Salt Lake City, UT (March 18, 2009) – Today Enclavix™, LLC announced that Nicole Toomey Davis, the firm's President and CEO, was selected for the fifth time by Utah's entrepreneurial community as one of the top 100 entrepreneurs in Utah, as part of the annual v|100, the vSpring Capital Top 100 Venture Entrepreneurs.
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About the v|100:
The v100 was created in 2004 by vSpring Capital as a tool to identify and recognize entrepreneurs who are most likely to
experience successful venture returns with ties to the state of Utah. Members of the v100 become part of an ongoing
community of entrepreneurs that fosters collaboration and provides advantages in building and growing companies.
Each year, vSpring asks members of the Utah business community to nominate individuals who are most likely to lead a
successful startup venture in the next five to seven years in the IT (information technology) or biotech industries. These
nominees are then asked to vote amongst themselves based on the same criteria. Those nominees who garner the most votes from their peers in this second step of the annual voting process are then elected into the v100 and become members of this ongoing community of entrepreneurial leaders.
“This year over 10,000 members of the Utah business community were solicited, creating the most complete list of nominees possible,” said Dennis Wood, director of human capital at vSpring Capital. This year’s v100 announcement comes during one of the most difficult economic downturns in decades. “We are pleased that in this down economy, this year’s list supports the idea that entrepreneurial success can not only happen in spite of the economy, but sometimes because of the economy,” Wood stated. “These designees demonstrate that companies are achieving results in this environment.”
About vSpring Capital, sponsor of the v|100
vSpring Capital (www.vspring.com) is an early-stage venture capital firm with $260 million under management. With offices in Utah and New Mexico, vSpring invests in information technology and life science companies that have the potential to transform their markets and create lasting value
vSpring Captival v|100 list of Top Venture Entrepreneurs for 2009 Includes Nicole Toomey Davis