Monthly Archives: June, 2011


Urbana-Champaign Angel Network Holds Fourth Presenters Meeting

June 29, 2011

The Urbana-Champaign Angel Network held its fourth presenters meeting on June 29, 2011, at the IHotel and Conference Center, located in the Research Park at the University of Illinois. The meeting showcased four different startup endeavors seeking angel funding, including: The Product Manufactory, IntelliWheels, PrintEco, and GitBax. Each company receives a time slot in which to present and answer questions from angels.  Investments are then made on an individual basis. Serra Ventures is a sponsor and the facilitator of the Urbana-Champaign Angel Network. The next upcoming meeting is scheduled for September 27 of this year.


Upcoming Workshop “MERGE” to be facilitated by Tim Hoerr

June 27, 2011

As part of the Vineyard Church MERGE program, Tim Hoerr will be the featured workshop facilitator on the topic of discovering, developing, and living out one’s personal purpose.

MERGE is a new program at the Vineyard focused on business professionals and owners, and offers quarterly workshops and monthly luncheons on timely, practical topics.  The July workshop will also feature Evan McBroom, the owner and Creative Director of Fishbrook Communications.  McBroom will share his personal story of changing careers, and share his life lessons emerging from the traditional business area, and what he’s come to realize now, of the true meaning of “success.”

Tim Hoerr will be sharing his own personal journey, and on how to find purpose in one’s career using material from his book “Thank God It’s Monday!” and will offer a free copy for each participant who registers for the workshop.



Tim Hoerr Gives Presentation to UIUC Office of Technology Management

June 27, 2011

Tim Hoerr, CEO of Serra Ventures, presented the Valuation Principles for Start-up Companies to the summer interns at the UIUC Office of Technology Management on Friday, June 24, 2011.

The  workshop was titled “Understanding Startup Company Valuations” and covered a range of topics including: business valuation framework, terminology for start-up companies, and presentation and discussion of traditional valuation methodologies (income, asset, market). The presentation specifically focused on considerations in valuing technology start-ups and the importance of valuation in the grand scheme of raising capital.


Illinois Legislature Supports Technology Development Fund Legislation

June 13, 2011

Senate Bill 107, also known as TDA II, once enacted, will increase the amount of available venture capital in Illinois to support early stage and entrepreneurial businesses. TechAmerica applauded the Illinois General Assembly for supporting the bill on June 1, 2011. To view the entire article, follow this link.