Browsing articles in "News & Updates"

The Center for Entreprenuership Economic Development at Rutgers-Newark and H360 Capital Announce Partnership at White House Urban Entreprenuership Summit

Jun 6, 2011   //   by Benjamin Evans   //   Blog, featured, News & Updates  //  No Comments

THE CENTER FOR ENTREPRENUERSHIP & ECONOMIC DEVELOPMENT AT RUTGERS-NEWARK, AND H360 CAPITAL ANNOUNCE PARTNERSHIP TO BRING ‘BIG IDEAS INITIATIVE’ TO NEWARK, NEW JERSEY AT THE WHITE HOUSE, RUTGERS ENTREPRENEURSHIP SUMMIT

H360 Capital is a minority-run early stage venture capital firm, with a particular focus on business development activities of ‘market disrupting’ technology companies. The agreement will bring 20 new technology firms to Newark by 2012

Newark, NJ – June 6, 2011 The Center for Urban Entrepreneurship & Economic Development (CUEED) at Rutgers University Newark is partnering with Mr. Hezekiah Griggs III and H360 Capital to bring technology through its ‘Big Ideas Initiative: B2i’ to Newark, NJ. This is a revolutionary step that will have transformative impact on the economy of New Jersey’s largest city. H360 Capital is an early-stage technology venture capital firm. “We are working with H360 Capital to help bring many of the firms’ future and current portfolio companies to the City of Newark, NJ” said Dr. dt ogilvie, Founding Director of CUEED. “We hope that our efforts moving forward will allow for H360 Capital to find Newark as a viable option to base its operations and general investment activities.”

H360 Capital also announced today, that it will be moving its headquarters to a New York/New Jersey City upon an agreement to be publicized in a subsequent release. H360 Capital’s current activity in Charlotte, NC, which served as its previous base, will be transformed into a regional hub.

“We are positive that this is the right step in providing the greatest value for technology entrepreneurs we fund,” said Hezekiah Griggs III, Managing Partner of H360 Capital. “When I formed the thesis for H360 Capital, I wanted the firm to be able to impact a city like Newark, by creating a private-public partnership where all parties are invested in the creation of innovation as a solution to broad community-related economic concerns. Today’s announcement establishes that we will have a very large footprint in Newark, as we intend to evangelize the vision that all parties have for Newark being an important hub for technology firms in the next 10 years. We are grateful to CUEED Director Dr. dt ogilvie for her efforts.”

“As an early-stage technology VC, a key component of our activity with ‘B2i’ will be to invest in ‘market-disrupting’ technology ideas, and provide the business development necessary to expand those ideas or companies, into international brands,” said Mr. Griggs. “As a part of our commitment, we will help to bring technology, jobs, and opportunities to a City that will benefit greatly from attracting emergent technology companies to its City. This is a great day for H360 Capital, CUEED, and certainly the City of Newark.”

The initiative, dubbed B2i, will invest up to $50,000 in 20 technology start-ups, with CUEED providing resources and support to the entrepreneurs that receive investment.

Dr. Jerome Williams, Prudential Chair and Research Director of CUEED said, “This is a great day for CUEED’s ongoing economic development activities. We are exploring a “technology park” joint venture with H360, “gown/technology” partnership, if you will, which then could become a magnet for other firms.” Williams added, “H360 Capital’s investment activities will spur the right kind of entrepreneurial technology-revival that CUEED has been looking to identify and bring to the City for some time. With today’s announcement, H360 Capital greatly advances CUEED’s mission to add technology jobs, entrepreneurs, and companies to the footprint of our city.”

Brian Peters, a partner at H360 Capital who leads B2i’s investment team said “We are excited about our new relationship with Newark, and I am particularly elated about our newly formed partnership with CUEED.” Peters added, “The opportunities that this provides for the City of Newark, technology entrepreneurs, and CUEED, and our firm our endless, and I await the many milestones we will see as a result of this partnership.”

