Funding Your Cleantech Start-up
Save the date! We're kicking off 2014 with a focus on funding clean tech
start-ups. We've invited an Investment Banker, an entrepreneur, an
incubator manager and a couple of special guests to inform and
HOW TO FUND YOUR CLEAN/GREEN BUSINESS IDEA
Have a lean, green, clean innovation, product or business expansion idea?
Looking to understand the landscape for financing or raising money here in LA?
The Los Angeles Venture As
sociation (LAVA), in conjunction with the
Metropolitan Water District of Southern California are hosting a midday
panelon January 15thto kick off the year for GreenLAVA. The panel will include
representatives from funding sources including: venture capital, incubators, investment banks and debt finance.
Kurt Fuess, Director, CB Capital Partners (Investment
Mr. Fuess is a Director for CB Capital Partners where he specializes
in the areas of Aerospace and Defense. Mr. Fuess has significant work
experience in institutional asset management, valuation, mergers,
acquisitions, reorganizations and debt restructurings. Mr. Fuess has
been involved in the creditor committees and the renegotiation of over
$500 million worth of aircraft leases and has experience in aerospace,
chemicals, defense, energy, healthcare, telecommunications and gaming
Prior to joining CB Capital Partners, Mr. Fuess was a Senior
Analyst at Summation Capital, an event-driven, special situations and
distressed debt fund where he lead the firm's institutional asset
management activities. Prior to that, he was an independent investment
consultant identifying, researching and recommending investment ideas to
clients for a leading East Coast asset manager. Prior to that, Mr.
Fuess worked at Cypress Management Partnership, where he was an analyst
and trader primarily working with distressed debt and post
reorganization equities. Finally, Mr. Fuess worked at Gateway Partners a
boutique merger and acquisition firm where he was an analyst focused on
creating acquisition universes, industry matrix and recruiting CEOs,
CFOs and COO for industry consolidations.
Mr. Fuess received a B.S. degree in Finance from San Diego State
University, San Diego and an M.B.A degree in Finance from the Marshall
School of Business at the University of Southern California, Los
Jesse Torres, Regional Director, LA SBDC
As Regional Director of the Los Angeles Regional Small Business Development Center Network since 2011, JesseTorres oversees the budget and operations of the seventh largest federally-funded and the largest regionally-funded SBDC in the nation.Jesse previously served as Regional Director of the Santa Ana Regional Small Business Development Network, serving Orange, Riverside and San Bernardino Counties. Under his leadership, the network helped to create more than 500 jobs and create $47.5 million in economic impact for the region.
Immediately prior to joining the LA-SBDC Network, Jesse was Director of Alumni Relations for the Graziadio School of Business and Management at Pepperdine University, which maintains the largest MBA network in the West. During his tenure, the alumni department established seven new alumni executive boards, including the school’s first Hispanic Alumni Council, and launched new programs such as the Fast Pitch Competition and Small Business Series.
Jesse is the author of Rise of Hispanic Business from 1980 to 1994 and a member of the National Society of Hispanic MBAs and the Council for the Advancement and Support of Education.A Southern California native, Jesse has a BA in Psychology from the University of California Los Angeles and an MBA from the Graziadio School of Business and Management at Pepperdine University.
Stan Tomsic, Director, PortTechLA and Member, Pasadena Angels
As serial entrepreneur, Stan Tomsic's experience in the technology and
green/clean tech industries spans over 25 years. He was founder and
co-founder of several companies where he held management, executive and
CEO positions. Stan was the administrator of the Business Technology
Center of Los Angeles County, an accelerator incubator for high
technology entrepreneurial companies. He is a partner of ACODA
Technology & Investments, LLC, a firm specializing in strategic
assistance, business consulting, investments and mergers and
acquisitions for technology and services companies.
Stan is also a
Pasadena Angel, serves as a member of the board of directors and
advisors for several technology companies, and is a member of numerous
professional organizations. He is chairman emeritus of the Executive Committee of the Caltech/MIT
Enterprise Forum, co-founder and chairman of the Business Incubation
Network of Southern California (BINS) and is LA Metro Director for Cleantech Open. Stan frequently presents and speaks on entrepreneurship, incubation and high tech start-ups.
Ian Gardner, Chief Strategy and Investment Officer, LACI
Ian Gardner brings a unique set of skills to LACI with entrepreneurial,
management consulting, project development and
investment banking experience. As an investment banker
with Oracle Capital, LLC, Mr. Gardner specialized in
financing solutions for cleantech companies (seed/early
stage, development, growth, RTO, M&A, tech transfer to
China/ India/ Africa). Client sectors included: solar (panel/
services/ development), small wind, energy storage,
residential/commercial/municipal clean technology
financing products, electric vehicle, battery management
systems, EV charging networks, water treatment, LED,
shale gas, smart grid, smart building, biomass, waste to
energy, small hydro, and biofuels.Mr. Gardner also writesand produces the Finding Silence Project, a global hunt
for the mystical secrets of the universe.
Topics will include answers to:
- What kind of funding is right for you? and vice-versa.
- When is the right time to seek funding?
- How much is enough?
- What do you need in place to even ask?
- How can LAVA, MWD, and LACI help?