The event has held, as in prior years, at the Quadrus Conference Center located on the most densely VC-populated street in the world, Sand Hill Road in Menlo Park, California. The event is emblematic of the Hispanic Net’s mission which is to bridge entrepreneurial resources and environment with Hispanic entrepreneurs and markets.
The companies presenting at The 2009 Venture Forum included Suneco Energy (biofuels) and Green Holdings (marketable uses/products from problematic waste) as well as Cafe Media (popular media content for Latinos) and SaberHacer (Internet-based content resources and reference customized for the Hispanic market).
Investors attended from a wide range firms spanning both Northern and Southern California, Angel investors to traditional VC firms. At the time of this article, several have entered into follow-up meetings to explore investment deals.
This event coincides with the expansion of Hispanic Net’s role in fostering broader investment in Hispanic markets and entrepreneurial ventures. As of August, 2009, Hispanic Net has undertaken the management of Access to Business Capital program created by the California Hispanic Chamber of Commerce (CHCC). Hispanic Net’s initial engagement of this area took place at the CHCC Annual Conference in San Diego in August of this year.
The next Hispanic Net Venture Forum is schedule for September of 2010.