Southern Tier Venture Fund

02/02/2018

Get to it.

11/13/2017

We’ve been attending the Angel Capital Association Leadership Conference in Houston, TX. Houstonians have worked exceptionally hard to clean up and lift each other up after Harvey. This conference has been filled with workshops that cover every aspect of investing in startups. The rubber really meets the road when investors talk about their personal experiences with companies, founders, etc.

If you have invested in private companies, or would like to learn more about doing so, send us a note. We’d love to hear from you and roll out the red carpet.

11/04/2017

Cofounders can be friends but founders need to have serious founder conversations.

http://www.businessinsider.com/reddit-cofounders-saw-a-therapist-together-2017-11

07/19/2017

Here is a video presentation of the workshop held on July 10th at the Koffman Southern Tier Incubator in downtown Binghamton, NY designed to educate startup founders on How to Pitch to Investors. https://lnkd.in/dcNm6tY. This is the first in an upcoming series called Founder's VIEW (Venture Insight & Education Workshop).

The Investor Pitch Workshop was held on July 10th, 2017 at the Koffman Southern Tier Incubator in downtown Binghamton, NY. The workshop presenter was Darren ...

05/17/2017

05/15/2017

Angel investing is one of the highest risk asset classes there is. Active angels will, on average, invest in 1 out of every 40 companies they see. VC's are much more selective, about 1 out of every 400! According to research studies, about 75% of angel invested startups fail altogether or fail to grow fast enough to provide an exit to investors. This simply means that investors need the law of large numbers on their side. The higher the number of investments made, the increased odds that one or more companies will reach escape velocity and provide a return on investment.

A single angel investor may be able to write ten $10,000 checks without sweating what happens to their money. However, they would be hard pressed to bring significant time and resources to bear to each company that they invested in.

An angel group brings many angels together to listen to pitches. Each angel in the group will make their own decision as to whether to invest, how much to invest and what the terms of that investment should be. An angel group may have any number of angels in attendance but each pitch is likely to attract a small fraction of those angels. Of those angels who invest, they may not agree on the value of the company or have expertise to help the company after the investment is made.

An angel fund, like the Southern Tier Capital Fund, has a significant advantage. Every investor in the fund has already committed capital to the fund. The fund invests only when a majority of the fund's investors agree to invest together. The fund relies on it's investors to have a strategic plan to assist the company. This means that the fund members have connections, resources and can commit time to accelerating the growth of that company.

Stay tuned as we will be publishing investing terminology definitions, sharing resources and of course, we would love to hear from you with your questions.

03/31/2017

Getting the second annual Hardware Hackathon underway!

03/25/2017

Our managing director, Darren MacDonald, will be serving as a NYS Business Plan Competition judge today at Binghamton University. Good luck to all our young upstate and special thanks to Entrepreneurship at Binghamton for organizing the event fostering

http://www.sunycnse.com/NewYorkBusinessPlanCompetition.aspx

8th Annual New York Business Plan Competition

12/13/2016

The Southern Tier Capital Fund is a growing early stage investment fund for companies with high growth potential, a strong capable team, that are located or willing to locate in the Southern Tier region of Upstate NY.

If you are an entrepreneur seeking funding, we encourage you follow us here for our open application announcement.

If you are an investor, a business or community leader, we would love to hear from you so we can explore expanding relationships and working together to improve this wonderful area that we call home in Upstate NY.

10/08/2016

Want to know more about the fund? Check out our brochure and feel free to send it out to those in your network. We are still accepting new members and would love to talk to anyone interested in joining or working alongside us to make our area the best entrepreneurial community possible. http://stcfny.com/Fund.pdf