CUEED Director and Rutgers Newark Business School Professor Dr. dt ogilvie said “H360 Capital’s commitment to Newark provides technology jobs and opportunities to technology entrepreneurs that CUEED has been extremely active in working to make happen.” Dr. ogilvie continued, “CUEED’s partnership with ‘B2i’ will help to fulfill our mission to providing greater opportunities to entrepreneurs currently in our City and those migrating to our City in the future. I want to thank Hezekiah Griggs III and the Partners at H360 Capital for bringing national attention to Newark’s commitment to technology & entrepreneurship.”

About CUEED

The Center for Urban Entrepreneurship & Economic Development (CUEED) is the first center of its kind in the nation to integrate scholarly works with private capital, government, and non-profit sectors to develop citywide resources and bring renewed economic growth and vitality through urban entrepreneurship. CUEED promotes and fosters a new generation of urban entrepreneurs who actively seek socially conscious urban renaissance. CUEED is based at Rutgers University, The State University of New Jersey.

Contact:

The Center for Urban Entrepreneurship & Economic Development
Rutgers Business School Newark and New Brunswick
One Washington Park, 10th floor
Newark, NJ 07102

Phone: 973-353-5987
Fax: 973-353-5427
Website: business.rutgers.edu/cueed

About H360 Capital

H360 Capital is an angel venture capital firm based in NJ/NY area, with regional hubs in Charlotte, NC and Austin, TX. The firm invests in early-stage start-ups with market-disrupting ideas. Innovation is considered key to H360’s investments, as they are typically new ideas that either change a market, or creates one. Learn more about H360 Capital online at: H360Capital.com

Contact:

Press/Media Relations
H360 Capital
NJ/NY: 201-815-H360
Charlotte: 704-389-0360
info@h360capital.com

H360 Capital continues to bolster Venture Capital leadership team with the addition of Sirena Moore, and Renee Russell

Apr 25, 2011   //   by admin   //   News & Updates  //  No Comments

Early-stage Venture Firm H360 Capital continues its expansion today, bringing on Entrepreneur Sirena Moore and Strategy Professional Renee Russell as associate partners.

Charlotte, N.C. – April 25, 2011 – H360 Capital, an early-stage venture capital firm announced today that Sirena Moore and Renee Russell will join the firm as Associate Partners effectively immediately. Moore will provide entrepreneurial insights and executive experience to the team, while Russells diverse professional experiences and networks will help drive H360s strategic partnerships and investment activities.

“Today, H360’s leadership team got much stronger,” said H360 Managing Partner Hezekiah Griggs III. “Sirena and Renee are exceptional thought-leaders, and we can’t be more excited as a firm to have them as a part of our team. The myriad of achievements they’ve had individually will make us collectively stronger as a firm, and provide even greater value to our investment activities moving forward.”

Moore entered the corporate world at the age of 17 by working for industry leaders such as Morgan Stanley Dean Witter, Advest and Palm, Inc. with an objective to obtain the skills necessary to fulfill her dream of becoming an entrepreneur.

At 21, she launched Elohim Cleaning Contractors, Inc., a full-service construction cleaning firm that provides wide range of services to general contractors and construction management firms. Now a multi-million dollar company, her business consistently ranks among the top minority-owned businesses in the country.

Moore serves as one of the youngest Greater Philadelphia Chamber of Commerce Small Business Board members, and was named 2010 Small Business Person of the Year. Now 28, she has graced the cover of Black Enterprise Magazine, and works as a tireless advocate for young female entrepreneurs.

“Mr. Griggs and the Partners’ vision for H360 Capital is one that I am very much aligned to,” said Moore. “My experiences as an entrepreneur give me a first-hand perspective on the resources available, and why in particular H360 Capital is needed. I look forward to the success we will have, together, at H360 Capital.”

“We are excited about the addition of Sirena Moore to our team,” said H360 Capital Partner Fenorris Pearson. “She is an inspiring role model for entrepreneurs, and her contributions to our team will be immeasurable.”

Renee Russells relevant professional experiences can be attributed to her days at Goldman Sachs supporting IPO transactions of consumer e-tailing companies. She worked at Time Warner, as a business development analyst, advancing to corporate strategy associate where she evaluated internet start-ups for potential investments. Russell’s most recent role was Business Affairs Manager with Burford Group Limited, a start-up hedge-fund that focuses on US Commercial Litigation and International Arbitration.

