Collaboration portal helping small business find funds

Arizona groups launch equity crowdfunding site to connect businesses with capital

By Devin Conley | Cronkite News | POSTED: Oct 23, 2015

The biggest challenge for Arizona entrepreneurs today is access to capital, said Dan Nienhauser, executive director of Arizona Collaboratory Inc.

To address the issue, the Arizona Technology Council has partnered with Arizona Collaboratory Inc. to launch the Arizona Collaboratory Capital Connectivity Portal.

ABOUT THE COUNCIL

The Arizona Technology Council is the driving force behind making our state the fastest growing technology hub in the nation; connecting and empowering Arizona’s technology community. As Arizona’s premier trade association for science and technology companies, the Council is recognized as having a diverse professional business community. The Arizona Technology Council offers numerous events, educational forums and business conferences that bring together leaders, managers, employees and visionaries to make an impact on the technology industry. Council members work toward furthering the advancement of technology in Arizona through leadership, education, legislation and social action. These interactions contribute to the Council’s culture of growing member businesses and transforming technology in Arizona.
This online platform is the first aimed strictly at Arizona technology companies and investors, organizers said.
The portal has two goals: connect startups with investors to generate capital and prepare businesses to manage the funds.

Technology Advocacy & Technology Public Policy

The Council is one of the state’s leaders in driving a pro-growth, business-focused state and federal technology agenda. The Council serves as a voice for the technology community, testifying before the legislature on a regular basis and as part of the Council’s annual Governor’s Celebration of Innovation, its Public Policy Committee selects ten Arizona legislators with a track record of supporting the technology industry to be honored during the awards ceremony.

A Voice for the Technology Industry - The Council supports key ideas, goals, legislation, and initiatives that enable Arizona to:

• Create an environment that supports technology related jobs
• Improve the business climate for the technology industry
• Provide sources of capital that encourage entrepreneurship
• Train and attract the required talent to compete in a global innovation economy