Federal Communications Commission
News Media Information 202 / 418-0500
445 12th St., S.W.
Washington, D.C. 20554
Released: October 31, 2011
CAPITALIZATION STRATEGIES WORKSHOP
FOR SMALL, MINORITY- AND WOMEN-OWNED BUSINESSES
THURSDAY, DECEMBER 8, 2011, 9:00 a.m. - 4:30 p.m.
The Federal Communications Commission's Office of Communications Business Opportunities
("OCBO") will host its third annual Capitalization Strategies Workshop focused on capital
acquisition for small and diverse businesses in the communications industry. The workshop is
free and open to the public and will be held on Thursday, December 8, 2011 from 9:00 a.m. until
4:30 p.m. at the FCC Headquarters, Commission Meeting Room, 445 12th Street, SW,
Small, minority- and women-owned business owners interested in telecommunications,
broadcasting, or related businesses for which raising capital is a prerequisite, will hear remarks
presented by finance experts from both the government and private sectors. Our experts will
discuss challenges and strategies for obtaining public or private-sector financing for
entrepreneurs seeking to launch new enterprises or to grow existing businesses in broadband,
cable and broadcast TV, radio, wireless services, common carrier facilities, and others. The
workshop will also cover strategies for ancillary services that provide technological, marketing,
and administrative support to businesses in the communications industry.
Finally, the workshop will include 30-minute breakout sessions in which several of our panelists
will meet one-on-one with individual entrepreneurs and provide constructive feedback on their
All persons interested in attending this informative event in person are asked to register by
contacting OCBO at (202) 418-0990 or via e-mail at Karen.Beverly@fcc.gov
. Persons interested
in participating via the Internet may do so by logging on to www.fcc.gov/ocbo
. This event will
be streamed live. Reasonable accommodations for people with disabilities are available upon
request. The request should include a detailed description of the accommodation needed and
contact information. Please provide as much advance notice as possible; last minute requests
will be accepted, but may be impossible to fill. Send an e-mail to email@example.com
or call the
Consumer & Governmental Affairs Bureau at 202-418-0530 (voice), 202-418-0432 (TTY).
You can also follow us on Twitter at http://twitter.com/FCC and on Facebook at
Interested parties who wish to participate in the breakout sessions must
sign up in advance and
identify their top two choices of panelists with whom they would like to meet. Please take a
moment to review the investment criteria of each of the panelists and select the most appropriate
investor with whom you'd like to discuss your business plan and capital needs. Send your
business plan or other pertinent business information, together with your preferences for the one-
on-one sessions, via e-mail to Karen Beverly, Consumer and Industry Affairs Specialist, OCBO,
by no later than
Monday, November 21, 2011.
Karen may be reached at Karen.Beverly@fcc.gov
or by phone at (202) 418-0990 or (202) 418-0993. There will be a
limited number of breakout sessions, and appointments will be scheduled on a first-come first-
served basis. Nevertheless, we will do our best to accommodate your stated preferences.
Anita Stephens Graham (Opportunity Capital).
Opportunity Capital's primary investment
focus is providing capital to later stage companies seeking acquisition and expansion financing.
Opportunity Capital focuses primarily on businesses in the areas of communications, including
media broadcasting and wireless, applied technology and traditional manufacturing segments.
Opportunity Capital invests in companies with exclusive licenses or franchises, proprietary
products or processes or other unique features and characteristics that provide a clear and
sustainable competitive advantage. Opportunity Capital invests only in companies with
experienced, compatible management teams that adequately cover each of the businesses' key
functional areas. Their preferred investment range is $2,000,000 to $10,000,000. See www.opportunitycapitalpartners.com/
Patrick Kelley (SBA).
The U.S. Small Business Administration was created as an independent
agency of the federal government and formed to aid, counsel, assist and protect the interests of
small business concerns, to preserve free competitive enterprise and to maintain and strengthen
the overall economy of our nation. The SBA recognizes that small business is critical to our
economic recovery and strength, to building America's future, and to helping the United States
compete in today's global marketplace. The SBA helps Americans start, build and grow
businesses. Through an extensive network of field offices and partnerships with public and
private organizations, SBA delivers its services to people throughout the United States, Puerto
Rico, the U. S. Virgin Islands and Guam. For a description of SBA's loan programs, see www.sba.gov
Gary Bojes (USDA RUS).
USDA'S Rural Utilities Service provides programs to finance rural
America's telecommunications infrastructure. The Broadband Loan program provides loans to
fund the costs of constructing, improving and acquiring facilities to provide broadband service to
eligible rural communities. The Distance Learning and Telemedicine program brings electronic
educational resources to rural schools and improves health care delivery in rural America. The
Community Connect Grant program provides financial assistance to eligible applicants that will
provide broadband in unserved areas to provide public safety services and foster economic
growth. For more information about RUS, please visit www.usda.gov/rus/telecom
David Gillers (U.S. Senate Committee on Small Business and Entrepreneurship).
Committee on Small Business and Entrepreneurship is directed under the standing rules of the
United States Senate to be referred all proposed legislation, messages, petitions, memorials, and
other matters relating to the Small Business Administration (SBA).
Jack Biddle (Novak Biddle Venture Partners)
Novak Biddle Venture Partners (NBVP) was
established in 1997 to provide equity financing and assistance to the management of young
information technology companies. NBVP is backed by a number of the country's most
prestigious limited partners and has over $580 million under management. NBVP prefers to be
the first institutional capital brought into a business with a desired investment range of $100,000
to $10,000,000. While NBVP's focus is on information technology companies in the very early
stage through first round, they will consider financing later stage opportunities and spinouts
where they can add significant value. They will also syndicate larger or later stage rounds
through limited partners and other firms in the venture community. See http://www.novakbiddle.com
Brian Maillian (Whitestone Capital)
Whitestone Capital Group, Inc. (Whitestone) is a New
York based, minority owned and controlled investment-banking firm established in 1993.
Whitestone has garnered a reputation as a premier financial advisor and investment banking firm,
founded on credibility, integrity, and ability to provide clients with innovative solutions in a
timely, cost effective manner. Whitestone's core competencies include asset sales,
securitizations, privatizations of government assets, international securitizations, strategic
advisory services and portfolio analysis. Whitestone's standing engagements affirm its ability to
execute large-scale, multifaceted and complex transactions. Whitestone has worked closely with
Federal government agencies including the U.S. Small Business Administration, the Government
National Mortgage Association, and the Federal Housing Authority. Whitestone has created an
infrastructure that mirrors the deal management and asset sales processes to ensure quality
control and program integrity and oversight. See http://www.whitestonegroup.com
Hank Torbert (Avondale Ventures)
Avondale Ventures, LLC is a private equity acquisition
platform which is focused on both middle-market, change-of-control transactions and minority
investment transactions. Avondale Venture's strategy is to partner with existing
owners/managers as they acquire and invest in well-managed and well-positioned companies
located principally in North America. Avondale Ventures primarily sponsors deals involving
businesses with enterprise values from $5 million to $75 million. Their industry expertise
includes business services, consumer products, financial services transportation, media,
technology and communications. See http://www.avondaleventures.com
Jim Downey (Pacific Media Group)
Pacific Media Group is a media planning and buying
agency specializing in results-oriented radio, television, cable, and print advertising. Pacific
Media helps clients by advising them on best practices, while crafting messages and integrated
programs that work across multiple platforms. . See http://www.pacificmediagrp.com
Additional panelists may be added at a later date.