SOURCE: RI Business Plan Competition

September 24, 2007 08:31 ET

Rhode Island Business Plan Competition Announces Oct. 3 Kick-Off, New Sponsors

PROVIDENCE, RI--(Marketwire - September 24, 2007) - The Rhode Island Business Plan Competition today announced that it will host a kick-off meeting on Oct. 3 to introduce and explain the 2008 competition -- and help prospective applicants prepare to compete for $150,000 in prizes.

The event, which is free to the public, will be held 5 - 7 p.m. at the Culinary Archives and Museum at the Harborside Campus of Johnson & Wales University, which offers free parking. Pre-registration is required, and may be completed online at

The launch will be hosted by Competition Co-Chair Charles Kingdon, associate vice president of Brown technology partnerships, Brown University.

In addition to learning about changes in this year's competition, attendees at the Kick-Off will hear from the winners of the 2007 competition: Michael Glier, chief executive officer and co-founder of Campus Guardian, and Brad Weinberg, co-founder of Providence Health Solutions.

Also, Stephen Lane, co-founder and CEO of Item Group, a leading design firm based in Providence, will speak on "From Business Plan to Profits," detailing what it takes to transform a business idea into a profitable enterprise.

Following the presentations, everyone is invited to participate in a networking session.

Three New Sponsors Support "Shared Commitment"

Three local companies have recently agreed to support the 2008 competition, bringing to 28 the number of businesses, nonprofit organizations, and colleges and universities that are sponsoring the competition.

The new sponsors are Citizens Bank of Rhode Island, Item Group, and Software Quality Associates (SQA) of Providence.

"The support for this year's competition has been overwhelmingly positive," said Co-chair Garrett B. Hunter, president of the Business Development Company of Rhode Island. "It demonstrates a strong, shared commitment to the goal of fostering development of new businesses in Rhode Island."

Sponsors of the 2008 Competition

Sponsors of the 2008 Rhode Island Business Plan Competition include: Hinckley, Allen & Snyder LLP, Kahn, Litwin, Renza & Co., Ltd., Seyfarth Shaw, Brown University, Edwards Angell Palmer & Dodge, LLP, Embolden Design, and Nortek, Inc.

Also supporting the competition are: Brown Forum for Enterprise, Business Development Company of Rhode Island, Cherrystone Angel Group, Citizens Bank of Rhode Island, CVS Caremark, Federal Electronics, Inc., Greater Providence Chamber of Commerce, Item Group, Johnson and Wales University, Point Judith Capital, Providence Business News, Bryant University, Starkweather & Shepley Insurance Brokerage, Inc., Heartlab, Naval Undersea Warfare Center, RDW Group, Salve Regina University, Smith Barney, Software Quality Associates, The Employers Association, and University of Rhode Island.

Complete information, including rules, application procedures, guidelines, and business plan resources, is available at

Contact Information

    Peter Lowy
    Business Communication Strategies
    T: 617-734-9980
    Email Contact