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News

High-tech investor network launched

DOE/Pacific Northwest National Laboratory : 09 September, 2002  (Technical Article)
A regional partnership of economic development organizations, led by the Department of Energy's Pacific Northwest National Laboratory, today announced the launch of the Northwest Technology Investor Network (www.techinvestnw.com). The network is an online forum that links investors and entrepreneurs in the high-tech sector.
A regional partnership of economic development organizations, led by the Department of Energy's Pacific Northwest National Laboratory, today announced the launch of the Northwest Technology Investor Network (www.techinvestnw.com). The network is an online forum that links investors and entrepreneurs in the high-tech sector.

'Technology-based businesses and manufacturers from throughout the Northwest can post their business plans on the Web site, connecting them to a nationwide network of accredited investors. Investors have one-stop access to quality business plans in the high-tech sector,' said Gary Spanner, manager of PNNL's Economic Development Office.

The network is hosted by LocalFund, a nationally recognized company that hosts investor networks throughout the country.

In addition to the efforts of PNNL, partners in making the network available to entrepreneurs and investors include the Tri-Cities Enterprise Center, the Tri-City Industrial Development Council, the CH2M HILL Technology Education Center, the Applied Process Engineering Laboratory, Washington State University Tri-Cities Business Links and the Spokane Intercollegiate Research and Technology Institute.

'This network is a first for our region, providing an excellent forum for start up companies to have their business plans seen by the right people,' said Tri-Cities Enterprise Center President Bill Henderson. 'Proven resources like these are key for businesses trying to get to the next level, as well as helping investors throughout the Northwest gain access to information about companies that offer investment opportunities.'

The network is free to accredited investors who register, and is offered at a 25 percent discounted rate to high-tech and manufacturing entrepreneurs for a cost of $18.75 per month. Further discounted rates also are available for semi-annual and annual postings.
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