Business Planning: Meet the Winners of the 10th Annual WPI Venture Forum Business Plan Contest

FOR IMMEDIATE RELEASE/March 26, 2003
Contact: WPI Venture Forum, +1-508-831-5075

Tuesday, April 8, 2003, 6-9 p.m.
WPI, Campus Center Odeum

WORCESTER, MA (March 26, 2003) - A successful company requires a successful business plan, a key fundraising and operating document. It should be compelling and succinct. And on Tuesday, April 8, the WPI Venture Forum will feature some of the best talent in the area of business planning. Charles Collier, Senior Partner at Mount Vernon Strategies, will talk about how to write a successful business plan.

After Mr. Collier's presentation, the winner of the 10th Annual WPI Venture Forum Business Plan Contest will be selected. The contest finalists, Mouse Specifics, Inc. and Beadwindow!, will present their plans to the audience and to a panel of three venture capitalist judges. The judges will then select the winner, who will be awarded a $15,000 prize.

The WPI Venture Forum meeting will be held on Tuesday, April 8, 2003, at the Odeum Campus Center on the WPI campus in Worcester, MA. Registration begins at 6:00 p.m. and the meeting begins at 6:30 p.m. Registration cost is $10 individual, annual, and lifetime members; and $20 nonmembers.

About the Speakers

Charles Collier is Director of Business Development and Client Relations at Mount Vernon Strategies, which he co-founded in 1994. The company helps organizations implement new sales and marketing programs. Prior to MVS, Mr. Collier worked as a consultant for KSA, a Washington, DC-based consulting firm. He previously worked for the New York Times Company. His relationships with venture capital firms, big four accounting firms, and major law firms have created numerous strategic partnerships for the form, Mr. Collier studied in England and France and holds an MS in International Relations from Boston University and a BA from Tufts University.

Thomas Hampton, Ph.D., is the Founder and CEO of Mouse Specifics, Inc. which develops, manufactures and sells novel systems biology instruments for use by biopharmaceutical companies and academic research laboratories engaged in drug development. Other officers in the company include Peter Mueller, COO and Director of Business Development and Chuck Brown, CFO and Business Development Manager.

Beadwindow! is an Intrusion Prevention System designed to mitigate the effects of risks posed by hackers, system errors, inexperienced users, and/or other assets in the enterprise environment. Jeffery L. Stutzman, Founder and CEO of Beadwindow!, is also founder of ZNQ3, Inc., another early stage venture in the information security space. His background includes information security posts in the U.S. Navy and with Cisco. He is completing his MBA at Worcester Polytechnic Institute.

The WPI Venture Forum Business Plan Contest, featuring a $15,000 prize, is sponsored by Hamilton Brook Smith & Reynolds, P.C., Mirick O'Connell, Bowditch & Dewey, North Bridge Venture Partners, and the Worcester Telegram & Gazette. Our Patron sponsors include Edwards & Angell, LLP, MTDC, Lucash Gesmer & Updegrove, LLP, Sullivan Group, Worcester Capital Partners, and Weingarten Schurgin Gagnebin & Lebovici LLP. In-kind contributors are Mottle McGrath Braney & Flynn, PC, NTB Associates, Dick Prince, Asandia, ProSpeed, Sager & Sager Attorneys at Law, and Priestley Communications, Inc.


About the WPI Venture Forum

The WPI Venture Forum was created in 1990 to promote the entrepreneurial spirit and to serve those who engage in technology- based entrepreneurial enterprises by providing advice, support and education tailored to meet their needs. The forum fosters entrepreneurship through such activities as monthly programs, a business plan contest, a weekly radio show on News Radio WTAG (Saturdays, 5-7 pm, 580am), and a monthly newsletter.

The Venture Forum, as part of the Collaborative for Entrepreneurship & Innovation in the Department of Management at WPI, serves individuals who are seeking to begin their own technology-based businesses; founders, presidents, and senior managers of start-up or early-stage companies; senior managers of companies that are restarting or making a transition for one mode of operation to another; and employees leaving large companies due to a reduction in force or to start businesses.