techDaily.info :: Enterprise Development Corporation Offers Unique AngelSearch™ Tool to Early-Stage Companies

Tuesday, January 06, 2009

Enterprise Development Corporation Offers Unique AngelSearch™ Tool to Early-Stage Companies

Posted: 2/4/2003

Posted By:	EDC		Contact:	Chris Kennelly
Phone:	561-620-8494		Email:	ckennelly@edc-tech.org

Entrepreneurs Gain Access to Investor Database Through Organization’s W eb Site

Boca Raton, FL – February 5, 2003 – The Enterprise Development Corporation (EDC), a public/private partnership specializing in providing strategic business development services to emerging science and technology companies, today announced that young companies it services now have access to a powerful AngelSearch database through EDC’s own Web site. The technology is being provided to EDC by vFinance, Inc (OTCBB:VFIN), a South Florida based financial services firm. vFinance has developed a customized program for EDC protégé companies, enabling them to search for potential Angel investors at a significant discount.

“The vFinance.com web site is ranked #1 by Yahoo for raising capital, and we are delighted to be able to offer this valuable service to the entrepreneurs that we work with throughout South Florida,” stated Jane Teague, Executive Director, EDC. “Raising funds in today’s economic climate can be very challenging, and business owners need all the help they can get in order to be successful.”

AngelSearch, an easy-to-use wealth identification tool combs government records to gather investment data, industry preferences and total stock positions of America's wealthiest individuals, providing users unlimited access to valuable contact information on potential Angel investors, customers and clients. Information can be sorted by criteria such as geographic location and net worth, enabling entrepreneurs to find investors who are most likely to have an interest in their companies.

“vFinance provides a full menu of services to private companies, investors, public companies and institutions,” stated Dave Spector, Vice President Brand Strategy for vFinance. We are very committed to the local market, and given EDC’s focus on emerging technology companies in South Florida, we felt that providing access to AngelSearch at a reduced rate could only help local start-ups achieve their fundraising objectives.”

About EDC
Founded in 1994 as a public/private partnership, EDC provides strategic business development assistance to emerging science and technology-based companies in South Florida. EDC offers expertise in new product commercialization, business strategy development and implementation, technology transfer, strategic alliances and preparing emerging companies to raise capital funds. Since its founding, EDC has provided expert hands-on business assistance to over 142 companies. EDC has also helped companies to raise over $85.9 million in financing, create over 165 new products, and create 5,856 new jobs. Its overall economic impact is in excess of $127 million to South Florida’s economy. For more information, visit www.edc-tech.org, or contact Jane Teague, Executive Director, at jteague@edc-tech.org, call 561-620-8494 ext.15, or write her at Enterprise Development Corporation, 3701 FAU Boulevard, Suite 210, Boca Raton, FL 33431.

About vFinance
vFinance, Inc. (OTCBB:VFIN - News) is a multi-channel financial services company that provides personalized investment banking and brokerage services to more than 8,000 corporate and private clients worldwide. The firm has offices in New York, Chicago, San Jose, Houston, Boca Raton and 23 other cities.
vfinance.com, the company's Web site, is also the leading destination on the Internet for companies seeking capital, as well as institutional and high net-worth investors seeking dynamic high-growth companies. Each year, the site hosts more than one million investors and CEOs from over 50 countries. This huge audience creates a perpetual, global deal stream for vFinance's bricks-and-mortar financial service units.

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