Venture capital investment in Florida appeared thin in the third quarter, but a VC conference this month in Coral Gables could fatten the state’s deal flow in the fourth quarter and beyond.
“Last year, we had about 350 people attend, and this year, we’re expecting about 500,” said Irma Becerra-Fernandez, founder and co-chair of Florida International University’s Americas Venture Capital Conference.
“The distribution will be one-third venture capitalists, one-third entrepreneurs and onethird service firms that are interested in the [VC] sector, which includes accountants, lawyers and consulting coaches,” Becerra-Fernandez said.
FIU will hold the conference Nov. 16-17 at the Biltmore Hotel in Coral Gables. The university staged the conference for the first time late last year.
Becerra-Fernandez said companies that gave presentations at the FIU conference in November 2010 have attracted more than $40 million of venture capital investment since then.
The conference this month could lead to a larger collective investment in the presenting companies if attendance increases, as expected, and if the overall pace of VC investment picks up.
Read : “Capital Sources: Entrepreneurs seek boost at venture capital event” an article by Daily Business Review