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Louisiana Business: New Orleans Venture Capital, Gulf Coast Summit, Receivables Exchange
Written by  // Wednesday, 23 March 2011 11:42 //

Idea Village and Venture Capital

New Orleans’ top entrepreneurs will pitch their business ideas to the world's leading venture capital investors on Thursday and Friday.

Through a combination of live, American Idol-style audience voting via consensor technology and the panel vote, the winner will receive a suite of HP office products, $5k of legal services from Jones Walker, an all-access trip to San Francisco, arranged by Jim Coulter and TPG Capital, to meet with top investors, as well as a custom designed presentation for use during the trip to San Francisco provided by ProPoint Graphics.

The event will take place at Gallier Hall on March 23 from 1:30 p.m. - 6:00 p.m. CST with the winner to be announced at 5pm.

New Orleans Entrepreneur Week (March 19 - 25), the hallmark annual festival of entrepreneurship in New Orleans, celebrates and supports the collaborative network of talent that has enabled the city to become a model for building and sustaining entrepreneurial eco-systems.

NOEW ‘10 brought over 150 of the nation’s top MBA students and corporate volunteers together with 329 local entrepreneurs to provide over 9,121 hours of direct service to entrepreneurs at 37 events throughout New Orleans.

 

Gulf Coast Leadership Summit

Implementing solutions for the Gulf Coast, on April 19-21 (on the one year anniversary of the  oil spill) attend the Gulf Coast Leadership Summit in New Orleans. We are bringing together more than 1,000 local, state and  national leaders to empower a better future for the U.S. Gulf Coast. Leaders and experts will discuss the continuing impact of the oil spill, how our residents can find new and better jobs, what new economic sectors and clean energy we should be investing in, and identifying resources and programs for small businesses.

 

Join the conversation onFacebook andTwitter and

register for the Summit - free of charge. 

 

Receivables Exchange

The Receivables Exchange, the real-time online marketplace for working capital financing, announced today that receivables trading volume on its market-based platform increased 466% in 2010. This is nearly five-fold growth.  The company also announced that businesses continue to realize reductions in their cost of capital of 30% after six months of trading1, and are getting 99-98 cents on the dollar for their receivables, on average. The Receivables Exchange’s market-based auction model gives businesses the most efficient, affordable pricing for their commercial receivables, and the company’s consistent growth shows this innovative form of financing has reached the mainstream. Companies small and large – and in a wide range of industries – are using the Exchange as a flexible, affordable source of working capital, and more are joining every day.

“The remarkable growth on the Exchange shows that there is tremendous appetite among small and midsize businesses for access to affordable capital, and that appetite will certainly grow in 2011, as the economy improves and more businesses recognize the benefits of online receivables financing”

 “The remarkable growth on the Exchange shows that there is tremendous appetite among small and midsize businesses for access to affordable capital, and that appetite will certainly grow in 2011, as the economy improves and more businesses recognize the benefits of online receivables financing,” said Justin Brownhill, co-founder and CEO of The Receivables Exchange. “We are anticipating another record-breaking year for our online working capital marketplace, with an increasing number of small and midsize businesses lowering their cost of capital significantly by selling their receivables on the Exchange.”

 

Women Of The Storm

Women of the Storm, a non-partisan group of New Orleans/South Louisiana women formed after Hurricanes Katrina and Rita and expanded to include women from all five Gulf Coast states, is bringing more than 140 women to Washington March 29 to urge Congress to dedicate 80% of fines from the Deepwater Horizon Oil Spill to Gulf Coast states for restoration.

Center Operating Company, which manages the American Airlines Center, has recognized M S Benbow & Associates (MSB) with a Corporate Partnership Award. The Corporate Partnership Award recognizes MSB for its 10-year commitment to providing engineering and project management services for the wireless infrastructure that supports an estimated two million guests annually at American Airlines Center. MSB provides engineering consulting to the American Airlines Center for wireless voice, data and text services within the sports and entertainment venue located in the Victory Park neighborhood near downtown Dallas.

Benbow and American Airlines

Center Operating Company, which manages the American Airlines Center, has recognized M S Benbow & Associates (MSB) with a Corporate Partnership Award. The Corporate Partnership Award recognizes MSB for its 10-year commitment to providing engineering and project management services for the wireless infrastructure that supports an estimated two million guests annually at American Airlines Center. MSB provides engineering consulting to the American Airlines Center for wireless voice, data and text services within the sports and entertainment venue located in the Victory Park neighborhood near downtown Dallas.

One of the most technologically advanced venues in the world, American Airlines Center is a premier sports and entertainment venue and home to the NHL’s Dallas Stars, NBA’s Dallas Mavericks and AFL’s Dallas Vigilantes. Since opening in July 2001, the 840,000-square-foot American Airlines Center has set a new standard for providing the most advanced technology including infrastructure expansions to support the latest advancements in communications.  Center Operating Company engaged MSB to provide system planning and management of multiple distributed antenna systems for the center’s wireless carriers to ensure reliable cellular, smart-phone and other wireless coverage serving the facility.

"We have always believed that providing the ultimate experience for our guests includes having the best amenities available for sports and entertainment, including the latest technology,” Lori Glasser-Seinera, vice president of strategic alliance and sales of Center Operating Company said. “With strong, long-standing relationships with cellular carriers, M S Benbow is instrumental in providing technical support and managing relationships with multiple cellular carriers and wireless providers to allow us to maintain and support excellent cellular service for guests of the American Airlines Center.”

With more than 30 years’ experience managing complex telecommunications projects, MSB President and Engineering Manager Leo L. Holzenthal, Jr. was given special recognition for his contribution as project manager.

“As smartphone usage becomes more sophisticated, it will continue to develop and enhance the fan experience. Significant advances in wireless technology help state-of-the-art facilities such as American Airlines Center meet the growing demand for in-stadium coverage,” Holzenthal said.

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Dead Pelican

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