The opening of Deloitte's third TVC signals the firm's commitment to the Greater Washington area venture capital market at a time when other consulting firms are backing away from support of this important economic resource. Like its sister offices in the Silicon Valley and the Boston area, the Greater Washington TVC will offer a host of services, activities and amenities to qualifying entrepreneurs. Deloitte TVCs typically include meeting space and office services, as well as facilitating a network of venture capitalists and service providers through organized social and educational events.
"We're thrilled with the launch of the Greater Washington TVC, the third for Deloitte in the United States, said Mr. Andy Harrs, Deloitte's southeast regional managing partner for the Technology, Media and Telecommunications Industry Practice. "The Greater Washington D.C. area is a Tier One market for technology companies. I'm pleased we can draw upon the success that we've had with our TVCs in San Jose and Boston to strengthen our connection to fast growing companies and the global technology marketplace through what is truly a Deloitte Center of Excellence."
Deloitte will tap its vast pool of intellectual capital, offering assistance in areas such as audit readiness and other in-depth programs to venture capitalists and select corporate executives. In addition, to ensure the TVC remains on the cutting edge of services, it will create a Board of Advisors drawn from a wide range of thought leaders, including venture capitalists, entrepreneurs, association executives, media and academicians.
Deloitte held orientation sessions earlier this year for select organizations in order to perfect its model. Reviews of these early meetings have been extremely positive.
"We held an all-day management team meeting for mPortal at the Greater Washington TVC in McLean," said D.P. Venkatesh, CEO of mPortal. "The facility is spacious, fully-equipped, conveniently located and saved us thousands of dollars in hotel meeting space fees. We hope to be able to leverage it again for other mPortal gatherings."
The Greater Washington TVC will be supported by more than 100 Deloitte professionals serving technology companies in its two Washington, D.C. area offices. In addition, Deloitte's Emerging Growth practice, a group of more than 20 partners dedicated to providing audit, tax and advisory services to early stage companies will drive many of the TVC's initiatives.
Deloitte invites qualified mid-Atlantic area venture capitalists, start-up companies, academics and media to inquire about access to the Greater Washington TVC.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of approximately 135,000 people worldwide, Deloitte delivers services in four professional areas -- audit, tax, consulting, and financial advisory services -- and serves more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies.
In the US, Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu and services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP. The subsidiaries of the US member firm are among the nation's leading professional services firms, providing audit, tax, consulting and financial advisory services through nearly 30,000 people in more than 80 cities, including some 200 professionals in the Nashville practice office. Known as employers of choice for innovative human resources programs, they are dedicated to helping their clients and their people excel. For more information, please visit the US member firm's web site at http://www.deloitte.com/us.
