PROVIDENCE – For the seventh consecutive year, the Rhode Island Business Plan Competition will host the Rhode Island Elevator Pitch Contest, during which participants will vie for $1,000 in cash prizes.
Both aspiring and established entrepreneurs will present their business ideas to a panel of judges in just 90 seconds – short enough to fit in an elevator ride.
“The Elevator Pitch Contest provides a great opportunity to practice a pitch and get immediate feedback from people who know what it takes to build a business,” competition Co-chair Larry Davidson, principal with the Providence-based accounting firm of Kahn Litwin Renza & Co. Ltd., said in prepared remarks.
At the event, which is open to the public, entrepreneurs will present a 90-second pitch to judges and receive immediate feedback about the “clarity and persuasiveness” of the presentation. Cash prizes totaling $1,000 will be awarded to the best presenters at the end of the event.
“Knowing how to make your case to investors is a critical skill for successful entrepreneurs. There’s no substitute for a live audience and, in this case, a friendly one that’s rooting for everyone,” Margaret “Peggy” Farrell, co-chair and partner at the firm of Hinckley Allen & Snyder LLP, said in a statement.
The judges will be Jim Grade, president of InsureMyTrip.com; Gil Lantini, publisher of the Rhode Island Small Business Journal; Pamela O’Hara, president of Batch Blue; and Christine Smith, of the R.I. Economic Development Corporation.
Anyone interested in participating may register at http://www.ri-bizplan.com">www.ri-bizplan.com. People who want to attend but not participate, may pre-register on the same site. The event will take place at the Harborside Academic Center on the Johnson & Wales University Harborside Campus in Providence from 5:30–7:30 p.m. on Wednesday, Dec. 5.
The deadline to register to participate in the pitches is 5 p.m. on Friday, Nov. 30.
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.