FOR IMMEDIATE RELEASE | Thu Apr 15 16:42:03 EDT 2010

Media, small businesses invited to ACS Webinar on raising capital in today’s economic climate

WASHINGTON, April 15, 2010 — News media, scientists and others interested in finance, entrepreneurships and the chemical sciences are invited to join an American Chemical Society (ACS) Small & Medium Business Webinar on raising capital in today’s difficult economic climate.

Scheduled for Thursday, April 22, 2 – 3 p.m. EDT, the free Webinar, “Raising Capital with Angels: What They Don't Tell You at Business School” will feature Mike Elconin, an active angel investor and a technology start-up expert with over 20 years of experience.

Among the topics Elconin will cover are:

  • The Tears (tiers) of Capital –– Credit Cards, Friends and Family, Angels, Archangels, and VCs.
  • Angels Aren't Venture Capital Firms, Just Venture Capitalists (and why that's good and bad).
  • Talking Their Language –– What They Need to Hear from You.
  • Building Your Portfolio, is Angel Investing Right for You?

The Small & Medium Business series, part of the ACS Webinars program, features industry experts and luminaries that address business topics on issues faced by scientists, entrepreneurs, and executives in small/med companies. There will be a 30-minute presentation by Elconin followed by a Q & A session.

News media and scientists can tune into the conference without charge, but must register in advance.

Elconin is immediate past president of the San Diego Tech Coast Angels. He has been investing in and consulting with California technology start-ups since 1999, serving on about 20 company and organizational boards of directors. He founded and was CEO of Software Banc, Inc, a Midwest firm designing medical and legal management systems. He is currently serving as a technology and business advisor with the Von Liebig Center at the School of Engineering at the University of California San Diego, where he works and advises professors on commercializing their technology primarily in areas of electrical, structural, mechanical and aerospace engineering. In addition, Elconin serves as a Technical Client Manager for the Center for the Commercialization of Advanced Technology, a U.S. Department of Defense-funded program which seeks to commercialize innovative technologies for use in the military, primarily in the field of robotics.

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