A Wharton Graduate, Russell earned a degree in both Entrepreneurial Management and Finance. A former Assistant District Attorney, Russell has a law degree from Howard University School of Law and was admitted to the bar in both New York and New Jersey.

“H360 Capital is a wonderful opportunity for me to use my full repertoire of talents, connections, and leadership experience,” said Russell. “The team at H360 Capital is quite impressive, and I’m looking forward to actively being involved as we continue to develop as a firm.”

“Renee is a great addition to our team,” said H360 Capital Partner Brian Peters. “She will be a central piece in our ongoing fundraising, and deal flow activities.”

The additions of Sirena Moore and Renee Russell are among the latest moves by the venture capital firm. In the past three weeks since Hezekiah Griggs III announced the firm, H360 Capital has added Serial Entrepreneur Brian Peters, former VP of Motorola and Dell Fenorris Pearson, and former Hewlett-Packard (HP) and Microsoft executive Corey Rosemond as Partners. NFL-player turned Corporate Lawyer Bob Brown was also introduced as Partner and General Counsel.

About H360 Capital

H360 Capital is an angel venture capital firm based in Charlotte, NC. The firm invests in early-stage start-ups with market-disrupting ideas. Innovation is considered key to H360’s investments, as they are typically new ideas that either change a market, or creates one.

Contact:

Press/Media Relations
H360 Capital
704-389-0360
info@h360capital.com

The H360 Fellowship | April 22, 2011

Apr 22, 2011   //   by Hezekiah Griggs III   //   Blog, News & Updates  //  No Comments

The H360 Fellowship
Hezekiah Griggs III | Managing Partner, H360 Capital
April 22, 2011

Over the last two weeks, H360 Capital has made a major impact on Venture Capital activity.

In fact, we have been so busy that I have been unable to write posts on the activities of the firm (too much to write, and not enough time to write it). However, I wanted to make sure that I wrote a specific note about the opportunity offered by the H360 Fellowship.

Click Here to Read More

The Must:

1. You must be enrolled in College. (either undergrad or grad) If not enrolled, you must explain why you should be considered in great detail for this opportunity.

2. Your major or concentration must be Finance, Business, Politics, or Law.

3. You must have a GPA of at least a 3.3, or the ability to demonstrate strong leadership skills through active involvement in community organizations.

The Important:

1. Demonstrate a desire to be involved in Venture Capitalism.

2. Be readily prepared to be challenged, in a high stakes situations.

3. Be able to commit time and energy to the fellowship.

4. Lead, and provide thought-leadership to diverse leadership teams.

5. Understand, and have full awareness of your skillsets, and why they are valuable to H360 Capital.

Supplemental Information:

The opportunity to work with the Partners at H360 Capital and learn from their experiences is significant for young emerging leaders in business. All applicants should be aware of the significance of the opportunity before applying, and recognze that we have limited slots available. We expected to review apps from the best of the best, and we will expect those that apply for the fellowship to demonstrate a full breath of understanding.

Location and Requirements:

1. Applicants are expected to Submit a Resume and Cover Letter to fellows [at] h360capital.com.

2. Participation in the fellowship does not require you be physically located in the areas the firm is expected to do business. They may reside anywhere in the US.

3. Fellows will be assigned work that is commensurate to the skill sets they showcase upon applying. Some fellows will be granted the opportunity to work in-house with myself and the rest of the partners. In this case, applicants must be aware that they are likely (if accepted) to be requested to travel with partners, do due diligence on firms across the country, and may be asked to live in the area of the firms operation.

4. The commitment will last from acceptance to the end of the summer. At the conclusion, a fellow will be asked to stay throughout the year, to further participate in the firms activities.

The Value Proposition:

As with any opportunity, I am looking for the best of the best and once I, and the Partners recognize the best in the fellowship, we will be offering a full-time position at the firm for the fellow who demonstrates the greatest potential during the fellowship.

And, btwacceptance is on a first-come, first-serve basis! Good Luck!

