Joel Gatz of OpenSnow tapped as keynote speaker for Startup Ski Summit in Frisco, Arapahoe Basin
This Friday, Colorado’s own prophet of powder comes to Summit County for the first-ever Startup Ski Summit.
The summit, hosted by Elevate CoSpace in Frisco, brings entrepreneurs and start-ups from across the Front Range and the Colorado Rocky Mountains to the county for a full day of tech-friendly panels, presentations and, of course, a morning on the slopes at Arapahoe Basin.
Beginning at 7:30 a.m. with breakfast and a few hours of skiing, the goal of the summit is to bring Colorado’s tech and innovation leaders together in one place. The Elevate founders welcome anyone and everyone for a morning of networking on the lifts, followed by a 12:30 p.m. lunch at Elevate with a keynote address by Gratz, known for his wildly successful powder-forecasting site.
The keynote is paired with two afternoon panel discussions: “The Collision of Snow and Technology” at 2:30 p.m. and “Financing your Startup” at 4 p.m.
During the day, attendees have the opportunity to meet fellow entrepreneurs, designers, hackers and investors from Denver, Boulder, Fort Collins, Frisco, Vail and surrounding Colorado mountain towns.
Tickets for the entire day (including meals, transportation to and from A-Basin, and all panel sessions) are $35 in advance and $45 day-of. Lift tickets and gear rental are not included.
COLORADO’S FIRST-EVER CROWDFUNDING BILL WINS SUPPORT FROM STATE OFFICIALS
Gerald Rome, Securities Commissioner for the Colorado Division of Securities, testified on March 12 in front of a legislative committee in favor of House Bill 15-1246, which would allow small businesses to raise capital through equity crowdfunding platforms based in Colorado.
“We all agree that start-up companies play a critical role in expanding economic opportunities by creating new jobs,” Rome said during the legislative testimony. “We can also all agree that traditional funding for nascent companies is often limited. This crowdfunding mechanism will allow small businesses to pursue an economical way to raise funds through localized securities offerings.”
The proposed bill, introduced by state Reps. Dan Pabon and Pete Lee, would exemp companies from registering their securities, thus bypassing what can be a costly registration process. The bill also allows them market securities and reach investors through Internet platforms.
The bill contains necessary protections for investors as well. It would set specific limits on capital raised by emerging enterprises, limited to $1 million or up to $2 million if the company has audited financials.
The bill also puts limits on investors that are deemed “unaccredited,” meaning they earn less than $200,000, or have a net worth less than $1 million. These smaller retail investors will only be able to put forth $5,000 per company, a cap that, according to Rome, is necessary due to the high level of risk involved in start-up ventures.
Companies utilizing the crowdfunding option would be required to file with the state Division of Securities and will have to follow certain disclosure requirements. These requirements are outlined fully in the bill, but are still subject to change until it is passed by the state legislature.
Colorado is just one of many states to introduce a crowdfunding bill over the past year in response to a provision in the federal JOBS Act of 2012. While this provision set the stage for crowdfunding across state lines, the U.S. Securities and Exchange Commission has been slow to outline specific rules. In response, many states have opted to adopt intrastate rules to help small companies until solid federal regulations are in place.
“The bottom line is that successful capital formation must encourage entrepreneurs while protecting investors in a manner that best serves the public interest,” Rome said. “This bill strikes that balance.”
FRONT RANGE FIRM LAUNCHES FINANCIAL SERVICES FOR CASH-HEAVY MJ INDUSTRY
Blue Line Protection Group, a Highlands Ranch firm with ties to the regulatory and security fields for high-value asset industries, on March 19 announced the formation of Blue Line Advisory Services, an in-house subsidiary created for the licensing and bookkeeping needs of lawful marijuana businesses across the nation.
Blue Line Advisory Services provides complete bookkeeping services tailored to the highly regulated cannabis industry.
“This industry operates primarily through cash transactions, which doubles or triples the bookkeeping requirements of these businesses,” said Sean Campbell, chief executive officer for Blue Line Protection Group. “By consolidating these under our umbrella of cannabis due diligence services, we can ensure our clients are operating completely transparent businesses and are able to respond to all reporting requirements of state and federal licensing and regulatory agencies.”
