NEWS

Local entrepreneurs win business start-up, expansion funds in HarborOne Bank's first RI Small Business Pitch Contest

Posted 10/6/21

HarborOne awarded $17,500 to four small business entrepreneurs as part of their first annual Rhode Island Small Business "Pitch Contest," hosted at the Bank's Providence branch location in collaboration with Providence Media. On Sept. 28, eight

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NEWS

Local entrepreneurs win business start-up, expansion funds in HarborOne Bank's first RI Small Business Pitch Contest

Posted

HarborOne awarded $17,500 to four small business entrepreneurs as part of their first annual Rhode Island Small Business “Pitch Contest,” hosted at the Bank’s Providence branch location in collaboration with Providence Media. On Sept. 28, eight entrepreneurs were selected from a pool of twenty applicants to present their business plan to four judges in a competition for a $10,000 first place prize to help develop and grow their business.

First place and the $10,000 prize went to Azure Cygler, owner of Rhody Wild Sea Gardens in Narragansett. She is a sea gardener who is growing kelp for climate change. Kelp is good for the earth and now’s the time to bring the benefits of kelp into the spotlight and share them with the world.

Additionally, three entrepreneurs received $2,500 each: Kemi Asani, Afrobeat Fit, LLC in Providence; Sean Maloney, 13 Stars Hot Sauce in Cranston; and Victor Regino, Luis Olmo and Travis Escobar, Papi’s Cojito in Pawtucket.

“We had a number of extraordinary small business owners participate in our first ever Rhode Island Pitch Contest,” said Stephen Gibbons, Regional VP, Commercial Lending, HarborOne Bank. “It is rewarding to recognize and have the ability to support these small business owners who are making positive contributions to our communities.”

The socially distanced event was held at HarborOne Bank’s Providence location. The small business pitch contest is designed to provide the opportunity for area entrepreneurs to present their business plans and ideas in a constructive, fun and friendly forum. Each applicant had five minutes to present a business plan and growth strategy. Participants were judged on presentation, marketing and sales strategy and financials.

This year’s judges were Stephen Gibbons; Phillip Kydd, business consultant and advisor at The Gemini Group and vice chair of the HarborOne Foundation RI; Sandra McNamara, business advisor and marketing consultant; and Nicholas DelGuidice, general manager and creative director at Providence Media.

entrepreneurs, funds

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