Astia

Astia Newsletter :  April 2008
In This Issue
A Message from the CEO
Astia New York Program a Success
Astia Launches New Website
Accepting Applications for 7th Annual Astia Conference
Company News
Astia Clean Tech Breakfast Series
Partner Events
Quick Links
Our Sponsors
Three Guineas Fund
Fenwick & West
The Althea Foundation
Mintz Levin
Microsoft
Deloitte
Cooley Godward Kronish
DLA Piper
Moss Adams
Nixon Peabody
Pillsbury WInthrop Shaw Pittman
Osborne Clarke
A Message from the ceo

Sharon Vosmek

Man I love my job!

Each month with this newsletter you have followed us, and by your support you have aided us, as we pursued our strategy of building a national brand and presence for Astia.  We still have work to do, but we are certainly enjoying great results along the way.

This past month we got to do what we do best - work with exceptional entrepreneurs to access capital and grow their businesses.  If you missed the NYC program, check out the list of companies we were able to work with and those who will be presenting on May 22nd.  We believe this group of companies presents real opportunity for the investor community.  

The Astia Entrepreneur and Investor Program - most recently held in New York City - provided a strong platform:  well orchestrated, well delivered and a terrific environment for both entrepreneurs and investors to network, learn and prosper!
Jeanne M. Sullivan, General Partner, StarVest Partners, L.P.

What we discovered along the way is that when something is right - it comes with great ease - albeit on the back of hard work, focus and commitment.   The entrepreneurs speak to the results of the program with great clarity.

As a serial entrepreneur, spending more than a day out of the office always seems like an unnecessary distraction but attending the Astia Entrepreneur and Investor Program made it all worth it! The program gave me instant access to very valuable feedback from some of the best in the industry and very quickly grew my network of East Coast investors. In the end, I have saved a lot of time as I now feel much more prepared to present our company, vision and plan to investors! Thank you Astia!

Birame Sock, Founder, Third Solutions, Inc.

And the press is picking up our national success story as well as you will see in Ty McMahan's April contribution to VentureWire that you can read on our site:  http://www.astia.org/content/view/570/889/

As our model is to scale through collaboration, we are especially appreciative of our partners and community who helped to make this program possible:
  • Golden Seeds
  • New York Angels
  • Our NY Program sponsors: Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. - Cooley Godward Kronish LLP - Silicon Valley Bank - Goodwin Procter LLP - Deloitte
  • Our Sourcing Partners: Dow Jones - Women Presidents' Organization - FWE&E - TiEBoston - Springboard Enterprises - YourOnRamp
And most especially, Jennifer Hill of Fenwick & West.  Astia NYC Program would not have been possible without the significant and generous support of these organizations and individuals.

As we now approach the activities for the fall fundraising program, I personally look forward to connecting with the many members of our community who make that work possible, too.  

Man I love my job!

Cheers,
Sharon
Astia New York PRogram A Success

Astia in New YorkLast month, Astia brought its hallmark Astia Entrepreur Program to the East coast for the first time.  The program took place over the course of 4 days, educating and developing 26 companies and over 40 entrepreneurs from across the US and abroad.   Companies heard from 34 distinguished speakers during 2.5 days of investor-led panels and workshops.  The program concluded on the fourth day with screening presentations to 26 east coast investors.  As a result, 13 companies have been selected to present to an audience of Angel and Venture Capital investors on Thursday, May 22nd.  Be sure to take a look at the companies that participated in the program, listed below.

Spring Program Participating Companies
2 Degree Shift                                Orelle Corporation
ApplyU                                              PeaceKeeper Cause-Metics
BeThree                                           Pharmacopia
BreastCancer.org                          Puppyfish Entertainment
Colby Pharmaceuticals                ReferMe
Collectors Quest                            Smart Thot
CULTIVA Entertainment                B!
Global 1 Touch                               Sustainable Minds
Leland Cherry Company              The Integrity Institute
LNR Enterprises                            Third Solutions
Microbide                                         Virginia Bionutrients
MyEquilibriumCoach.com            ZoomPool
MyLawsuit.com                               Zweave

Register for May 22nd Investor Forum
Registration is open to any angel investor or venture capitalist interested in attending.  For more information and to view a list of the presenting companies, visit: http://www.astia.org/content/view/798/915/

Click here to register.
Astia Launches New Website

As Astia continues to expand our reach and grow as an organization, we have launched a new website to help us achieve our goals and meet the evolving needs of our community.  Jen and Brynna have spent the last quarter assessing Astia's web needs, and Amy Phillips, the CEO and founder of DeedQuest (an Astia client company), was able to take these requests and make them a reality.  We are so grateful for Amy's talent and dedication to this project!

In June, we will launch the community section of the site.  This will allow Astia's clients and members to participate in online forums, access resources, and share their ideas.  We look forward to adding this to our communcations as we continue our national reach.

Now Accepting Applications for 7th Annual Astia Conference

Know an Entrepreneur in a high growth market looking to raise capital this year?  Here's their opportunity to access the premier fundraising program in the nation for women led companies. 
  • The conferences have averaged a success rate exceeding 60%
  • Since 2003, presenting companies have raised over $410 million
  • There have been 8 exits for presenting companies
2008 Fall Program Dates:
  • Application Deadline:  August 13
  • Astia Entrepreneur Program:  Sep. 25 -  Nov. 14
  • 7th Annual Astia Conference: November 19 - 21
For more information and to apply, visit: http://www.astia.org/content/view/589/872/
Company News
Reality Digital Secures $6.3 Million in Series B

Reality DigitalReality Digital, a leading provider of brand-focused social media solutions for businesses, today announced the closing of $6.3 million in its Series B round of venture funding from OpenView Venture Partners.  Reality Digital provides an on-demand platform that enables businesses to add cutting edge video sharing, social media and networking features, as well as business tools to their digital media initiatives.

