Making its much anticipated first move to help the local economy,
Grow50™ announced it will be providing prizes for the First Look Forum.
The First Look Forum takes place twice a year and is a competition
involving hundreds of entrepreneurs from around the Pacific Northwest. After a
series of screening rounds, a dozen surviving finalists present their
businesses to a group of around 60 Venture Capitalists and Angels. Eventually
the VCs select both the most promising business and a second placed
Jonathan Copley, CEO of CFOCare the business
consulting firm that founded Grow50™, announced the winner will receive $50,000
worth of professional fees from Grow50™ members, and the second-placed finisher
will receive $25,000 worth of professional fees. Prize-winners will select from
a menu of professionals who are specialists in substantially all the skills
needed to help their early-stage businesses.
Michael Baum, CEO of Exo Labs, who won the
First Look competition in October 2012, expressed enthusiasm for the Grow50™
initiative. He remarked that with hindsight winning a Grow50 prize would have
saved him significant amounts of time which as an entrepreneur is his scarcest
North West Entrepreneurs Network Director, Dan
Rossi, the not-for-profit that organizes the First Look Forum, noted that
Grow50™ had generously agreed to sponsor both this year's First Look events for
a total prize in 2013 of $150,000 and commented that "We are thrilled to
Spring First Look Forum takes place on April 19 2013. Read More
Update: The Winners are...
Winner of Spring '13 First Look Forum - MovingWorlds - co-founder Mark Horoszowski on the right of the picture
2nd place finisher - Cart Blanche - founder Joel Espelien
on the left.
The two winners were selected by a group of around 60 angels and venture capitalists at the First Look Forum at NWEN in Seattle.
Congratulations to both companies!
Grow50 is a consortium organized by CFOCare Inc. Content copyright CFOCare Inc. All rights reserved.