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Thursday, Mar 28, 2024
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It’s a Hot Competition for Cool Companies

The San Diego Venture Group, a local organization devoted to providing connections between entrepreneurs and venture capital investors, is looking for some cool companies, 25 to be exact.

The nonprofit said it will feature 25 of the area’s coolest companies at its upcoming June 6 Venture Summit held at the Manchester Grand Hyatt Hotel.

‘We launched this initiative at last year’s summit and it was an immediate hit with the venture capitalists and business people in the room,” said David Titus, president of the SDVG. “This year, we’re looking to highlight companies that represent the vibrant and thriving entrepreneurs that will be coming from out of town as well as those based here. Those businesses that make the cut will find the time very worthwhile.”

David Oates, a spokesman for SDVG, said last year’s summit drew several hundred attendees that were split about evenly among investors, entrepreneurs and trusted advisers. The investors also included a large contingent from outside San Diego.

While there is no requirement on number of years the companies have been operating, “the intention is to showcase cool companies that you never heard of,” Oates said.

Those interested in getting invited to the event should submit a simple application stating why their business is cool in 50 words or less. The applications are online at www.sdvg.org/cool. Winners will be announced in mid-May at an invitation only reception, SDVG said.

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