If you have any questions, you can contact me by clicking on the links below:

My handle on twitter: @HezekiahGriggs

- HG3

Connect with Hezekiah Griggs III:

Corey Rosemond Joins H360 Capital as Partner

Apr 19, 2011   //   by admin   //   News & Updates  //  No Comments

The Gaming industry visionary, formerly of Dell, HP, Microsoft and current Professor at The Guildhall atSMU, brings his Consumer and Gaming Expertise to H360 Capital’s Technology Entrepreneurs

Charlotte, N.C. – April 19, 2011 – H360 Capital, an angel venture capital fund today announced that Corey Rosemond will join the firm as Partner effective immediately and lead H360 Capital’s Consumer Investment activities where he will provide his unique insight and expertise to entrepreneurs.

“We are very fortunate to have Corey Rosemond join our team. He is an exceptional individual with a great reputation in the consumer and gaming communities,” said H360 Managing Partner Hezekiah Griggs III. “His success at HP and Microsoft in particular provides unique insight to our portfolio entrepreneurs, and I look forward to his full engagement in our future interest as a firm.”

Corey Rosemond has been in the gaming industry since 1997 where he has worked on a number of successful products in the hardware and software space on a variety of platforms. He has managed and advised a number of deals and evaluated a number of start-up and established partner companies resulting in significant growth within both gaming and other forms of online consumer media.

“I’m excited about this opportunity, and honored to be a part of the H360 Team,” said Rosemond. “As a graduate of the Founder’s Institute, I recognize the importance of a firm like H360 in the venture capital space. I hope to bring a lot of my experiences, thoughts, and expertise to the H360 team as we began to help entrepreneurs realize their dreams.”

“Having had a previous relationship with Corey, and knowing his business acumen, I am confident that he will be a major asset to H360,” said H360 Capital Partner Brian Peters. “He knows his stuff, and with the value he brings in the gaming and mobile world – we would be hard-pressed to find a better fit for our team.”

Currently Corey Rosemond is a professor at The Guildhall at SMU, one of America’s leading programs for Video Game Development and Production as well as an independent publisher and business development executive representing a number of small, innovative companies in the gaming space.

About H360 Capital

H360 Capital is an angel venture capital firm based in Charlotte, NC. The firm invests in early-stage start-ups with market-disrupting ideas. Innovation is considered key to H360’s investments, as they are typically new ideas that either change a market, or creates one.

Contact:

Press/Media Relations
H360 Capital
704-389-0360
info@h360capital.com

H360 Capital launches innovative Big Ideas Initiative

Apr 5, 2011   //   by admin   //   News & Updates  //  4 Comments

The initiative, dubbed B2i, will focus on developing ‘Big Ideas’ by entrepreneurs looking to disrupt the tech space

Charlotte, N.C. – April 5, 2011 – H360 Capital today announced the launch of the ‘Big Idea Initiative.’ This is the latest announcement by H360 Capital, and its ongoing efforts to invest in tech entrepreneurs and ideas that have the potential to disrupt markets.

The new initiative, dubbed B2i, will invest up to $50,000 in 20 technology start-ups. As a society, we haven’t begun the scratch the surface of innovation in technology” said H360 Managing Partner Hezekiah Griggs III. In the past five years, we’ve seen the greatest growth of technology advancements in human history, and the future of technology promises even more. B2i positions H360 to successfully be a part of the promising future of technology advancements in the world.”

H360 Capital’s Big Ideas Initiative is designed to bolster the firm’s investments in early-stage ventures, and to further the potential portfolio companies’ creatively tackle scientific and technical ideas. Additionally, H360 will draw upon the partners vast experience, and network of ‘thought-leaders’ to offer mentorship, business development expertise, operational support, and executive training exercises for funded entrepreneurs.

Brian Peters, a partner at H360 Capital will lead B2i’s investment team. We’ve been making exciting announcements the past few days, but I have to say I’ve been the most excited about the potential B2i has for our firm,” said Peters. “The opportunity to have a more active role in these early-stage companies is what I believe Mr. Griggs has successfully identified as a part of the core structure of our firm’s responsibility.”

This is a very important step in H360’s long-term interest in making an impact on the technology we use in our lives,” said H360 Partner and General Counsel Braynard Brown. “Companies like Facebook, and Bloom Energy provide a great analogous for the type of online innovation our lives have adapted with relative ease over the past few years; and we believe that they are the beginning of what’s to come.”

