NEW YORK, July 5 /PRNewswire/ -- The New York City Economic Development
Corporation (EDC) today announced that Kay Koplovitz, CEO of Working Woman
Network (WWN), has been chosen to receive the Alley Award at the New York City
Venture Capital Conference & Exposition, which will be held July 17 - 19,
2000, at the Marriott Marquis in Times Square.
"Each year on behalf of the City, EDC bestows the Alley Award upon a
leader in our business community who has made a significant contribution to
the growth of Silicon Alley," said Michael G. Carey, president of EDC, which
hosts the conference on behalf of the City. "Kay Koplovitz has shown
tremendous entrepreneurial spirit in both old and new media, and we are
pleased to honor her this year."
Koplovitz plans to launch workingwoman.com this summer, creating a global
marketplace for professional and entrepreneurial women. The founder of USA
Networks and the Sci-Fi Channel, Koplovitz was the first female network
president in television history. As chair of the National Women's Business
Council, she is the creator of the Springboard 2000, a national initiative to
increase the investment channels for women entrepreneurs and facilitate
investments by corporate, angel and venture investors. She is also a principal
in a media investment and management firm specializing in new media, and sits
on the boards of several companies including Oracle and Liz Claiborne.
"New York City is a critical center for both venture capital and
e-commerce, two of the most important ingredients for success at the business
table," said Koplovitz. "My personal goal is to strengthen the capital
specifically directed at women, but New York City's contributions to both men
and women seeking to build businesses have served to bolster the overall
economy. I'm thrilled to be recognized for my leadership in this area."
Past recipients of the Alley Award include barnesandnoble.com CEO Jonathan
Bulkeley, Wit Capital chairman Robert Lessin, NASDAQ chairman & CEO Frank Zarb
and Time Warner, Inc. president Richard Parsons.
Now in its fifth year, the New York City Venture Capital Conference &
Exposition is the premier gathering of the City's expanding venture capital
community. Over 750 people attended the 1999 three-day conference. The
comprehensive conference highlights 25 of New York City's hottest
entrepreneurs and includes panel discussions and an Entrepreneurs Workshop.
The EDC Alley Award will be presented to Ms. Koplovitz on July 19th during
the luncheon. For more information on the New York City Venture Capital
Conference & Exposition, please visit the conference website at
http://www.nycvc.com or call 212-967-0095.
EDC is New York City's primary vehicle for economic development. Using its
real estate and financial resources, EDC helps to develop business and create
jobs throughout the five boroughs. EDC sponsors the annual New York City
Venture Capital Conference and oversees the City's venture capital investment
funds, the Discovery Fund and the Emerging Industries Fund. EDC also manages
Digital NYC: Wired to the World.
WorkingWoman Network is the leading global marketplace and resource for
businesswomen in today's digital economy. Its properties include Working Woman
and Working Mother magazines, the National Association for Female Executives,
a conference division, Businesswomen's Research Institute, The Business
Women's Network and the soon-to-launch workingwoman.com, the first B2B online
center exclusively focused on solutions for women in business.
SOURCE New York City Economic Development Corporation
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Related links:
http://www.nycvc.com
http://www.strategicresearch.com
CONTACT:
Sheri Lietzow, NYCVC,
slietzow@srinstitute.com, MacLean Guthrie, EDC, 212-312-3514, or
Jayne Wallace, WWN, 212-445-6311
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