Long Island Startups Invited to ‘Pitch’ Angel Investors at Adelphi University
Nassau County Executive Edward P. Mangano announced plans to assist Long Island-based startups and early-stage companies in pitching their technology products to leading angel investors in the style of the hit show, Shark Tank on ABC. The event, Pitch Island, is hosted by the Nassau County Tech Task Team (T3), co-chaired by Andrew Hazen of LaunchPad. Pitch Island, the latest Technology Island initiative, will be held at the Adelphi University’s Performing Arts Center on April 30th from 2 p.m. to 4:30 p.m.
County Executive Mangano stated, “Pitch Island provides local tech startups with an effective way to meet private investors that are willing to provide seed money to help entrepreneurs get their businesses off the ground. While most small business owners find angel investors through word of mouth, Pitch Island provides a more creative way to meet to private investors.”
Angel investors are estimated to provide 90 percent of all seed and start-up capital, compared to the venture capital community, which invest less than 2 percent in start-ups and instead focus on a smaller pool of later-stage companies.
“Pitch Island is a MUST ATTEND event for parents and children. Our next generation of entrepreneurs and STEM-focused students will be inspired, motivated and driven by the Long Island-based startups pitching for capital,” added Andrew S. Hazen, Founder & CEO of LaunchPad and co-chair of the Tech Task Team.
For more information visit www.PitchIsland.com