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WNY Venture Association Forum

September 18 @ 8:00 am - 9:30 am EDT

The WNYVA is meeting in-person along with the option to participate via Zoom.

UB Center of Excellence in Bioinformatics & Life Sciences
701 Ellicott Street, Buffalo, NY

PLEASE REGISTER TO RECEIVE THE LINK TO THE MEETING and to help us plan for sufficient refreshments.
https://wnyventure09182024.eventbrite.com

We are waiving the normal registration fee for non-members. Donations are accepted.
Join us for coffee and baked goods!

Please call 716-864-8670 or email [email protected] for more info.

 

Company Presentation Forum

September 18, 2024

8:00 – 8:30 AM     Check-in and Networking
8:30 – 8:45 AM     Announcements, Attendee Self-Introductions
8:45 – 9:30 AM     Business Plan Presentations and Audience Questions

Presentations contain general information about the presenting companies and are for educational and networking purposes only.  Presentations do not include information or discussion of any fundraising or offering of securities.

Presenters:

AIGENCY Partners – Will Zacher, Co-founder

AIGENCY allows Artificial Intelligence (AI) to use financial software like an accountant and supports good financial stewardship through accurate, cost-efficient financial automation. The AIGENCY platform uses technology to provide contextual data to AI models to provide more accurate outputs than any AI model by itself.

AIGENCY’s AI team uses a customer’s previous bookkeeping entries to accurately match transactions coming from the company’s bank with the accounting software it already uses. AIGENCY’s software will actually perform the adjusting entries for the transactions in the company’s software. The company’s personnel can apply retroactive changes to entries, in its existing software system.

AIGENCY has demonstrated 99% accuracy and is cheaper than using offshore accounting providers. The average cost per journal transaction for an offshore provider is $0.53. AIGENCY charges $0.09 per transaction. Customers save an average of $0.44 per transaction, which can add up to savings of $5k-$500K on bookkeeping every year using AI.

AIGENCY’s AI platform integrates with every major accounting software provider and can leverage their API to perform accounting actions just like a remote employee.

AIGENCY’s platform is most valuable for businesses with high transaction volumes. More than 800 transactions per month.  Including retail businesses, accountants and enterprises.

AIGENCY has generated early traction with paying customers and is looking to scale. Visit www.aigencypartners.ai for more information.

Kulture Khazana – Akruti Babaria, Founder/CEO
Kulture Khazana connects families with cultural stories through play. Kulture Khazana creates toys, games, puzzles, and craft kits inspired by South Asian culture.

An immigrant, when Akruti had her first child, she could not find resources that depicted her home and heritage on any store shelves. Several South Asian families were in the same boat. Akruti started Kulture Khazana to create resources that are authentic, fun, shareable, and accessible.

With year-over-year 200% growth past 4 years, Kulture Khazana is one of the first South Asian-inspired toy companies to be listed on Target.com, Nordstrom.com, Macys.com, and Walmart.com.

Kulture Khazana has 2 main customer demographics – Nisha (South Asian mom, $200K+ family income, cares about culture), and Brenda (neighbors with or friends with Nisha, explores other cultures, a busy mom). Brenda’s are organically growing.

Kulture Khazana won the FedEx Small Business Grant contest in 2022, and has been featured on Good Morning America twice. We are well positioned to grow 200% in 2024 and with a retail PO in the works for 2025, will continue to grow.

Kulture Khazana is exploring the education, and small toy store market to further penetration.

With a Founder who has lived the experiences and understands the problems first hand, Kulture Khazana is building a team to focus on operational efficiency, growth marketing, and sales. For more information, please visit – https://kulturekhazana.com/

 

Admission Free
Contact Jack McGowan at Insyte Consulting (716-864-8670) for more information.

Call For Presenters!
We are seeking qualified presenters for future meetings.  Potential presenters must submit a business plan, which will be reviewed by our Coaching Committee for appropriateness and completeness.

 

The Western New York Venture Association is a not-for-profit organization formed to promote investments
 in Western New York by identifying quality investment opportunities and by creating
interaction between entrepreneurs and investors.

Venue

WNY Venture Association
683 Northland Avenue
Buffalo, NY 14211 United States
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Phone
716-636-3626
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