[August 26, 2016] |
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Boomtown Accelerator Appoints CFO, Adds First-of-its-Kind Expertise to Program
Boomtown accelerator, a 12-week program that supports and empowers
startups, today announced Jason Searfoss as its Chief Financial Officer
(CFO), adding a new dimension and expertise to the innovative
accelerator program.
Searfoss brings extensive experience in private equity and corporate
finance to his new role managing investor relations and financial
strategy for Boomtown. He also leads the finance and fundraising
curriculum for the teams that join the program, a rare find in
accelerators.
"Not only does Jason bring years of corporate experience to the table,
he can take that experience and relate it to teams trying to fundraise
and spend their money wisely," said Toby Krout, executive director of
Boomtown. "These skills are essential in creating a secure foundation
for a startup but are typically not a focus of accelerators."
Before joining Boomtown, Searfoss was the CFO and member of the
Investment Committee of Longford Capital. He has also worked at The
Royal Bank of Scotland Group, GE Capital, AEGON, Samsung (News - Alert) and JPMorgan
Chase.
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As Boomtown continues to develop its corporate accelerator model, which
currently includes partnerships with Comcast (News - Alert) Labs and Colorado
Permanente Medical Group (CPMG), a group of nearly 1,200 physicians
serving members of Kaiser Permanente Colorado, Searfoss' technical
experience working with corporations will allow Boomtown to provide a
unique value set to current and future partner companies.
"The emphasis that Boomtown places on financial rigor at all levels-from
a tailored curriculum and ongoing support for our startups to delivering
an attractive return on the investments of our corporate sponsors and
fund partners-is unique for an accelerator. I am very excited to be a
part of it," Searfoss said.
The relationship between startups and companies provides mutual benefit.
"Corporations benefit by amplifying their needs around innovation while
at the same time improving employee culture, retention and talent
acquisition. And our startups get an efficient connection to major
industry players," Krout said.
About Boomtown
Based in Boulder, Colo., Boomtown aims to discover and support promising
Internet, mobile, software, Internet of Things (IoT) and Healthtech
startups. Boomtown is currently launching its seventh Internet and
Mobile and third Healthtech classes and has graduated more than 50
companies since founding in 2013. For more information, visit www.boomtownboulder.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160826005778/en/
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