Rhode Island Business Plan Competition Announces Free Workshops

PROVIDENCE – (Nov. 13, 2017) – The Rhode Island Business Plan Competition (RIBPC), New England’s leading community supported business plan competition, today announced it will host a series of free workshops aimed at helping emerging and aspiring entrepreneurs learn about key facets of business development from experts.

Starting next month, the workshops will provide insights and tips on how best to identify potential businesses, understand customer motivations, make the case for funding, and present to investors. 

The events, open to the public, will run through March, leading up to the April 2 deadline to apply to the 2018 Rhode Island Business Plan Competition, which anticipates awarding prizes valued at $200,000. Participation in the workshops is not required to apply to the competition.

The workshops, all to be held 5:30 – 7 pm at Tech Collective in Providence, are as follows:

  • Dec. 6 – Define Your Business Idea
  • Jan. 11 – Know Your Customer
  • Feb. 8 – Make Your Business Case
  • March 8 – Win Over Investors
Complete information is available at here.

Sponsors of the 2018 Competition

The RIBPC is supported by private companies, professional service providers, foundations, colleges and universities, public agencies, investors, banks – and previous participants.

Lead sponsors of the 2018 Competition are Bryant University, Everhope Foundation, Hinckley Allen, Integrated Media Group, KLR, Materials Science Associates, MedMates, and Sprout.

Also sponsoring the 2018 Competition are Bank of America, Barlow, Josephs & Holmes, Ltd., Betaspring, Brown University Nelson Center for Entrepreneurship, Center for Women and Enterprise, Envision Technology Advisors, Goldman Sachs 10,000 Small Businesses at CCRI, Greater Providence Chamber of Commerce, Hatch Entrepreneurial Center, Roger Williams University, Social Enterprise Greenhouse, Tech Collective, and University of Rhode Island College of Business Administration.

Additional sponsors include AAA Northeast, Bank Rhode Island, BankNewport, Business Development Company, Cherrystone Angel Group, Classic Hassocks, Deepwater Wind, Delta Dental of Rhode Island, Dimeo Construction Company, InsureMyTrip, Navigant Credit Union, Newport Biodiesel, Pawtucket Credit Union, Richard Carriere, Savings Institute Bank and Trust, Slater Technology Fund, StormTree, Teknor Apex, The Beacon Mutual Insurance Company, The Idea Turbine, The Moore Company, and The Washington Trust Company.

About the Competition

Established in 2000, the Rhode Island Business Plan Competition has been recognized as one of the top 40 business plan competitions in the country. To date, it has awarded more than $2.3 million in prizes to developing companies across many industries. 

The Competition is free and open to everyone age 18 or over whether or not they already have started a business. Complete information, including rules, application procedures, guidelines, and business plan resources, is available at www.ri-bizplan.com