Press Release



Contact: Rosalyn Gell
CED Public Relations Manager
rgell@cednc.org

Phone: 919-549-7500 ext.107
FAX: 919-549-7405
www.cednc.org

CED Accepting Venture 2006 Presenter Applications

Early Application Deadline Slated for November 30


November 10, 2005, Research Triangle Park, NC – The Council for Entrepreneurial Development (CED) is now accepting online applications from North Carolina-based companies interested in presenting at CED’s 23rd annual Venture conference. The early application deadline is scheduled for November 30.

Venture 2006, set for May 2-3, 2006, at Pinehurst Resort in Pinehurst, NC, will showcase North Carolina's top investment opportunities to hundreds of venture capitalists and financiers from throughout the United States. Since 1999, Venture presenters have raised over $1.7 billion in venture capital.

Morrisville-based TapRoot Systems, a Venture 2005 presenter, recently secured a $6.5 million Series B round of funding. TapRoot CEO Hugh Thomas emphasized the benefits his company received as a conference presenter last year.

“CED’s Venture 2005 provided us excellent exposure to a large number of venture firms in a single venue,” said Thomas. “It was an extremely worthwhile two days for us during our second round of funding.”

The Venture 2006 Selection Committee, which includes active venture capitalists and angel investors from throughout the Southeast, is seeking high-growth companies from across North Carolina, and from an array of industries and stages, that are looking to raise either initial or subsequent rounds of private equity capital.

Because of the highly competitive selection process, companies are encouraged to submit their applications as early as possible in order to receive full consideration during each of the three selection stages. In addition to the early consideration deadline on Nov. 30, the second deadline is set for Dec. 31 and the final deadline for Jan. 31. For more information on applying to present and to complete the online application, visit www.cednc.org/conferences/venture/2006/presenters/application_to_present/

In addition to company presentations, Venture 2006 will also include leading industry speakers, extensive networking opportunities and exclusive investor-only events. Venture 2006 conference co-chairs are Linda Markus Daniels of Daniels Daniels & Verdonik, P.A., and Mark Larson of Grant Thornton LLP.

About Venture 2006: CED's 23rd annual Venture conference Where Great Minds Meet Smart Money is scheduled for May 2-3, 2006 at Pinehurst Resort in Pinehurst, NC. Last year's conference, Venture 2005, drew a crowd of more than 675 investors, service professionals, entrepreneurs and others involved in the entrepreneurial funding process from throughout the United States.

About CED: The Council for Entrepreneurial Development, headquartered in Research Triangle Park with a divisional office in Wilmington, is a private, non-profit organization formed in 1984 to stimulate the creation and growth of high-impact entrepreneurial companies in North Carolina’s innovation centers. In July 2005, Wilmington’s Coastal Entrepreneurial Council merged with CED to create CED-Coastal, a divisional office focused on entrepreneurial development in Wilmington and throughout North Carolina’s entire coastal region. CED provides education, mentoring and capital formation resources to new and existing high-growth entrepreneurs through annual conferences, seminars, workshops and programs on entrepreneurial management and finance. CED is the largest and oldest entrepreneurial support organization in the nation with more than 4,000 members representing over 1,100 entrepreneurial companies, financiers and professional firms. www.cednc.org

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