. I have gone deep into engaging with some of the companies afterwards and looked at term sheets with two of them. The quality and volume of companies I can see in one day at a New Jersey Founders & Funders event is hard to beat at any other event in New Jersey.”
Bhatti also has the following words of wisdom for attendees at next month’s event:
“You only have 10 minutes to talk about your concept. So, don’t waste time asking the VCs about how their fund works, what they look at, etc. You should have done that work beforehand – it shows you are prepared. Also, make sure to go right into why your product is special and unique so that you leave enough time for the VC to ask questions. You should be able to explain your product within two minutes and get the VC excited enough to want to dive deeper.”
The following investors have already registered for the April 27th New Jersey Founders & Funders event with more expected to attend: