Many entrepreneurs believe that they have the next “big idea” but many don’t have the capital to bring that idea to market or expand their product line. So they turn to outside or third party funding in order to gain capital. Some may turn to friends, banks and/or hopefully an investor who believes in the company and its product.
FundingPost, a company that has been introducing entrepreneurs to investors for almost 5 years, sees the possibilities in helping entrepreneurs meet with investors by establishing the “Pitching Across America” competition. Recently 100 Venture Capital Funds and Angel Investors served as judges voting on 300 business summaries from emerging companies nationwide. Emerging companies are evaluated on several key points including: the professionalism of the written summary, current stage of development, competitive advantage, need in the marketplace, feasibility for success, and whether the company is “VentureWorthy™.”
FundingPost has released its list of winners and included among its regional winner is Last Mile Logistics Group, Inc. (LMLG.OB), a third party logistics firm focused on last mile solutions for heavy and high value consumer goods.
Last Mile Logistics Group services a high-demand niche in the third party delivery industry. The company delivers envelopes, same-day and rush on-demand courier service of small packages and last mile logistics services in the mid-Atlantic region of the United States. Its last mile logistics services include door-to-door delivery of merchandise, such as furniture, electronics, and entertainment equipment, as well as the assembly and installation of such items. Its services are valued because they communicate with the customers so they are not forced to stay home all day wondering when their delivery will show up. Rather they deliver and pickup within a designated time window.
In regards to the recognition, Brian Flood, President of Last Mile Logistics stated, “We’re proud that Last Mile Logistics Group was recognized by some of the nation’s leading investment fund managers as one of the top plans for new businesses”.
FundingPost was also happy to have Last Mile Logistics included among it’s winners. As Joe Rubin, Director of FundingPost commented, “Last Mile Logistics is on the fast track to success. With ever-increasing revenue, a solid and very experienced management, and an aggressive growth strategy, it’s no surprise that they were voted so highly by the investor community. We are fully expecting to hear more good news from Last Mile in the coming months!”
Last Mile Logistics Group was founded in 1997 and is headquartered in Elkridge, Maryland.
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