From Vision to Value (continued)    
 

“This was a great networking event,” said John Michel, CEO of Bullrun Financial. “I connected with two venture capitalists that were interested in learning the Bullrun Financial story. I also made a business connection with which we are now exploring a possible partnership opportunity.”

The educational format is designed to walk through the lifeline of a company with the early stage entrepreneur. “The ESE Educational Program on Growing Profitability clued me in on what an early stage start-up like AthenaBio needs to do NOW to be attractive to later-stage investors when our time comes,” said Dr. Barry Marrs, CTO of Athena Biotechnologies.

The highly interactive breakfast networking and panel series provides attendees with the opportunity to ask experts about Capital Formation, Growing Profitability, Valuing Employees, and Creating Liquidity. Each part of the series highlights regional venture capitalists, service providers, and successful entrepreneurs and is held at the Comisky Conference Center in Center City Philadelphia.

The first two parts of From Vision to Value have been a great success. Part III of the series, Valuing Employees will be held on Wednesday April 19, 2006 from 7:30am to 10:30am. For more information on From Vision to Value email us at [email protected] or visit the website at www.earlystageeast.org.

Growing Profitability Panel

Alan Zeiger, Blank Rome (far left), Arthur Birenbaum, The Bancorp Bank, Michael Brown, Ballard Spahr Andrew & Ingersoll, Steve Hobman, NewSpring Mezzanine Capital, Sean Sands, Navigant Capital Advisors.

Value session on Capital Formation. Approximately 80 attendees came to our first From Vision to Value session on Capital Formation.