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Innovation fueling growth of summit

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The three-day Technology Ventures Deal Stream Summit kicks off Tuesday at the Hyatt Tamaya Resort at Santa Ana Pueblo, bringing together investors and some of the country’s most innovative high-tech companies in search of venture funding.

Now in its 20th year, the summit is sponsored by Albuquerque’s Technology Ventures Corp. in partnership with Lockheed Martin Corp., the Department of Energy and U.S. Department of Commerce.

Its showcase event is Wednesday morning when 12 companies selected from a pool of 40 applicants will make their 10-minute pitches for backing.

The summit, though, has more, revolving around the themes “Ideas, Talent, Capital, Community.” Those are viewed as the building blocks for extending the TVC model – helping businesses commercialize technologies developed in national labs and universities – across the country.

“We’ve got some big-name speakers coming in that venture capitalists really want to hear on topics very pertinent to the venture-capital community and to the entrepreneurial community,” said John Freisinger, TVC CEO and president. “It’s almost a continuing education session as well as investment conference.”

Among the speakers is Timothy “Scott” Case, founder and CEO of Startup America Partnership, who will discuss “Myth: All I Need Is Capital” and the importance of a strong startup community for fledgling companies. He will speak Thursday morning.

Other conference topics include “The Investment Landscape at 20,000 Feet,” “Crowd Funding: The Good, The Bad and The Ugly,” “The Role of DOE – Novel Approaches to Tech Transfer” and “Spotlight on Success: Entrepreneurial Engines Speak Out.”

In addition, companies that have participated in the New Mexico Small Business Assistance program will be recognized during a Thursday luncheon sponsored by the NMSBA, TVC and the Sandia and Los Alamos national labs. The program enables business entrepreneurs to get free technical assistance from scientists at the labs.

The number of presenters is up from nine at last year’s event, which was held at Tamaya for the first time.

“It’s great we have (12) great companies this year,” Freisinger said. “But it would just be a wonderful environment if we had 50 companies seeking venture capital every year and that’s what we all, as partners in the community, are working toward. Growth is good.”

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