ENET eMinute

The Entrepreneurial Minute

The Entrepreneurial Minute, (eMinute) provides early stage companies with a forum to present their business challenge directly to angel investors, venture capital firms, service providers and potential partners in attendance at ENET's monthly networking meeting.

Fostering Growth in Early Stage Companies

Are you trying to raise capital? Protect your IP? Build your Board? Develop a business plan? Launch a new product?

Now in its second year, The Entrepreneurial Minute, (eMinute) is an innovative program by the Boston Entrepreneurs’ Network designed to help early stage companies overcome the challenges of growing a successful business. The eMinute opportunity provides early stage companies with a forum to present their business challenge directly to angel investors, venture capital firms, service providers and potential partners in attendance at ENET's monthly networking meetings. eMinutes are also included in the following month’s eMinute “email blast.”

How it Works. Each month, one or two entrepreneurs will be selected to give a 1-minute (250 words) overview of their concept and business challenge. The overview should include:

• name and location of business
• experience of entrepreneur and management team
• target market need
• product or service solution
• business challenge to providing solution
• the assistance your company is seeking (ex. capital, services, partners, etc.).

You do not need to be an ENET or IEEE member to benefit from eMinute!

Previous presenters have said this about their eMinute experiences:

"The Entrepreneurial Minute was, from a business development perspective, the most productive five minutes of my career!" Jay Johnson, CEO, Synersoft.

“The eMinute was a great opportunity to get our message out to a diverse audience, and I am grateful to the Boston ENET for making it possible!,” Ray Deck, President, Element55: Automatic Time Capture.

Entrepreneurs will be prescreened by ENET and deemed to have a legitimate need prior to presenting.

How to Apply: Please send your 250 word draft of your eMinute to John Ellis at john@opticsforhire.com. Include your: phone number and best time to call you back. eMinute drafts need to be received by John Ellis by 5:00 pm on Thursday, the week prior to ENET's monthly meeting. However, earlier is better as the eMinute pitch slots tend to fill up quickly.

eMinutes from February 2010

AgiLynx, Inc.
David L. Garcia
603-791-4694
Email: david.garcia@agilynx.com
Web: www.agilynx.com

David Garcia, Co-Founder and Vice President of Business Development

AgiLynx is a 4 year old start-up with three founders, all with extensive technical management experience in developing electronics for the aerospace industry.

AgiLynx designs and develops Avionics (commonly called “black boxes”) for the Aerospace market.

Our target customers are retrofitters of large aircraft who modify or improve existing aircraft fleets. The high cost of purchasing new large aircraft maintains the value of >10,000 existing large aircraft, and their aging drives improvement programs.

Our launch product is a MIL-STD-1553 to ARINC 429 Protocol Converter. The product has gone through the entire design and development process and has been sold to 5 different aerospace customers to date.

Our Product Advantage is having a “Off-the-Shelf” Avionics that provide complex conversion functions yet are quickly customizable for customer applications. The product therefore sharply reduces engineering costs and lead-times.

Revenue to date is about 450K. Business expenses and development costs have been funded by revenues, loans from the principals, and a good amount of sweat equity from the principals.

We are seeking capital, partners, engineering team members, and advice on business expansion.

VentureOnLine
Amnon Aliphas
aliphas@ventureonline.com
www.ventureonline.com

Locating, contacting, scrutinizing, reviewing, analyzing and presenting new ventures is a painful and time intensive process requiring numerous hours of interaction between entrepreneurs and investors. The time is ripe for the entry of a new highly efficient and low-cost service to provide quick reliable pairing of entrepreneur and funding source.

VentureOnLine is the gateway for the high-tech entrepreneurial community bringing together all the elements of the entrepreneurial ecosystem serving the needs of Entrepreneurs, Investors, Technology and Business Experts, Project Managers and Institutions of higher education.

VentureOnLine has an expert network with over 300 experts in many areas of technology. These experts are available to review and filter business opportunities before presenting them to our funding sources.

The founder of VentureOnLine is dedicated to make the company a successful and profitable entity. Amnon Aliphas, CEO, brings a unique relationship with the high-tech community. Dr. Aliphas founded TechOnLine in 1993. Acquired by United Business Media in 2005, it is today the largest online resource for the electronic community. He also founded DSP World, the leading Signal Processing tradeshow that was acquired by Miller Freeman in 1995. Presently, Dr. Aliphas is leading the efforts to set up an investment fund in developing countries.

VentureOnLine is being branded as the leading independent exclusive provider of funding access to the high-tech community. VentureOnLine is building a branding position in this market by making aggressive use of both email and print advertising. These frequent presentations encourage entrepreneurs to submit their business plans to the VentureOnLine website.

VentureOnLine dedicates sales personnel to establish working relationships with the Venture Capital and Angel communities. Using our extensive network we obtain data from these funding sources and profile them so as to allow us to link them with the most compatible and suitable investment opportunities.