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Dinolfo to Partner with Chloe Capital to Support Women Entrepreneurs

Monroe County Executive Cheryl Dinolfo announced that Imagine Monroe and The Entrepreneurs Network (TEN) are partnering with venture firm Chloe Capital to attract women-led tech firms to the Rochester region. The initiative kicks-off Tuesday, December 4, 2018 with the Rochester Women Investors Forum.

“Working together, Monroe County’s TEN program and Chloe Capital are building a movement that will help women reach their fullest potential,” said Dinolfo. “Statistics show women are half as likely as men to start a business and women-led tech companies receive less than 5% of all venture capital in America. Chloe Capital is offering local women an incredible opportunity to connect with potential investors and join a supportive community that aims to help women-led companies grow more jobs, especially in the fields of tech and innovation.”

Chloe Capital is a seed-stage venture capital firm that invests in women-led innovation companies. The Firm is holding investing workshops and pitch events across the United States. These initiatives support local women entrepreneurs, and empower local investors to join the movement. Chloe Capital will kick-off its national tour with the Rochester Women Investors Forum. For more information visit,

Local women and entrepreneurs are invited to join Chloe Capital’s investment forum, which includes a live pitch event on December 4th, 2018. At the event, five women-led innovation companies from across New York will pitch their ventures. The winner will receive a $100,000 investment from Chloe Capital, along with the opportunity to pitch another funding partner, Astia Angels, for additional follow-on investment. A panel of experienced investors will help select the winner. Those interested in attending the investing workshop or live pitch event can register at

“We share the goal of investing in women with money and with education,” added Jean Kase, TEN Executive Director. “We’re spreading the word about opportunities for women-led innovation companies beyond what either organization could do on its own. Together we’re helping to drive localized investment in women leading innovation in Upstate NY.”

The headliner of the event will be Dr. Michele Madansky, co-author of “The Elephant in the Valley” which surveyed and documented cognitive bias, gender discrimination and sexual harassment encountered by women in the tech field. Dr. Madansky’s work is foundational to understanding the why behind the movement. She remains part of the small group generating updates “Beyond the Elephant in the Valley” and contributes greatly to the national dialogue with her research, writing and public speaking. Social media giants, including Twitter, YouTube and Buzzfeed, have consulted with Dr. Madansky for strategy development; she is an industry pioneer and thought leader in online advertising effectiveness and consumer insights related to consumer media and technology usage.

The Rochester Women Investors Forum will include many leaders in angel investing and venture capital who will share industry insights through inspirational fireside chats, panels and investor talks. This event is designed for accredited individuals interested in start-up investing. Founders at the helm of venture-backable companies will also benefit from hearing the investors’ perspectives.

The Rochester Women Investor Forum also allows the Upstate NY entrepreneurial community members to connect with Chloe Capital’s network of “Super Angels,” including Carlos Gutierrez. Gutierrez is a General Partner at Impala Ventures, and a Managing Director of Golden Seeds, which has invested over $100 million in more than 150 women-led companies.

“The Entrepreneurs Network and Imagine Monroe were the first champions to step forward. Together we’ll all further the movement to decrease the gender gap in entrepreneurship and venture capital,” said Elisa Miller-Out, Founding Partner at Chloe Capital.

About Imagine Monroe:
It is the mission of Imagine Monroe to advance the job opportunities, health, general prosperity, and economic welfare of the people of Monroe County. This is accomplished by actively working to promote, attract, encourage, and develop recreation, economically sound commerce, and industry for the purpose of preventing unemployment and economic deterioration. Imagine Monroe will achieve this mission, utilizing the powers granted to it by New York State, by providing financial assistance to qualified projects. This assistance shall include conduit bond financing, lease/leasebacks, exemptions from taxation, and/or support to organizations with similar missions.

About The Entrepreneurs Network (TEN) :
The Entrepreneurs Network is for startups who are commercializing scientific breakthroughs and new technologies, and small businesses who can scale by tapping new markets or expanding their product portfolios. This focus on growth potential drives powerful peer-to-peer learning, and leads to real-world success stories. TEN is business helping business; Entrepreneurs accepted into the program receive training and coaching from investors and business owners.
Contact: Jean Kase, Executive Director:

About Chloe Capital:
Chloe Capital is a seed-stage VC firm that invests in women-led innovation companies. The company focuses on Frontier Technologies, including Cleantech and Agtech. Companies must have at least one female in the C-Suite, a working prototype and the potential to capture large, rapidly-growing markets. In addition, companies with diverse leadership teams, more than one full-time team member (tech leader preferred), and revenue and/or contacts secured with clients/customers will rise to the top of Chloe Capital’s list. Contact: Kathryn Cartini