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Original Post.

Define a startup:

An early stage business that has identified a solution to a problem, and now is working to turn that solution and their assumptions into a viable business.

Explain your work over the years in local startups?

Over the past nine years, we have invested over $30 million in local startups. I’ve also had the opportunity to serve as strategic adviser on the boards of six more local startups, where I provide guidance and mentorship on successfully scaling, building out the executive team and overcoming growth challenges.

Why do you think it’s important to help local startups?

Startups are the lifeblood of any local economy. They create jobs, attract new talent and business, and help the local economy weather downturns. But it takes a great deal to successfully scale a growth company. They need access to resources and support in terms of capital investment and human capital.

Read more here: https://www.bizjournals.com/phoenix/news/2017/08/25/20-people-to-know-startups-todd-belfer.html

Original Post.

Define a startup:

A company with less than $10 million in revenue.

Explain your work over the years in local startups?

Canal Partners invests in early-stage, revenue-generating software-as-a-service companies that are looking to accelerate growth. We get involved with the management team of each company, typically by taking a board seat, and partnering with founders, CEOs, and their teams to hire key employees, build and implement growth strategies, create and adjust annual budgets, and otherwise support the company as needed.

Why do you think it’s important to help local startups?

Diversifying our economy in Arizona is a high priority. Through startups, we’re able to create and participate in varying industries, and provide jobs and community support as we move forward on fulfilling that priority.

Read more here: https://www.bizjournals.com/phoenix/news/2017/08/25/20-people-to-know-startups-patrick-armstrong.html

River Cities provides its portfolio companies with post-investment support including access to an extensive network of industry contacts, strategy consulting, market research and management recruitment.

Download the report and surveys here: http://rccf.com/resources/

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