Blue Line Advisory Services will provide lawful marijuana businesses access to experienced bookkeepers and audit protection advisors. Its financial professionals, trained in the unique reporting requirements of cannabis businesses, minimize the burden of maintaining complex financial records.
“While serving our customers’ compliance needs, we quickly became aware that they were underserved by their existing bookkeeping services,” Campbell said. “Those services may have been fine in a normal business setting, but the nature and intricacies of the marijuana industry demands more precision and responsiveness.”
For more information on the firm’s marijuana financial services, including service appraisals and rates, see the official website at http://www.bluelineprotectiongroup.com.
“Our goal is to streamline and simplify the day-to-day bookkeeping duties these businesses face,” said Patrick Deparini, the chief financial officers for Blue Line Protection Group.
KRYSTAL 93 EARNS ‘STATION OF THE YEAR’ HONORS FROM COLORADO BROADCASTERS ASSOCIATION
Local radio station Krystal 93 returned to the Colorado Broadcasters Association’s Awards of Excellence banquet this past weekend, taking home 11 total awards, including the coveted Medium Market Station of the Year.
After a record number of entries and participants in this year’s competition, Krystal 93 came out on top in its market size with six first-place awards and four second-place awards, edging out other stations from around the state for Station of the Year recognition.
With awards ranging from Best Station Imaging Campaign and Best Station Promotion/Marketing Campaign to Best Station Website and Best Midday Show, along with recognition for News and Community Events, Krystal 93 covered the awards gamut with recognition for on-air, online and onsite coverage.
“Being recognized by our peers across so many different categories is a tremendous accomplishment and a testament to the talent, commitment, creativity and excellence of our team,” said John O’Connor, Krystal 93 general manager. “This is a proud moment for Summit County, and I’m humbled at the hard work and effort that was put forth to participate in the Awards of Excellence this year.”
News/Sports Director and midday deejay Roman Moore was awarded Best Midday Show, along with being recognized for his regularly scheduled newscasts. He also earned an award for Best Station Sponsored Community Event.
Long-time Krystal 93 mornings show deejay and production director Tom Fricke was recognized for several of his promotional and imaging campaigns, taking home first place for Best Station Imaging Campaign. Along with co-writer and voiceover talent Ross McIntyre, Tom and Ross created audio imaging to reflect current events and the lifestyle of Colorado mountain living.
O’Connor and Fricke were also awarded Best Sales Campaign for an Advertiser. The award was given to the A-Basin Personality Campaign, which highlighted individual employees of Arapahoe Basin and stories of how they came to the ski area, all while encouraging others to experience the unique atmosphere at Arapahoe Basin.
BRECK SOTHEBY’S OFFICE WELCOMES NEW BROKER WITH 9 YEARS OF RESORT EXPERIENCE
LIV Sotheby’s International Realty recently announced the addition of Frank Hofmeister to its quality Breckenridge brokerage team.
Hofmeister brings more than nine years of second-home and resort-market experience to the firm. His in-depth knowledge of Summit County and its surrounding markets, coupled with his expertise in finance, make him a welcome addition to the esteemed brokerage.
“We are thrilled to have Frank join our team,” said Melanie Frank, managing broker of LIV SIR’s Breckenridge office. “His ability to offer clients the highest level of professionalism and integrity will continue to position him as a well respected Realtor in the Summit County community.”
Hofmeister established his real estate career in 2002, followed in 2012 by start-up for a financial transaction services. Before that, his professional background includes over 30 years experience in media, technology manufacturing, financial transaction and capital sectors.
Since 1975, Hofmeister has called Colorado home and enjoys sharing with clients the unique outdoor lifestyle opportunities found in Colorado.
In early 2015, Hofmeister returned to the Summit County real estate market, rekindling past client relationships, as well as expanding his practice with the help of his wife of 42 years, Barbara Hofmeister, a retired teacher and innkeeper of a successful bed and breakfast on the Arkansas River in Buena Vista.
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