Venture Capital in USA – Carmel Associates

Carmel Associates Venture Fund provides financing and guidance to startup internet application service providers in the Washington, DC region. It is managed by Jim Petersen, an experienced entrepreneur who started a company in his home and took it public with sales of $60 million. He has a background in entrepreneurial enterprise, acquisitions, technology development, business management, investment banking, venture capital and Initial Public Offerings. Carmel invests in enterprises in which it can develop a close working relationship with entrepreneurs and become a key business advisor. Carmel contributes specialized knowledge, operating skills and an extensive contact network. Their active participation applies previous experience with many growth companies to assist with business planning, strategic planning, management development and capital structure. © Carmel Associates