|By Business Wire||
|August 4, 2014 02:24 PM EDT||
The Intelligent Transportation Society of America (ITS America) is pleased to announce that premier middle market investment bank Raymond James has joined Fontinalis Partners, and Econolite Group, Inc. as sponsors for the Transportation for Tomorrow Investor Matching Event at this year’s World Congress on Intelligent Transport Systems, September 7-11, 2014 in Detroit, Michigan.
In a rare opportunity for dynamic companies, whose entrepreneurs have cutting-edge technologies and ideas in the fields of mobility, sustainability, and transportation safety, the ITS America Investor Matching Event will allow them to sit across the table and pitch premier financial and strategic investment groups with the capital that could allow them to take their ideas and technologies from the garage to the marketplace or take their existing business to the next level.
“We are thrilled to have all three companies participate in the Transportation for Tomorrow program at the ITS World Congress. Their support indicates the continued and growing interest to invest in the world’s leading innovators that are redefining the entrepreneurial ecosystem in Intelligent Transportation,” said Scott Belcher, president and CEO of ITS America.
The three sponsoring companies participating in the Investor Matching Event cover the transportation technology investment spectrum. Fontinalis Partners specializes in investing in emerging early-stage and growth-stage companies throughout the Next-Generation Mobility space. Econolite participates as the corporate strategic sponsor and Raymond James focuses on assisting companies to raise capital and execute strategic transactions.
The deadline for submitting an application to participate in the Investor Matching Event is August 18, 2014. Qualified candidates must submit an application in the form of a competitive business plan. ITS America and its investment partners will evaluate the submitted applications on the strength of their proposal, and will select a limited number to pitch in Detroit.
Raymond James, the Investor Matching Event’s representative for capital markets and strategic transactions, is focused on assisting companies in the ITS space, including areas such as traffic management, logistics, smart parking, connected vehicles, and infrastructure.
Fontinalis Partners is a leading and forward thinking venture capital firm focused exclusively on emerging companies in Next-Generation Mobility. Fontinalis was founded in Detroit in 2009 and now has offices in both Detroit and Boston. The firm’s mission is to drive and accelerate innovation across the mobility sector. Fontinalis has considerable experience in structuring transactions, conducting strategic due diligence and developing game-changing corporate strategies for mobility companies, and the firm’s unique focus has led it to invest in some of the most promising venture opportunities to emerge in the Next-Generation Mobility marketplace globally.
Econolite Group, the Investor Matching Event’s corporate strategic sponsor, is committed to employing advanced technologies that reduce travel time, ease congestion, enhance transit operations, provide safer mobility, and improve quality of life.
In addition to the Investor Matching Event, the Transportation for Tomorrow program will feature for the first time ever at an ITS World Congress an Entrepreneurial Village on the exhibit floor where emerging companies and startups will have a dedicated space for promoting their most innovative ideas and technologies that are fueling smarter cities and fundamentally changing the way we move.
For more information on submitting a business plan for Transportation for Tomorrow, visit: www.itsworldcongress.org/investormatching.
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