PROVIDENCE – A backpack lock for urban travelers earned top marks at the Rhode Island Business Plan Competition’s seventh annual Elevator Pitch Contest Dec. 5.
The event, which was held at Johnson & Wales University’s Harborside Campus, drew 46 established and aspiring entrepreneurs who presented their business ideas to a panel of judges.
Each pitch participant had 90 seconds to present a business idea to a panel of expert judges from the Rhode Island business community, who then provided constructive feedback telling presenters what they did well and how they could improve their pitch.
David Emanuel, a senior undergraduate mechanical-engineering student at Brown University, earned the top spot for Lock’d, a system that allows urban travelers to attach their backpacks to stationary objects like hostel beds and train seats.
“With even just a little bit of funding we will fully develop a working prototype, enabling Lock’d to give travelers what they deserve: a worry-free and relaxing adventure,” said Emanuel in a statement.
A total of $1,000 in cash prizes was awarded to the top 10 presenters. •
PBN is now accepting applications for its newest award program and event for RI & Bristol County to celebrate the Manufacturing Renaissance that is evolving regionally and across the country. The deadline for applications is March 20th.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.