4/20/2011 BNC Tech Pitch: Ira Weiss Guest Stars and Two Startups Pitch

April 19, 2011 | By | Add a Comment

The next BNC Tech Pitch is upon us. Every few months, David Carman, President and CEO Business Network Chicago, hand-picks startups to rev up their powerpoint presentations and make a case for why their startup is the Next Big Thing. The evening also includes an interview with a VIP entrepreneur, in this case Ira Weiss.

Presenters at the April 20th Pitch will be:

Mega Pools

Mega Pools

Mega Pools web-based software enables companies to pay their invoices electronically via the Internet.  The software does not require integration with clients’ applications, can be deployed in less than a week as opposed to months, is based on Credit Push methodology and can also handle traditional Debit Pull methodology, and employs open file architecture.   In 2009, approximately 7.8 billion B2B checks were issued with a market value of 55.4 billion dollars.  Currently, the company is participating in a pilot program and engaged with multiple S&P 500 companies as prospective customers.

eSpark

eSpark is an after-school learning program that improves student skills by combining fun with state-of-the-art technology, educational games, and strong ties to the community.  100% of students remain in the club and 80% of the students raised their standardized math and reading scores last summer.  Their proprietary software assesses a student’s unique needs and suggests the most appropriate educational game or mobile app to accelerate their learning.  The company is in serious negotiations with a major public school system and has raised $600,000.

The interview portion of the Tech Pitch will feature:

Ira Weiss, Managing Director of Hyde Park Angels

Ira Weiss

Ira Weiss is a Managing Director of Hyde Park Angels (HPA), one of the premier angel groups in the MIdwest with 80 investors as members.  In the past 12 months, HPA has funded 7 early-stage companies (Media Chaperone, Edulender, HoneyApps, FeeFighters, TapMe Games, YCharts, and SonarMed) and typically invests between $250,000 and $750,000.  Venture capital funds participated in most of these deals joining the syndicate of co-investors.

In addition, Ira teaches entrepreneurship to MBA students at the University of Chicago Booth School of Business.  He has personally invested in 35 private companies and is a former Managing Director at RK Ventures.

Evening Agenda:

5:30 – 6:00 p.m.  Registration & Open Networking

6:00 – 6:30 p.m.  2 companies pitch their ideas

6:30 – 7:00 p.m.  Interview

7:00 – 8:00 p.m.  Open Networking

The BNC Tech Pitch will take place Wednesday, April 20, 2011 from 5:30 – 8 p.m at Perkins Coie, 131 S. Dearborn, Suite 1600. Admission is $20 online, $30 at the door.  (Price includes appetizers & drinks.)

Online registration ends at 5 p.m. on Tuesday, April 19, 20ll. (Online price does not include registration fee.)

If you are an early-stage tech company and want to present at “TechPitch,” contact David Carman at 312-943-6376 or dcarman@BNChicago.com.

eSpark Game Demo from David Vinca on Vimeo.

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