Reality Digital has been an Astia client since 2003 and raised a Series A round after presenting at the 2005 Astia Conference.  Astia offers our sincere cogratulations to Cynthia Francis and her entire team!
 Astia clean tech breakfast series in partnership with sdforum
Sponsored by Nixon Peabody and Moss Adams

Clean TechAstia, in conjunction with SDForum, is pleased  to present the Clean Tech Breakfast Series for the third year.

2008 Clean Tech Breakfast Schedule & Topics
**Please note the change in topic schedule**
Click here for more information and to register!
partner events
 
Utilizing Advisory Boards for Company Growth - An Executive Discussion
presented by FWE&E in partnership with Astia
FWE&EJune 5, 2008, 6:00 pm - 8:00pm
Location: Fenwick & West LLP, Mountain View

FWE&E and Astia jointly host an interactive executive conversation with company founders and entrepreneurs who've formed successful and value creating advisory boards.
The program is designed to help entrepreneurs with the question of if, when, and how to build an Advisory Board.  Through panel discussions and small workshop groups, entrepreneurs will plan the strongest advisory board strategy for their company.  Click Here for more information and to register.
Astia Members: Use Astia2008 to get a discount to this event.

Cash in on Cleantech - The European Opportunities
Presented by Osborne Clarke
Osborne Clarke'Cleantech' these days is far more than just a buzzword. Governments around the world have recognised this form of technological innovation as both a bright hope for a carbon and resource challenged world and a key economic driver. Nowhere is this more apparent than in the European Union, which is among the leaders in enabling cleantech through regulatory encouragement. Please join us for an interactive seminar and hear a panel of European experts explain how US companies can take advantage of European opportunities in the many sectors that fall under the broad banner of 'Cleantech'.
The Westin Palo Alto, 675 El Camino Real, Palo Alto
May 14, 2008  8.00am -10.30am
To register for this complimentary event, email
sally.clifford-smith@osborneclarke.com or call Andy James at  650.462.4022


Go Red for Women 3rd Annual Luncheon
GoRed for WomenGo Red For Women will host its third annual luncheon Wednesday, May 14, 2008, from 10:00 am - 1:30 pm at the Westin St Francis.  Featured presentations include; Men Are From Mars, Women Are From Venus: True for Heart Disease? presented by Dr. Brindis with Kaiser Permanente; You Are What You Eat: Nutrition Guide for a Healthier Life, presented by Brown & Toland Medical Group; and Juggling 101: Learning Life Balance, presented by Abbott.  Tickets $300.  Please call 415.228.8431 for more information or visit www.goredforwomen.org/.

"Beyond the Spark: Entrepreneurship Redefined"
Women 2.0 From two girls in a garage or your own spark of an idea, ignite lasting change to improve the world and make money doing it. Meet influential entrepreneurs who bring technology together with an entrepreneurial spirit and desire to change the world -- redefine entrepreneurship. Explore the intersection of technology, entrepreneurship, and change-making with our speakers at this conference!
Saturday, May 10th  I  Stanford University, Palo Alto
For more information : http://www.women2.org/conference/
Astia Community Discount: use code "w2astia" for 25% off registration until Monday May 5th at 11:55PM.

Participate in Study on Women in Entrepreneurship
The Center for Gender in Organizations at the Simmons School of Management is interested in exploring how the second generation gender lens might shed light on interactions between female entrepreneurs and venture capitalists.  They plan to conduct one-on-one telephone interviews with women entrepreneurs to talk about challenges women entrepreneurs face includeing: managing your credibility, building the team, inspiring confidence, accessing resources, seeking help and advice, dealing with crises, and navigating work and family.
If you have had experiences that touch on these areas, your voice would add a great deal to this effort.  Please contact Professor Teresa Nelson via teresa.nelson@simmons.edu with questions or if you are willing and able to participate in the project. 

The Advanced Board Series: Part 1
FWE&E6:00PM - 9:00PM May 20, 2008
SAP, 3410 Hillview Avenue, Palo Alto

Back by popular demand, Deborah's scenario format puts you in the "hot seat" of a director, allowing you and your fellow board members to navigate your "adopted" company through a corporation challenge, with the benefits and hazards of your decision-making revealed at the end of the session. Deborah's scenarios are derived from real situations, providing you and your peers a chance to experience the issues faced by companies under the spotlight of serious corporate governance concerns. Rather than hearing a panel review corporate governance best practices - we invite you to participate in a working group where an understanding of effective board practices grows from your case study work.  This program is intended for the board members and CEOs who want exposure to advanced resources and thinking in improving effective board behavior. 
http://www.fweande.org/index.cfm?fuseaction=Calendar.eventDetail&eventID=77
Astia Members: Use Astia2008 to get a discount to this event.

Corporate Directors Enterprise 2008: Effective Corporate Governance
The program brings together finance and accounting faculty from the Haas School of Business; faculty from UC Berkeley, Boalt School of Law and prominent speakers from the corporate community. The program is an intensive agenda focused on "best practices" approaches to Board activities to improve Director effectiveness and accountability. 
June 16 - 17 2008.  Early registration discount deadline June 1, 2008.
More information:
http://execdev.haas.berkeley.edu/ApplicationFiles/web/WebFrame.cfm?web_id=968

Brynna Deaver
Client Services & Community Development
Astia
Astia Executive Council