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Oberon FMR Wins Top Prize at BioWest 2008 Venture Showcase Competition
Date:12/9/2008

Oberon FMR, Inc. was selected as the most promising biotech start-up company at the recent BioWest 2008 Venture Showcase Competition. Oberon, which uses a proprietary process to convert wastewater from food and beverage companies into a protein-rich ingredient for animal feed, was given top honors out of 22 total entries by a panel consisting of five venture capitalists: one from the sponsoring Colorado law firm of Dorsey & Whitney, one local venture capitalist, and three out-of-state venture capitalists.

Denver, CO (PRWEB) December 9, 2008 -- Oberon FMR, Inc. was selected as the most promising biotech start-up company at the recent BioWest 2008 Venture Showcase Competition.

Oberon was given top honors out of 22 total entries by a panel consisting of five venture capitalists: one from the sponsoring Colorado law firm of Dorsey & Whitney, one local (Colorado) venture capitalist, and three out-of-state venture capitalists. The panel was provided business and financial plans by each of the companies under consideration. Based on the initial submissions, the panel narrowed down the 22 entries to a half-dozen , each of whom gave 20-minute presentations to the panel and conference attendees.

Oberon was chosen as the winner of the 2008 Dorsey & Whitney Venture Showcase Award on November 13, 2008 based on a combined assessment of their original documentation, final presentation to the five panelists, and the perceived future value to venture capitalists and society at large.

Oberon FMR converts wastewater from food and beverage companies into a pr
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