Guiding entrepreneurs in writing a business proposal
RIT’s business incubator Venture Creations teamed up with High Tech Rochester business incubator to create a business plan guide for local entrepreneurs and innovators seeking guidance. Rochester-area investors were also surveyed as to what they wanted to see in a business plan.
The guide is called Rochester/ Finger Lakes Business Plan Guide for Technology Companies and is co-authored by Bob Kot, director of new ventures at High Tech Rochester and Rich Notargiacomo, director of new ventures and commercialization at Venture Creations.
The 10-page guide outlines the many areas an entrepreneur should address — Executive Summary, The Opportunity and Market, Product/Service/Technology, Competition, Business Strategy, Financials, Company/Management Overview, Summary — and then drills down with highly specific questions that entrepreneurs should address.
To download a free PDF of the business plan guide, go to www.rit.edu/vc. To learn more about the collaboration, go to http://www.rit.edu/news/story.php?id=49737.
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