Thursday, August 20, 2009

How to Fund Your Company without Going to VC's

How to Fund Your Company without Going to VC's: What your Customers and Suppliers Know But May Not Be Telling You

  • Date: Thursday, August 27th
  • Time: 8:30 - 10:00
  • Location: 12565 Research Parkway, Suite 360, Training Room 123, Orlando, FL., 32826
  • Fee: $20 (Free to UCF Business Incubation clients)
RSVP to Renee Ayala at 407-882-0202 or by email, rayala@mail.ucf.edu

If you can't get institutional financing and you are not quite ready for a merger or acquisition, there may be funds available from your vendors, suppliers, and/or customers. There are creative arrangements such as prepayments, licensing, advances on orders, joint ventures and partnerships, which may help you finance your business in these challenging economic times.

Like most creative arrangements there are pratfalls and pitfalls to be aware of and avoided but savvy entrepreneurs can use these arrangements to fund a customer's project, a new product still under development, or expansion of the existing product lines. Come and learn from Mark Arnold and Howard Gitten of Edwards Angell Palmer & Dodge LLP, who regularly represent entrepreneurs of early stage companies, as they discuss the various types of arrangements available for entrepreneurs for precious development capital as well as how to avoid some of the pitfalls.


Bios

Howard Gitten - Having worked both in-house at a cutting edge photonics company, and in private practice, Howard brings a unique perspective to technology law. He brings a business perspective to technology issues and his technology background to business issues. As a registered patent attorney, Howard, along with his colleagues in the Intellectual Property Department, not only know how best to protect a client's unique assets, but how best to make them marketable and best use intellectual property for competitive advantage. Howard has advised his clients in instituting cradle-to-grave IP regimes, to licensing IP and building joint development programs around a client's IP.

Mark Arnold - Mark is a corporate transactional attorney primarily focused on mergers and acquisitions, private equity and venture capital transactions, and general corporate matters. He has experience in securities issues and other corporate finance transactions representing both public and private companies in domestic and international matters.

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