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Friday, June 13, 2008

Early Stage East to vet 21 start-ups

   The latest edition of the Early Stage East venture capital show will bring 21 mid-Atlantic firms together with more than 100 would-be investors at the Hotel du Pont in Wilmington next week.
   Local companies seeking capitalists include Advance Mobile Solutions, Core Solutions and Healthy Humans, all of Wayne; Agilence, Camden; Information Assurance Corp., Wilmington; LMC Software Solutions, Chadds Ford; Sivox, Exton; and SonoMedix Inc., Doylestown. For a full list go here. 
   The show has survived a boom-and-bust cycle since its founding during the Internet bubble a decade ago.
  "In the go-go years, we had people walking out of here with checks. Then we had a few years where all we could do was keep things going. And now venture capital is back," says Patrick J. Foley Jr., the former DuPont Co. biochemist and new-business executive who's now managing director of the state-backed Delaware Innovation Fund, an Early Stage organizer.
Posted by Joseph N. DiStefano @ 10:16 AM  Permalink | Post a comment
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About Joseph N. DiStefano
Joseph N. DiStefano writes this blog to feed his PhillyDeals column in the Philadelphia Inquirer. Joe has been a member of Bloomberg LP’s New York Finance Team, wrote the book “Comcasted,” taught writing at St. Joseph’s University, and studied economics and history at Penn. Reach Joe at 215-854-5194 and JoeD@phillynews.com
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