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Butte Local Development Corporation to offer "Financing High IMpact ventures: creating wealth and jobs in Montana"

an Initiative of the Governor’s office of Economic development
and the state workforce investment board

The Butte Local Development Corporation, the lead economic development organization for Butte-Silver Bow and also plays a leading role in economic development for Southwest Montana and Montana as a whole, will host the new half day seminar created by internationally known entrepreneur and angel investor, Bill Payne, a part time Montana resident and Liz Marchi of the Montana Angel Network on financing a high impact venture.

"We are here to work with the public and private sector to provide or coordinate business start-up, retention, expansion and recruitment services including technical assistance, planning assistance, and financial assistance as required," stated Jim Smitham, Executive Director of the Butte Local Development Corporation.

Economic data continues to underscore the importance of new enterprises as the key driver of jobs.   In response, the SWIB and GOED will make this seminar available to entrepreneurs across the state as part of Governor Schweitzer’s Innovate Montana Initiative.

 
The Seminar will be held on Wednesday, August 17, at the War Bonnet Inn, located at 2100 Cornell Avenue in Butte. Registration opens at 12:30 pm with the seminar running from 1:00 pm to 5:30pm. Cost is $50 and includes two new publications: Startup and the Entrepreneurs Path.

The four-hour program will help provide real world knowledge for funding businesses, including:

(1) An introduction to start-up capital requirements and stages of development;

(2) Examining investment opportunities – lender vs. investors;

(3) Exit strategies and options;

(4) Capital sources for entrepreneurs – angel investors vs. venture capitalists;

(5) Business plans for start-ups;

(6) What is a fundable Company; and,

(7) How to surround yourself with great advisors.

Angel Investor, William H. Payne, engineer, entrepreneur, and educator is presenting the seminar. Mr. Payne has significant experience in new product development, commercializing new products and using strategic partnerships to facilitate new product implementation.

Mr. Payne is an experienced advisor to entrepreneurs, having invested in more than 50 startups. In addition to his angel investing, he has written an eBook, the Definitive Guide to Raising Money from Angels, available on his website at http://www.billpayne.com.  Mr. Payne has also written many articles on angel investing, published on eVenturing and elsewhere.  He has been featured in the Wall Street Journal, INC Magazine, Business Week and others, as an expert on angel investing.  

Liz Marchi, co-presenter, is principal of Liz Marchi Consulting and a partner in Northfork Strategies. Ms. Marchi is the former CEO/President of Montana West Economic Development where she oversaw the creation of Montana’s first angel fund, recruited business to NW Montana, worked in entrepreneurial development and lending.

There are tremendous business opportunities for entrepreneurs in Montana.  The SWIB/GOED workshop has been specifically developed to help growing Montana businesses understand the trajectory and elements of building an enterprise that creates wealth and jobs.

To register please go to http://www.innovatemontana.com or contact [email protected] or by phone at 406-883-4044.

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