B2i’s mission will be fully realized when the ideas (and vision) of the entrepreneurs we invest in, become prolific in the lives of users and consumers,” said H360 Partner Fenorris Pearson. “The chain reaction caused by initiatives for entrepreneurs, acts as a catalyst for greater opportunities for the communities they impact – we created B2i in that same spirit.”

B2i will not be limited to investing in developed innovations. Applications will be provided on H360 Capital’s website, H360Capital.com, following a subsequent release announcing the criteria for B2i. H360 Capital is already accepting business plans and investment inquiries at ideas@h360capital.com

If you would like a partner, or member of H360 Capital’s leadership team to come to your high school, college, or club, please send an email with your name, location, and school or club to info@h360capital.com.

About H360 Capital
H360 Capital is an angel venture capital firm based in Charlotte, NC. The firm invests in early-stage start-ups with market-disrupting ideas. Innovation is considered key to H360’s investments, as they are typically new ideas that either change a market, or creates one.

Contact:
Press/Media Relations
H360 Capital
704-389-0360
info@h360capital.com

Fenorris Pearson Joins H360 Capital as Partner

Apr 4, 2011   //   by admin   //   News & Updates  //  No Comments

The former VP of Dell, Motorola, and current Executive Chairman of Global Consumer Innovation Brings Consumer and Product Expertise to H360’s Technology Entrepreneurs

Charlotte, N.C. – April 4, 2011 – H360 Capital today announced that Fenorris Pearson will join the firm as Partner effective immediately. Pearson will provide his unique insight and expertise to entrepreneurs in consumer and social media.

“Fenorris epitomizes the high-caliber success we want our entrepreneurs to embrace and implement into their end-goal strategies,” said H360 Managing Partner Hezekiah Griggs III. “His success in corporate, and his ongoing efforts to improve the quality of investments for investors, appropriately defines him as a ‘consummate executive.’ His addition as a Partner, positions H360 to a cumulative level of ‘standard and quality’ that we hope to transfer to our firm’s investment strategy and portfolio companies.”

In 2010, after a successful career at some of the largest companies in the world, Pearson founded Global Consumer Innovation, Inc. Recently under Fenorris’ leadership; GCI won the Business of the Year award from the office of Texas Governor, Rick Perry.

Prior to taking the leadership role at Global Consumer Innovation, Fenorris served as Vice President of Consumer Innovation at Dell, Inc. There, he was responsible for more than 300 employees across 4 continents. While at Dell, Fenorris helped lead the strategy around several new concepts with revenue potential ranging from $300-$500 Million. One of these concepts recently hit the market and received warm reception and critical praise in the summer of 2010.

Before joining Dell, Pearson served as Vice President of Global Organizational Development at Motorola. While at Motorola, he collaborated with the President and Executive Vice President to lead the reorganization of a 27 billion dollar business. Fenorris defined and delivered Motorola’s first High-Performance Framework, designed to build sustainable performance and organizational capability.

“Im excited about my future involvement in H360 Capital,” said Pearson. “Ive known Mr. Griggs for some time, and I think what we are putting together at H360 Capital will have a defining impact on not just the VC space, but also the way new companies interact with communities across the country. I look forward to engaging with entrepreneurs, and helping to shape the landscape of technology investments in the world.”

Mr. Pearson has a Master’s degree in Organizational Development from Benedictine University. An avid philanthropist, Fenorris currently serves on three boards: The Alonzo Mourning Charities in Miami FL with NBA great, Alonzo Mourning, Austin Black Chamber of Commerce, and Imagine Schools of Central Texas in Austin TX.

Fenorris’ first book, “How to Play the Game at the Top” has reached #2 on the Amazon.com Best Seller List in the Business Motivation category.

About H360 Capital

H360 Capital is an angel venture capital firm based in Charlotte, NC. The firm invests in early-stage start-ups with market-disrupting ideas. Innovation is considered key to H360’s investments, as they are typically new ideas that either change a market, or creates one.

