SOURCE: Bang Ventures

April 25, 2008 16:05 ET

Online Voting Open Through April 30 for You Be the VC Entrepreneur Competition

Winners to Be Announced May

GREAT NECK, NY--(Marketwire - April 25, 2008) - Investment firm Bang Ventures reminds all would-be venture capitalists, entrepreneurs and anyone interested in the business of starting up a new company that the deadline is fast approaching to vote for your favorite new business idea in the You Be the VC competition. Votes must be cast at www.youbethevc.com by 11:59 pm on April 30, 2008, to be counted in the judging of America's best new company concepts.

The competition, which launched in the fall of 2007, offers people from all walks of life, not just insiders in the traditional VC community, to compete for resources to start their own companies. The nineteen finalists were selected by an expert panel of judges from companies such as Google, GrandCentral, Slide and Pownce and are currently in the running for the top three spots, which will be chosen with the help of public voting and announced in May.

The finalists are: Covel Allen of Arizona, Gil Allouche of Massachusetts, Raymond Angel of Indiana, Juan Carvajal of Florida, Andre Charoo of New York, Peter Ciancarelli of New York, James Clavin of North Carolina, Pete Coppola, Tyler Davis of Georgia, Joe DiPasquale of Connecticut, Leon Gomez of Florida, John Lynn of Nevada, Michael McCarthy of Massachusetts, Dan McLellan of New York, Michael O'Neil of Ohio, Tim O'Rourke of Massachusetts, Joe Uwazurike of North Carolina, Volodymyr Zakrevskyy, and Eric Zurbrugg of Georgia.

"We took an American Idol-inspired approach to finding some of the best hidden entrepreneurial talent in the U.S.," said Lynn Martin, of the You Be the VC competition at Bang Ventures. "As a result, we've seen an incredible response from people with terrific new ideas and the drive to see them through. We're excited to move into the next phase of You Be the VC and are looking forward to unveiling the winning ideas in a few short weeks."

The You Be the VC contest focuses on technologies for Web 2.0, including social networking, advanced search, Enterprise 2.0, advertising and mobile applications.

More information about the contest, including rules and advice for voting, can be found at www.youbethevc.com.

About Bang Ventures

Bang Ventures is a New York-based investment firm focused on early stage emerging technology companies. Launched in 2007, Bang Ventures gets into the projects at the inception phase, evaluating opportunities and empowering entrepreneurs to develop strong companies.

About You Be the VC

Equal parts incubator and American Idol, You Be the VC is a competition to find the best new entrepreneurs in the U.S. New company ideas are submitted and judged by business leaders, then selected by voters on the You Be the VC site, which also serves as an online community for people interested in building new companies. Visit www.youbethevc.com for more details.

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