The pathway to a successful emerging growth company is full of wrong turns, dead ends and a few landmines. To successfully navigate the potential pitfalls, you will need experienced advisors who have " been there and done it." Our team of lawyers are experienced business counselors and former venture capital professionals who have advised companies from inception to IPO. We bring a strategic perspective to our clients business transactions and leverage our extensive networks to achieve strong business minded results. We look forward to guiding your emerging business down a pathway to success.
Lommen Abdo represents clients with a wide variety of Emerging Growth Business/Venture Capital issues. We are available to assist our clients, both individuals and businesses, with private placements, public offerings, and other capital raising endeavors. We offer advice to clients regarding compliance with state and federal laws and regulations and work with them on disclosure, registration and other matters.
Lommen Abdo is a partner of the Minnesota Cup, a statewide business plan competition hosted by the University of Minnesota and Wells Fargo. Minnesota Cup partners are companies that offer support and resources to early stage growth companies in Minnesota and also to the competition. At the heart of the Minnesota Cup competition is the idea that the ongoing vitality of our state economy in large part depends upon the continuous discovery and nurturing of innovative, trendsetting entrepreneurial ideas. It's these ideas that have the powerful potential to grow and become the next great business success story in our state. For more information about the Minnesota Cup, visit http://www.breakthroughideas.umn.edu/.
We would be pleased to answer any questions you may have about the services of our Emerging Growth/Venture Capital attorneys. Any questions may be directed to:
Dan Young at 612-336-9343 or email@example.com, or 800-752-4297
or any of the attorneys in this practice area pictured below.
Attorneys Greg Perleberg and Jeff O'Brien were featured with clients Mitch Omer and Katy Gerdes, co-owners of Hell's Kitchen/Angel Food Bakery, in the Resource Heroes edition of New Business Minnesota. Read the article.
February 1st filing deadline for Minnesota Angel Tax Credit Program - Investors who made investments pursuant to the Minnesota Angel Tax Credit Program must file a 2011 Annual Report by February 1, 2012. The filing fee is $100; there is a statute-mandated additional $500 penalty for annual reports postmarked after February 1, 2012. Investors must file reports for three years—for the year a qualifying investment was made and the next two years. This reporting requirement corresponds with the program’s requirement that the investment be held for three years (see the form for allowed exceptions). Please note: failure to hold the investment for three years requires repayment of the credit. The form is available at www.positivelyminnesota.com/angelcredit. If you have questions about the annual reporting requirement or other aspects of the program, please contact Kim Ann at Kimberly.Ann@state.mn.us.
Read the Startup America Update. “Startup America” is a White House initiative to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation.
Angel Investor Tax Credit Now Available in Minnesota! The House and Senate passed a package of tax cuts that legislators call the "jobs" bill, and it was signed into law on April 1, 2010. This is great news for the entrepreneurial community and will help reignite Minnesota's culture of innovation.
A list of key contacts is provided for Minnesota state agencies coordinating the federal stimulus money.
"How Positive Psychology Can Boost Your Business" from the February 13, 2009 Business Week. It's a reminder that optimism is a component to entrepreneurial success!
Lommen Abdo client, Midwest Wind Energy, featured in December 2008 Finance & Commerce article entitled "Green: Renewable-energy sector has high hopes for Obama administration."
How to Build a Bulletproof Startup, from Business 2.0
The Kauffman Foundation is working to further understand the phenomenon of entrepreneurship, to advance entrepreneurship education and training efforts, to promote entrepreneurship-friendly policies, and to better facilitate the commercialization of new technologies by entrepreneurs and others which have great promise for improving the economic welfare of our nation.
Venture Capital Funding Quarterly Transaction Reports:
- Alternative Energy·Clean Tech·Energy·Environmental
- Biotechnology · Pharmaceutical · Medical Devices
- Internet · Digital Media · eCommerce · Software
- Telecom · Wireless · Mobile · Communications