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is a partnership of non-profit, community-based venture centers that connects innovative entrepreneurs with a network of expertise, resources, and capital sources to grow their companies into profitable and sustainable businesses. CTEK venture centers are located in Boulder, Longmont, and at the Stapleton redevelopment in Denver. Programs include custom advisory services, introduction to capital sources, investment pitch preparation, financing strategies, IP strategies, operational team development, business and strategic planning, globalization, and go-to-market strategies. CTEK services triple the chance of business success, increasing from the national average of 25% to 74%.

CTEK has 3 initiatives:

CTEK currently manages Colorado’s largest private investor group, the CTEK Angels. This group of high-net wealth individuals not only invest in innovative companies in Colorado, but brings significant business expertise and contacts to further these companies. Consequently, CTEK Angels fund 2.5 times the number of deals as compared to the national average. CTEK is currently working to expand the angels network by assisting other communities to start their own angels groups and networking the groups together, thereby unlocking capital across the state. CTEK is also working on the development of a private equity fund that could match angel investments, resulting in more capital to the companies and more deals in Colorado.

CTEK is currently working with Colorado Universities and private industries to foster technology transfer. By assisting universities to bring technologies to market and helping private industries locate technologies, new businesses and products result.

The longest running CTEK program, the community Venture Center program works directly with innovative entrepreneurs to increase the chances of success. The CTEK Network is the key to supporting entrepreneurs. Consisting of over 4,000 people, including 850 registered advisors, these individuals come from prominent corporations, local high-growth companies, venture firms, banks, angel groups, business and engineering schools, technology centers, law and accounting firms, professional service firms, and economic development agencies and associations. Registered advisors donate their expertise and time to assist entrepreneurs in growing their companies. Venture Centers and Affiliates tap into this network, allowing communities to share resources across geographic areas and providing innovative entrepreneurs access to Colorado’s best expertise, resources, and capital sources.



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Hear Alex Summoury, Executive Director of CTEK Longmont and John Cody, CEO of the Longmont Area Economic Council, talk about their successes and challenges.
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As one of his 2006 initiatives for the statewide business catalyst, CTEK Venture Centers President Gary Held wants to launch a CTEK private equity fund. The fund would make capital available to entrepreneurs throughout Colorado who would not have to be CTEK clients.
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Digital Access, Inc. a software developer and service provider focusing on the residential real estate industry, has signed a comprehensive advisory services agreement with CTEK Stapleton.
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AquaCura, the manufacturer of the Dry Gear Cast & Bandage Protector, has signed a comprehensive advisory agreement with CTEK Stapleton.
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	Entrepreneurship information (PDF)
	CTEK Angels home page
	Programs for Entrepreneurs

• Advance Colorado Center      1625 Broadway, Suite 950, Denver, CO 80202      Tel: 303.592-4062    Fax: 303.592-4061