The 2003 meetings of the Academy of Entrepreneurial Finance Conference were held on the campus of DePaul University in Chicago, Illinois, April 30-May 2, 2003. The conference brought together a large number of academics, practitioners and policy makers from around the world. It accomplished its goal of bringing together those engaged in the scholarly investigation of entrepreneurial finance and practitioners and other professionals of the field. The conference provided for a forum to share the results of research, acquire state of the art information, and exchange ideas on a variety of topics. These included the entrepreneurial investment decision, the financing process, IPOs, access to capital through the public sector, the teaching of entrepreneurial finance, and venture capital. Reflecting the overall orientation of the conference, luncheon keynotes emphasized both the practical and the academic sides of the debate. James Malackowski, the CEO of Duff & Phelps Capital Partners, on the first full day of the conference, and Professor Steven Kaplan of the University of Chicago, on the second day, shared some extremely valuable insights and results with the participants. Further enriching the conference were other keynote speeches delivered by Bret Maxwell of MK Capital, and James Stancill of the University of Southern California. In our assessment, the conference was a huge success. It would not have been so had it not been for the support of the board of the Academy of Entrepreneurial Finance, including Jacky So, Rassoul Yazdipour, Chunchi Wu, Allan Young, Charles Ou, Andrew Zacharakis, Jerome Osteryoung, and G. Geoffrey Booth. As the co-chairs of the conference, we remain indebted for their support.

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