SOURCE: RI Business Plan Competition

February 28, 2007 09:00 ET

Rhode Island Business Plan Competition to Host Free Presentation Workshop March 14

PROVIDENCE, RI -- (MARKET WIRE) -- February 28, 2007 -- Two of Rhode Island's top emerging entrepreneurs will share insights on how to present a business plan that can potentially raise millions of dollars from investors during a free workshop on March 14 sponsored by the Rhode Island Business Plan Competition.

Ted Danse, president and CEO of Neurotech, and Mark Hellendrung, president of Narragansett Brewing Company, two of Rhode Island's most successful emerging companies, will lead the workshop.

In addition, Steve Landau, a director at Healthcare Ventures LLC in Boston, and George Simmons, vice president of Boston-based Derby Management, will engage in an interactive discussion with the presenters on what works and what to avoid when presenting a business plan.

The workshop is the last of three similar events offered to in connection with this year's competition.

"How to Present Your Business Plan" is open to the public, but pre-registration is required at www.ri-bizplan.com. It will be held 5-7 p.m. at the offices of Brown Rudnick, 121 So. Main St., Providence.

Garrett Hunter, Rhode Island Business Plan Competition co-chair and president of the Business Development Company of Rhode Island, said the March workshop will address a key skill that entrepreneurs need to master when raising funds.

"Knowing how to persuasively present your plan face-to-face is critical, as that meeting will do a lot to convince investors to invest in you," Hunter said. "We're fortunate to have two highly accomplished entrepreneurs who will share their experiences and tell us how it's done."

Danse recently helped raise $35 million in a Series B private equity financing for Lincoln-based Neurotech. He has close to 30 years of life science industry experience, with over 20 in the ophthalmic industry. Hellendrung has been piloting the rebirth of Providence-based Narragansett Brewing since 2003. Previously, he was instrumental in growing Nantucket Nectars to $65 million in sales from a regional start-up.

The Rhode Island Business Plan Competition will award $125,000 in prizes to this year's winners. The deadline to apply is April 2, 2007. Winners will be announced May 1.

About the Rhode Island Business Plan Competition

The Rhode Island Business Plan Competition, a nonprofit organization that seeks to promote entrepreneurship and the development of start-up and early stage companies in Rhode Island, is supported by 24 local organizations, including public and private companies, universities and colleges, and public agencies.

Complete competition information, including rules, application procedures, guidelines, and business plan resources, is available at www.ri-bizplan.com.

Contact Information

  • CONTACT:
    Peter Lowy
    781-326-9980
    Business Communication Strategies
    Email Contact