{"id":2442861,"date":"2019-04-11T15:10:08","date_gmt":"2019-04-11T21:10:08","guid":{"rendered":"https:\/\/www.aspentimes.com\/?p=303979"},"modified":"2019-04-11T15:10:08","modified_gmt":"2019-04-11T21:10:08","slug":"carbondales-coventure-hosts-second-venture-capital-pitch-night-friday","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/kspn\/local-news\/carbondales-coventure-hosts-second-venture-capital-pitch-night-friday\/","title":{"rendered":"Carbondale\u2019s Coventure hosts second venture capital pitch night Friday"},"content":{"rendered":"
Coworkers and Coventure members Elinor Fish and Megan Vanzandt with Run Wild Retreats have a work-related meeting at the Coventure work space in downtown Carbondale on Tuesday afternoon.<\/strong>
Chelsea Self\/Glenwood Springs Post Independent<\/em><\/figcaption><\/figure>\n

Six local companies will vie for capital investment in Carbondale on Friday in an event organizers compare to the popular reality-TV entrepreneurial competition \u201cShark Tank.\u201d<\/p>\n

For Missouri Heights-based business Boulder Learning, having the chance to compete for venture capital funding just a few miles away is a relief.<\/p>\n

Boulder Learning is taking grant-funded research and building it into education software to assist teachers, having acquired a Front Range-based software developer.<\/p>\n

But co-founder and president John Ramo wants Carbondale to be the headquarters.<\/p>\n

\u201cIt\u2019s great, because what we want to do is build our administrative functions out of Carbondale,\u201d Ramo said in an interview.<\/p>\n

The second annual Mountain Pitch Summit, organized by nonprofit business incubator and co-working space Coventure<\/a>, will be different from the inaugural event last year by Coventure\u2019s predecessor, GlenX.<\/p>\n

\u201cLast year, the focus was on community businesses, mostly in Carbondale. We wanted to tell a story that we could help local businesses grow,\u201d said Mike Lowe, executive director for Coventure.<\/p>\n

The event last spring raised $1.25 million for five local companies: Marble Distilling, The Way Home restaurant, aerospace manufacturer Perin Industries, agri-tourism destination Cedar Ridge Ranch and solar company P4P.<\/p>\n

For this year\u2019s event, \u201cwe set out to identify six companies that were in industries that could develop into businesses that could be game-changers for local economies,\u201d Lowe said. The businesses are already well on their way to becoming anchor businesses for the region, Lowe said.<\/p>\n

The six businesses presenting, most of which are from the Roaring Fork Valley, include AppOmni, which makes a cloud-based security software; Atelier, an augmented reality app for home decoration and interior design; education software creator Boulder Learning; iPhone accessory manufacturer iOmounts; Proximity, a co-working management software system; and P4P, which designs tensile solar panel structures.<\/p>\n

Since the first pitch night in April 2018, the business acceleration programs started within GlenX have been re-branded, and dramatically expanded, as Coventure.<\/p>\n

Coventure\u2019s goal is to turn Carbondale and the greater Roaring Fork Valley into a hub of business networking, training, and investing to build a diverse economic base for the region.<\/p>\n

Small-town economies are experiencing three particular challenges, as identified by the Office of Economic Development: Industry diversification, smart growth and talent retention.<\/p>\n

Coventure occupies several floors of the Spruce Building in downtown Carbondale, offering co-working space available to anyone to rent by the day, week or month.<\/p>\n

The pitch event kicks off at the Third Street Center at 3:30 p.m. Friday with a panel discussion on angel investing and venture capital, followed by dinner and drinks from local restaurants, and a keynote address by Marc Nager of the Greater Colorado Venture Fund, which is also one of the investment groups that will evaluate the pitches.<\/p>\n

The other investor groups are Telluride Venture Fund, Four Points Funding and Rockies Venture Club.<\/p>\n

The main pitch event with the six presenting companies will start at 7 p.m., followed by a networking after party. The event is opened to the public, with a $10 suggested donation at the door.<\/p>\n

The online reservations for the event are filling up, Lowe said.<\/p>\n

\u201cWe\u2019re worried that we won\u2019t have enough chairs. I guess that\u2019s a good problem to have,\u201d Lowe said.<\/p>\n

tphippen@postindependent.com<\/a><\/p>\n

via:: The Aspen Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Coworkers and Coventure members Elinor Fish and Megan Vanzandt with Run Wild Retreats have a work-related meeting at the Coventure work space in downtown Carbondale on Tuesday afternoon.Chelsea Self\/Glenwood Springs Post Independent Six local companies will vie for capital investment in Carbondale on Friday in an event organizers compare to the popular reality-TV entrepreneurial competition […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-2442861","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-local-news"},"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-16 13:56:12","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KSPN The Valley's Quality Rock","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/kspn","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/posts\/2442861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/comments?post=2442861"}],"version-history":[{"count":0,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/posts\/2442861\/revisions"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/media?parent=2442861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/categories?post=2442861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kspn\/wp-json\/wp\/v2\/tags?post=2442861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}