Showing posts with label Cash. Show all posts
Showing posts with label Cash. Show all posts

Friday, 25 November 2011

Distilled Intelligence Selects 55 Companies to Compete for Cash and Prizes Exceeding $25K

Washington, DC (PRWEB) October 03, 2011

Distilled Intelligence 1.0, the start-up competition created by Fortify.vc to energize DCs startups and investors, today announced the companies selected to participate at the October 11, 2011 event.


The presenters represent a strong cross-section of technology including big data, cyber security, clean / green tech, critical infrastructure, disruptive technology, analytics, design, enterprise software, medical IT, mobile commerce, SaaS providers, and social platforms.


We had a large number of submissions and many great companies to choose from. The overall quality, diversity and level of talent made this a challenging process, said Adam Fazackerley, General Partner of Fortify.vc and Master of Ceremonies for the event. Initially, the down select number was 50, but the caliber of the startups was so strong that we felt complelled to expand the field.


An independent panel of judges conducted the down select to 55 from a pool of well over one hundred companies with collaboration from the team at Fortify.vc. The full list of presenting companies is available on the Distilled Intelligence 1.0 web site, http://www.distilledintelligence.com/companies.php.


Distilled Intelligence 1.0 will take place on Tuesday, October 11, 2011 from 9:00am to 5:00pm at the Commonwealth of Virginias Center of Innovative Technology (CIT) in Herndon, Virginia. Fifty-five companies will present in the first round, 22 will advance to the second round and finally 11 will compete for the cash and prizes.


This is a unique time for innovation and investing in the Mid-Atlantic region and we are fortunate to see such support for Distilled Intelligence 1.0 from the technology community, sponsors, startups and investors, said Jonathon Perrelli, founder and general partner of Fortify.vc. Although it feels like we are throwing two weddings on the same day as we cater to the needs of both founders and investors equally, all of the hard work will pay off for this region.


The event is on track to draw more than 500 people. Tickets are on sale at http://www.distilledintelligence.com for investors and entrepreneurs who are interested in attending.


Distilled Intelligence 1.0 sponsors include: Access National Bank, Bridgeport Benefit Advisors, CIT, Cooley, DLA Piper, Heiden Group, Loudon County Virginia, Montgomery County Virginia, SecureForce, SpeakerBox Communications, Summit Financial Systems, and TIA.


About Distilled Intelligence 1.0

Distilled Intelligence 1.0 provides the region's hottest startups with an opportunity to present to angel investors and venture capital firms looking for investments. Fifty-five startups have been selected to compete for a chance to win cash and prizes totaling $ 25,000 (no strings attached). The event hosts and sponsors have assumed the mission of pairing startups with investors and are confident that companies will obtain funding as a result of attending this event.


About Fortify.vc

Fortify.vc is a seed and early stage venture fund founded and managed by serial entrepreneurs and angel investors. Limited partners and the management team all have experienced multiple successful company exits. The Founders Funding Founders theme reflects their mission to serve as a founder-friendly fund. Fortify.vc invests in talent-rich technology markets with a focus on product companies in cyber-security, mobile commerce, social platforms, and enterprise software. Fortify.vc looks for great teams with defensible market positions, in large- or high-growth sectors. The partners and mentors actively participate with portfolio companies to develop sound strategies, grow intelligently, and facilitate follow-on funding, or clear exits.


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Online Pawn Shop Helps Consumers and Businesses Raise Cash Quickly

Ball Ground, GA (PRWEB) January 26, 2009

The down economy is providing opportunities for new and innovative businesses including Jay Brokers, an "online" pawn shop headquartered in Ball Ground, Georgia. Unlike traditional pawn shops, Jay Brokers doesn't actually have a physical storefront where customers walk-in to unload their goods. Instead, customers visit Jay Brokers' website (http://www.jaybrokers.com) to get a guaranteed offer for virtually any gadget, such as laptops, iPods, iPhones, and other high-tech items. The guaranteed offer is typically 70-80% of current fair market value with convenient payment options including PayPal and overnight check.


Owner Justin Pepple says, "The economic times are creating thriving conditions for our business, yielding a 74% increase in sales from 2007 to 2008. Businesses and consumers are seeking financial relief for a variety of reasons. Our unique offering meets that exact need--fast cash for financial relief. We are the pawn shop of the 21st century."


Jay Brokers provides a unique fair market value report to customers, calculated from successfully completed transactions on eBay. Some customers choose to sell on their own, using the fair market value from Jay Brokers as a starting point. Other customers take advantage of the guaranteed offer from Jay Brokers, avoiding the risks and hassles of selling on their own. Either way, customers receive a no obligation fair market value report and guaranteed offer, which is valid for 14 days.


In addition to the previous year's increase in sales, Pepple is also pleased with the growing sector of business customers. He says, "We've noticed an increase in interest among businesses over the last year. We get a lot of requests to buy surplus inventory from small businesses and failed start-up ventures. We get everything from laptops to individual computer hardware."


Whether a consumer or business in need of cash, Pepple is optimistic about the future of Jay Brokers, even during a down economy. Their innovative approach transforms the traditional pawn shop into a thriving business with heightened appeal for customers and businesses seeking a quick method to raise cash in exchange for assets.


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Find More Gadgets For Cash Press Releases

Bottle Rocket Apps Announces "Blast for the Cash" Doodle Bomb Contest Using the Popular OpenFeint Social Networking Platform

Dallas, TX (Vocus) March 19, 2010

Doodle Bomb, the popular iPhone & iPod touch physics puzzle game, continues to offer players new ways to compete.