LaunchFuel Announces Alliance Network: Industry-leading Service Providers Complement LaunchFuel's Core Capabilities to Accelerate Startup Ventures
Herndon, VA, October 30, 2000 LaunchFuel, Inc., a premier venture services provider that works closely with venture capitalists, angel investors and incubators to move Internet and technology startups more quickly and successfully to market, announced today the formal introduction of the LaunchFuel Alliance Network. Since the company was founded last year, LaunchFuel has developed alliances with leading industry experts that offer complementary services in a wide array of business services integral to the success of early-stage companies.
LaunchFuel assembled the Alliance Network to:
The Alliance Network consists of organizations that complement LaunchFuel's expertise. LaunchFuel has secured relationships with over 35 service providers in areas such as: Web design and development, public relations, recruiting, accounting, advertising, creative and legal services.
A representative list of partners includes: CB Richard Ellis (NYSE: CBG); Grant Thornton; Hill and Knowlton; Piper Marbury Rudnick & Wolfe LLP; The SheaHedges Group; and J Walter Thompson Technology.
"At LaunchFuel, we serve as an advocate for the startup venture and vendor selection is an important component to early success in a business," said Mary Knebel, president and chief executive officer for LaunchFuel, Inc. "LaunchFuel's Alliance Network is a critical part of our efforts to provide the most comprehensive support to early-stage companies," Knebel added.
"LaunchFuel and The SheaHedges Group share a focus on innovative technology companies as well as a reputation for creative strategy that generates rapid results," said Kristi Hedges, principal and co-founder of The SheaHedges Group. "LaunchFuel's expertise in taking emerging companies to a competitive level is a perfect complement to our core business of helping companies communicate their message and get on the public map."
Under the Alliance Network program, LaunchFuel maintains non-exclusive agreements with partners for the benefit of LaunchFuel's clients. The Alliance Network partners are chosen based on their proven ability to serve early-stage companies during periods of accelerated growth. As a tool to promote interaction and "deal flow," partners have access to the LaunchFuel AllianceNetSMa private extranet that offers LaunchFuel clients, partners, and investors an opportunity to learn about each other's core capabilities and a forum through which they can work together efficiently. LaunchFuel does not accept fees or compensation from referrals to Alliance Network partners and vendor recommendations are made strictly when it is clear that partner offerings will serve the interests of LaunchFuel clients.
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