Contact:

Press/Media Relations
H360 Capital
704-389-0360
info@h360capital.com

Braynard ‘Bob’ Brown Joins H360 Capital as Partner

Mar 31, 2011   //   by admin   //   News & Updates  //  1 Comment

The former NFL player, and Corporate Lawyer Brings Business Development and Legal Expertise to H360 Capital

Charlotte, N.C. – March 31, 2011 – H360 Capital today announced that Braynard ‘Bob’ Brown will join the firm as Partner effective immediately. Brown will provide his unique skill sets and legal expertise to H360’s team of partners, and serve as the firms general counsel.

“Brown is quite simply one of the most impressive people that I’ve met in my life,” said H360 Managing Partner Hezekiah Griggs III. “His successful journey from playing football, to being one of the brightest lawyers in the country is a testament to what hard work, a disciplined mind, and a drive to excel, can do for each of us. A testament that I ultimately believe every entrepreneur can identify with.”

Bob played professional football in the NFL for the Cleveland Browns. After his professional football career ended, Bob obtained his law degree from Notre Dame.

After graduating from law school, Bob took and passed both the New York and New Jersey bar exams. He then practiced corporate law at the New Jersey based law firm of Riker Danzig Scherer Hyland & Perretti, LLP. As a corporate associate, Bob handled legal matters for both privately held and publically traded companies. In a quest to be more on the business side of deals, Bob decided to obtain his MBA from Yale.

“I am excited about the opportunity to work with Mr. Griggs and the other partners at H360,” said Brown. “It is my intention to be very involved in H360’s endeavors, as I hope to fully implement my skill sets for the success of H360 and its portfolio companies.”

“Bob is a talented lawyer, and is the type of partner we have been looking to identify at H360 for some time,” commented H360 Partner Brian Peters. “I believe his addition to our team, makes us stronger, and provides greater value to the entrepreneurs we serve.”

In addition to his legal and business backgrounds, Bob is also a professional public speaker and speaks at high schools throughout the country. Passionately dedicated to service, Bob sits on the board for the Paterson YMCA, Black Alumni of Notre Dame and the “I Have a Dream” Foundation. Bob is also on the Notre Dame Law Advisory Council.

About H360 Capital

H360 Capital is an angel venture capital firm based in Charlotte, NC. The firm invests in early-stage start-ups with market-disrupting ideas. Innovation is considered key to H360’s investments, as they are typically new ideas that either change a market, or creates one.

Contact:

Press/Media Relations
H360 Capital
704-389-0360
info@h360capital.com

Brian Peters Joins H360 Capital as Partner

Mar 30, 2011   //   by admin   //   News & Updates  //  No Comments

The founder and Chief Executive Officer of H3 Enterprises Brings Consumer and Social Media Expertise to H360’s Technology Entrepreneurs

Charlotte, N.C. – March 30, 2011 – H360 Capital today announced that Brian Peters will join the firm as Partner effective immediately. Peters will provide his unique insight and expertise to entrepreneurs in consumer and social media.

“Peters is a visionary who has demonstrated an ability to captivate a market and his creative input will be critical to H360’s ongoing efforts to empower our entrepreneurs,” said H360 Managing Partner Hezekiah Griggs III. “His success with ‘H3’ and his ability to partner multiple industries including gaming, social networks, and entertainment will provide a comprehensive set of creative thought that I believe our entrepreneurs will consider invaluable.”

Celebrated for creatively revolutionizing the consumer experience in the retail and social gaming space, Peters co­founded H3 Enterprises in 2003. As a serial entrepreneur, Peters has been involved in over 30 startups, having raised millions of dollars to turn concepts into market-ready brands. Additionally, Peters has consulted with fortune 500 companies on how they can increase their market penetration in urban communities.

Brian Peters is the visionary force behind the award-winning Hip Hop Soda Shop. As the Chief Executive Officer of H3 Enterprises, Peters diligently pursued the execution of the company’s business model. The then 25-year-old was the youngest African-American CEO of a Publicly-traded company, after going public through a reverse merger. Peters’ companies have been the recipient of numerous awards, including the Best New Business Idea Award by Visa and Bank of America. As a CEO, Peters has orchestrated comprehensive strategic partnerships with some of the biggest brands in the world, including Microsoft and Viacom Networks.

