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Technology Investor Forum will link private investors, new businesses

October 29, 1997 Share This!

RICHLAND, Wash. – Private investors will be introduced to new business investment opportunities at a Technology Investor Forum in Richland, Wash., on Thursday, Nov. 13. The event is open to the public.

In the morning, a pre-selected panel of investors will describe their criteria for investment and recommend steps businesses can take to increase their chances of selection for private funding.

The investors then will hear presentations given by four new, technology-based businesses created in the Tri-Cities. Representatives from the businesses will describe their companies, which have developed products ranging from medical devices to energy efficiency equipment to software for corporate credit card purchasing systems. Pacific Northwest National Laboratory, which is co-sponsoring the forum, supported the four featured companies through technology development or by providing business and technical assistance.

In the afternoon, the investors will preview four of the laboratory's most promising emerging innovations with commercial potential in markets including medical, environmental, agribusiness, energy, industrial and consumer products. "This 'technology showcase' will increase private investors' awareness of the long-term commercial potential of technologies under development at Pacific Northwest National Laboratory," said Gary Spanner, manager of the laboratory's Office of Small Business Programs.

"The investor panelists were selected as appropriate 'matches' for the featured new businesses, but we invite other investors to learn about these new ventures and emerging innovations," Spanner said.

Company and product materials from local entrepreneurs also will be on display.

Seattle's Enterprise Capital Resources, the forum's other sponsor, identified the investor panelists from its network of 8,000 private investors in the United States and Canada. "About 30 early-stage companies have been funded by these types of forums in the Northwest during the past 18 months," said James Moore, managing director of Enterprise Capital Resources. The forum is open to investors from 8 a.m. to 5 p.m. at the William R. Wiley Environmental Molecular Sciences Laboratory at the Pacific Northwest National Laboratory in Richland. The forum is free, but pre-registration is required. To register or for more information, contact Gracie Downard, Pacific Northwest National Laboratory, phone: (509) 375-2803, fax: (509) 372-4589, or E-mail: gracie.downard@pnl.gov.

Tags: Energy, Energy Efficiency

Interdisciplinary teams at Pacific Northwest National Laboratory address many of America's most pressing issues in energy, the environment and national security through advances in basic and applied science. Founded in 1965, PNNL employs 4,300 staff and has an annual budget of about $950 million. It is managed by Battelle for the U.S. Department of Energy. For more information, visit the PNNL News Center, or follow PNNL on Facebook, Google+, LinkedIn and Twitter.

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