Getting Funded in Warsaw – Silicon Hill Ventures Briefs Bay Area Companies on Creative Ways to Find Growth Capital
SAN JOSE, Calif.--(BUSINESS WIRE)--On Monday, August 11, 2008, 2 – 5 pm, in the Boole Room at Computer History Museum, Mountain View, Silicon Hill Ventures LLC will brief interested high-tech start-ups and early-stage Bay Area companies on the funding opportunities available to American companies on the NewConnect exchange in Warsaw, Poland, part of the Warsaw Stock Exchange. NewConnect is similar to London’s AIM exchange or NASDAQ with its technology focus.
Presenting will be Beata Jarosz, Management Board Member, Warsaw Stock Exchange, Emil Stepien, Manager, NewConnect Exchange and Franz Helbig, Partner, Silicon Hill Ventures LLC.
Start-ups looking for first or second round financing, between $1 and $5 million, should become familiar with getting listed on the NewConnect board of the Warsaw Stock Exchange. Poland is doing very well economically and more capital is available than local investment opportunities can absorb. Sophisticated Polish investors welcome the chance to invest in American, especially Silicon Valley, start-ups and early-stage companies.
Attending companies will have ample opportunity to engage in Q & A and in private meetings with managers of the Warsaw Stock Exchange and with Silicon Hill Ventures whose partners are WSE-licensed Authorized Advisors.
Attendance, by principals of technology companies only, is limited to 30. To sign up, email franz@siliconhillventures.com. For more detailed information, go to www.siliconhillventures.com.
About Warsaw Stock Exchange and NewConnect
The Warsaw Stock Exchange is the fastest-growing equity market in Central Europe. At the end of 2007 the WSE had 345 companies listed, including 21 foreign companies from the Netherlands, Austria, Hungary, Germany, Ukraine, Slovakia, Czech Republic, USA, Spain and Estonia. At the end of 2007 the total market capitalization of the WSE was almost $100 billion.
NewConnect is intended for companies that need an injection of capital in order to tap their potential and secure a chance to develop. NewConnect has more liberal reporting requirements for issuers. As a result, companies find it cheaper to raise capital here. In 2007 NewConnect attracted 47 companies with a total capitalization of nearly $600 million.
About Silicon Hill Ventures
Silicon Hill Ventures LLC was formed by senior European/American executives with background in Fortune 500 management, venture capital fund experience – in Europe and in the U.S., and serial start-up entrepreneurship, management and financing. SHV has offices in San Jose and in Warsaw, Poland.
