Professionally managed by EsseX Capital, LLC, the “Community Venture Network (CVN)” was formed for rural communities and expanding companies in 1991 in an effort to bring high growth businesses together with economic development professionals seeking to attract business expansions and relocations to their community.
Emerging growth businesses find that the reduced operating costs, lower labor rates, attractive financing programs and unified community support provide the maximum opportunities for successful business growth. Too often, however, the community and the business never find each other.
Community Venture Network (CVN) was formed to assist communities in identifying these potential prospects. CVN conducts active outreach programs to identify these emerging businesses and educate them on the benefits of seeking “out state” locations.
The types of companies that find the most success through the CVN are:
- "Development Stage" Companies - Companies with existing product lines seeking expansion capital.
- Business Acquisitions - New business owners seeking additional equity or expansion capital to complete the purchase of successful, existing companies.
- Spin-Offs/Business Expansions - Current divisions of ongoing companies that are available for sale that might constitute a business opportunity for CVN members' existing business base.
Companies looking to expand operations and their employment base - and have a strong operating history beyond the pre-revenue stage - find the most success through the program; whether it be for full relocation or an expansion through a satellite/secondary facility.
Six times per year, we present 8 companies to our network of communities and program partners. Programs are hosted in Minneapolis and Chicago in alternating months with ND, SD, MN, IA, KS, WI, IL, NE, IN and MI formally represented.
Each presenter works with our staff to craft a presentation and community expansion opportunity that will be presented in a summary write-up document for each attendee as well as a 30 minute presentation. There is no cost to the companies that present.
.Should you have interest in talking further about our program,
please contact
us
Our schedule of CVN events can be found here.
|