SOURCE: The Capital Network

The Capital Network

April 28, 2010 08:30 ET

The Capital Network (TCN) Launches 2010 Venture Coaching Program; Confirms Coaching Participants and TCN Members Raised Over $15 Million of Angel Funding in New England

WELLESLEY, MA--(Marketwire - April 28, 2010) - The Capital Network (TCN) (, Boston's leading non-profit organization providing early-stage entrepreneurial education specifically on the funding process, today announced it has started accepting applications for its Spring 2010 Venture Coaching Program. The program prepares and positions participants to successfully raise funds from potential investors. In addition, the organization also announced that participants in 2008-2009 Venture Coaching Program, and other TCN Members, raised over $15 million of angel funding in 2009, and created over 30 jobs in new companies in the greater New England area. 

TCN's Venture Coaching Program
TCN's Venture Coaching Program provides entrepreneurs with expert feedback on venture fundamentals, including business and revenue model, sales and distribution model, financing model, value proposition development, and competitive and market positioning. It helps entrepreneurs understand the presentation materials necessary for fundraising, and provides them with real-time feedback on live presentations.

TCN's Venture Coaching Program has been successful in helping dozens of companies master the entire funding process and successfully raise seed capital for financing their high-growth startups. Recent graduates include:

  • Incentive Targeting, a retail marketing start-up incubated from Babson College's Business Hatchery, successfully raised $1.8 million of angel funding, created a strong board of directors and found a strong CEO;
  • Pixability, a video start-up founded out of the Massachusetts Institute of Technology, increased revenues ten-fold since participating in the Venture Coaching Program, raising a successful "A" round and increasing their headcount to meet demand for their new products.

"TCN is a truly effective organization because it offers hands-on practical programs that do more than simply sing the praises of entrepreneurship. Since participating in TCN's Venture Coaching Program, Pixability increased revenues significantly," Bettina Hein, CEO Pixability.

TCN Successes Fuel Interest in New Programs
Over the past year, TCN has successfully created deep relationships between members of the Boston area Entrepreneurial Ecosystem which has helped drive over $15 million of funding into promising early-stage companies. Participants include New England's premier entrepreneurs, angel investors, venture capitalists, corporate/strategic investors, government agencies, educational institutions, and area-expert service providers. To meet the demand:

  • TCN doubled the number of new programs offered to early-stage entrepreneurs to include sessions on Friends & Family Capital, Valuation Metrics, new Mobile sessions and Dilution Modeling class.
  • TCN expanded to offer additional programs and events in focused areas such as Women Entrepreneurship, Mobile, Clean Tech and Life Sciences.

About The Capital Network (TCN)
The Capital Network (TCN) is Boston's leading non-profit organization, providing extensive educational programs and a community to help early-stage entrepreneurs master the entire funding process. For entrepreneurs seeking between $50K and $4M in seed, angel or venture capital investment, TCN provides the most comprehensive set of early-stage financing education, networking and resources available. With more than 35 events annually, including large breakfast roundtables, intimate deep-dive topic expert lunches, mentoring sessions, venture coaching, focused industry events and networking receptions, the organization provides the tools and guidance necessary to build and grow a fundable business. These events also provide investors with the opportunity to see some of the area's hottest startups up close, and gain exposure to exciting new technologies and businesses. Headquartered in Wellesley, MA, please visit TCN's site for more information at

Contact Information

  • Dana Harris
    Red Javelin Communications, Inc.
    +1 (978) 440-8392
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