FAIRPORT, NY, August 15, 2012 – Manning & Napier, (Manning & Napier or the Company) announces its support as a presenting sponsor at one of the largest events for entrepreneurs in the Upstate, NY region, StartFast Demo Day 2012.
The event, which takes place on Aug.16, 2012, at the Everson Museum Auditorium in Syracuse, NY, will allow eight startup teams, selected from a global pool of over 320 entrants, to present their business plans to an assembly of venture capitalists, entrepreneurs, and other community-based investors.
StartFast Venture Accelerator is Upstate NY’s first private capital backed, mentorship driven accelerator for software, Internet and mobile startups. The eight startups have been coached by more than 85 nationwide mentors in advance of the Aug. 16 Demo Day.
“Approximately 200 accredited investors are expected to be in the audience for Demo Day, possibly the largest gathering of angel and venture capital investors in Upstate history,” said Nasir Ali, Managing Director, StartFast Venture Accelerator. “Manning & Napier is a great example of how world-class entrepreneurs can build highly successful businesses in our region. We are thrilled to have them as a presenting sponsor for Demo Day."
“Manning & Napier is proud to support a program in our region that fosters innovation,” said Patrick Cunningham, Chief Executive Officer, Manning & Napier. “We recognize the importance of helping entrepreneurs as they launch their businesses. Manning & Napier was founded more than 40 years ago under the leadership of Bill Manning and Bill Napier, and the firm continues to embrace this entrepreneurial spirit.”
About Manning & Napier
Manning & Napier (NYSE: MN) provides a broad range of investment solutions through separately managed accounts, mutual funds, and collective investment trust funds, as well as a variety of consultative services that complement our investment process. Founded in 1970, we offer equity and fixed income portfolios as well as a range of blended asset portfolios, such as life cycle funds, that use a mix of stocks and bonds. We serve a diversified client base of high-net-worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans, endowments and foundations. For many of these clients, our relationship goes beyond investment management and includes customized solutions that address key issues and solve client-specific problems. We are headquartered in Fairport, NY and had 512 employees as of June 30, 2012. For more information on Manning & Napier visit: https://www.manning-napier.com/.
About StartFast Venture Accelerator
StartFast Venture Accelerator is a mentor driven, private capital backed program modeled after the highly successful TechStars accelerator founded in Boulder, CO. StartFast provides early funding for high-potential startup teams from around the world and brings them to Syracuse, NY each summer for an intensive 100-day program. Mentors and investors affiliated with the program work closely with the companies and make follow-on investments at the end of the program. StartFast is a member of the exclusive Global Accelerator Network, a global consortium of independently owned and operated regional organizations that operate start-up accelerator programs. For more information: http://startfast.net.