Karen Jagoda - Author and Internet entrepreneur. Founder and President of the E-Voter Institute, Turtlesnap Ventures, Inc. and Turtleback Interactive.
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Turtlesnap/Hill and Knowlton Survey Reveals Insights Into Investment Opportunities for Homeland Security Technologies
Business Wire, March 13, 2002
Business Editors
WASHINGTON--(BUSINESS WIRE)--March 13, 2002
Investment Community Is Dedicating More Time to Homeland Security;
Results Include Top Industries, Markets and Barriers to Entry
Today Turtlesnap Ventures, Inc. and Hill and Knowlton's Corporate and Technology Practice released survey results revealing the investment community's assessment of top markets, industries, obstacles and expectations on return on investments in homeland security.
The survey was conducted in preparation for the March 14 Turtlesnap Homeland Security Investment Symposium.
"The purpose of the symposium is to identify investment strategies for homeland security technologies. The survey results yield additional insight into where the market may be headed," said Karen Jagoda, president of Turtlesnap Ventures. "It is especially interesting that when asked an open-ended question about the barriers facing investors, nearly one-quarter of respondents identified government bureaucracy."
Other survey highlights included:
-- 27% of respondents anticipated investing $5 million dollars or more this
year on technologies focused on homeland security
-- 76% either strongly agreed or agreed that homeland security will open new
markets for business-to-business (B2B) products and services
-- Network security; biometrics / surveillance; and authentication / privacy
applications were identified as the three industries with the most potential
Turtlesnap Ventures partnered with Hill and Knowlton to conduct this national survey in which 34 people responded. Nearly 75% of respondents identified themselves as decision makers in the investment community. Other respondents included professional service firms and government and business technology leaders. A summary of results is available to media upon request.
About Turtlesnap's Homeland Security Invest Symposium:
The Turtlesnap's Homeland Security Investment Symposium will facilitate panel and audience discussions by technology leaders examining emerging markets for technologies in the fight against terrorism. Turtlesnap Ventures, which brings international technology companies to the U.S. to give them access to capital and markets, is producing the symposium.
Sponsors include Gartner, Inc.; Hill and Knowlton, Inc.; KWR International Advisor Newsletter; Maryland Information Technology Center (MITC); MarylandB2B; McDermott, Will & Emery; Sussex Systems; The Cohen Group; The University of Maryland Office of Research and Graduate Studies; Venture Reporter and Silicon Alley Reporter; and Homeland Security & Defense a McGraw-Hill Publication.
For more information visit www.turtlesnap.com. |
