From Frazier & Deeter, the regional CPA firm that last year acquired Work & Greer, comes an interesting concept that could find a place in the buzzing Music City entrepreneurial scene. The firm has launched FD Venture Farm, a monitoring service that will track a number of financial metrics of (mostly young) companies looking for growth capital and help them prepare for institutional investment. Check out more info here.
“Our investment criteria are such that we often must pass on companies with interesting and exciting businesses but have not yet reached the milestones necessary for us to move forward,” said Frank X. Dalton, Partner of Atlanta-based Fulcrum Equity Partners. “Assisting companies to be investment ready is a valued service. If they can successfully address a few issues, the chances of getting funded can be greatly enhanced. The FD Venture Farm service will help us keep in touch with these companies as they gain traction and become more suited to our investment profile.”