“The opportunity to help shape the way technology lives ‘with us’ is very exciting to me,” said Peters. “Mr. Griggs is a brilliant business man, and his vision for H360 is one that I am fully committed to. I am beyond enthusiastic about partnering with him [Griggs] and the other partners at H360. This is an exciting time in the venture space, and I’m glad to have an impact in it – moving forward.”

Peters has led brand development for online networks that center on content sharing and streaming. As he continues to re-invent himself and the companies he advances, Peters is shifting his focus to developing his expertise of Social Media with a specific concentration on emergent monetization models for the Social Media market.

Peters has a degree in Business Administration from Iona College.

About H360 Capital
H360 Capital is an angel venture capital firm based in Charlotte, NC. The firm invests in early-stage start-ups with market-disrupting ideas. Innovation is considered key to H360’s investments, as they are typically new ideas that either change a market, or creates one.

Contact:
Press/Media Relations
H360 Capital
704-389-0360
info@h360capital.com

Hezekiah Griggs III Launches New Venture Capital Firm

Mar 29, 2011   //   by admin   //   News & Updates  //  No Comments

H360 Capital’s investments will primarily focus on tech entrepreneurs and businesses in their early-stage of development

Charlotte, N.C. – March 29, 2011 – Hezekiah Griggs III today announced the formation and launch of venture capital firm, H360 Capital. The firm draws on Griggs’ extensive experience as a successful entrepreneur and networking prowess to create a new, early-stage focused venture capital firm designed to support the needs of today’s entrepreneurs. H360’s first fund will be announced in a forthcoming release.

“I’ve long known, that Innovation is the cornerstone to any thriving economy, culture, or environment,” said Griggs. “My partners and I are collectively concerned about the diversity of thought, and the entrepreneurship climate that exists today. However, there is no greater time than now, to fulfill the promise of technology’s burgeoning presence in our lives, and how it will help shape the future of how we live.”

H360 Capital’s philosophical approach to venture capital investing is simple; the firm seeks to invest in entrepreneurs at the earliest stage possible. “We realize that the most critical point of a venture is when it begins to turn its ideas into operating ventures,” commented Griggs. “In order to fulfill that vision, we will change the relationship-based component to venture capitalism, into idea-based investing.” Griggs and his Partners will serve in various capacities to assist in the development of portfolio companies, and at times take board seats to ensure the success of the ventures.

H360 Capital will look to invest in a broad range of innovative technology startups, including cloud computing, social media, networking, consumer products and enterprise applications.

The firm’s partners, who will be announced in forthcoming releases, have experience in a myriad of businesses and innovative product launches. “We’ve all experienced the success and failure of starting new ideas. I think that bolds well for us, as we help our entrepreneurs identify the map for success in their individual businesses,” said Griggs. “It became abundantly clear to me, in noticing the venture capital landscape that we [Griggs and the partners] needed to join together and start H360 Capital.”

H360 Capital will be located in Charlotte, NC.

About H360 Capital
H360 Capital is an angel venture capital firm based in Charlotte, NC. The firm invests in early-stage start-ups with market-disrupting ideas. Innovation is considered key to H360’s investments, as they are typically new ideas that either change a market, or creates one.

About Hezekiah Griggs III
Hezekiah Griggs III is the founder and Managing Partner of H360 Capital, a new venture capital based in Charlotte, NC. Griggs has been called “America’s Youngest Media Mogul.” His name means, “He who God has Strengthened,” and at 22, his collective work in the world clearly exhibits the power of a name.

Described as a “wunderkind,” Griggs started his first business at the age of seven. As a teenager, Griggs distinguished himself as one of the most successful young entrepreneurs in the world, and began consulting with Fortune 500 companies on their marketing, banking, and media relations with the billion-dollar teen consumer market.

Griggs founded HG3 Media in 2003, where he successfully published and operated magazines and media products geared towards teens. The company now operates as a consultative marketing firm, leveraging Griggs’ experience and success in youth marketing to help other organizations strategically manage their images and brands.

Contact:
Press/Media Relations
H360 Capital
704-389-0360
info@h360capital.com