Maritime News

Blue Venture Forum to Feature Piranha Pond Blue Pitch Session

What is the Piranha Pond?

It is a “pitch party” where a select group of entrepreneurs has up to 5 minutes to convince a panel of investors to meet with them to further discuss their ventures.

Using a format similar to the popular television show Shark Tank, investors provide feedback to the entrepreneurs about their presentations and companies, and information to all about why they decide to be “In” or “Out.” If they are “In” they will meet with the Entrepreneur at a later time to discuss their company. If they are “Out” there is no interest at this time. Again, the investor lets us know why s/he will not move forward with the presenter.

For this event, companies are sought beyond the idea stage who are developing a “blue” technology product or service. The ideal company will have raised funds from friends, family, and/or grants such as SBIR’s. If the company’s product is a software or SAAS product, it should be in beta testing or later.

A selection committee will choose the top 8 applicants to present. The successful applicants will be deemed to have companies most likely to interest the investment panel. In the past, the successful companies have been beyond the idea stage, with a finished product and/or revenue or significant progress toward commercialization.

The Blue Venture Forum is excited to bring together entrepreneurs, investors, and leaders to connect and collaborate in a lively dynamic pitch competition,” stated Mollie Frazer Williams, Director of Innovation & Entrepreneurship at The Greater Newport Chamber of Commerce.

For more information about the Piranha Pond Event or to register, please visit https://blueventureforum.org/events/

This event is part of Global Entrepreneurship Week (GEW) a program of The Global Entrepreneurship Network (GEN) The Global Entrepreneurship Network operates an array of programs in 200 countries aimed at making it easier for anyone, anywhere to start and scale a business. GEW is locally organized by the University of Massachusetts Dartmouth for the Southeast region of Massachusetts and Rhode Island.Logos 1

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