BIO on the road

While the economy may not be as robust as it has in recent years, there certainly was no sign of that at today’s Opening Luncheon. Jim Greenwood, our President & CEO welcomed attendees to the inaugural BIO National Venture Conference and cited these impressive stats:

• 140 top-level (VP and higher) venture capitalists – including 4 international investors – representing 90 firms from 16 states
•  61 companies from 13 states and 2 countries
• 41 company presentations
• 125 one-on-one meetings to date

The state with the most representation, not surprisingly, is Massachusetts. After all, we are in Boston. But coming in at a close number two: California (where we’ll be in a couple of months!)

All in all, not bad for a first time event! And when you factor in that spring is typically a busy time of the year in the industry with multiple events competing for people’s time and attention, it’s clear that many see the enormous value in this event.