- This event has passed.
Because of unforeseen events, the Piranha Pond scheduled for Thursday morning, June 16th has been postponed. I apologize for any inconvenience. You will be advised as soon as it is rescheduled.
Thursday, June 16, 2016 from 7:30 – 10:30 AM
The Enterprise Center at Salem State University
121 Loring Ave., Salem, MA 01970
Attendance fees: General admission – $35; 128ICG Members – $25
Application Deadline is 5:00 PM June 7, 2016
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, our 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, we seek companies beyond the idea stage. 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.
Please note: There is a $50 application fee required in order to be considered. 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 if a pharma, equipment or medical device company.
Annette Reynolds has been the Executive Director of the 128 Innovation Capital Group for 11 years. The group provides networking opportunities for Entrepreneurs and Investors. The speaker at each meeting is always an investor. Several years ago she introduced the Piranha Pond Pitch Parties where entrepreneurs have the opportunity to pitch their companies directly to an investor panel.
Mrs. Reynolds has an M.S. in Biochemistry and has spent most of her professional career in sales. Once desktop computers became business necessities, she was seduced by the dark side of IT and her efforts have focused on software sales, implementation and training. When the founder of the 128 Venture Capital Group decided to retire in 2004, Mrs. Reynolds took over the operation of the group, rebranding it as the 128 Innovation Capital Group.
The [ticket] holder consents to the use of his or her image, likeness, actions and statements in connection with any recorded audio, photograph, video or other publication of the event.
Tue, Dec. 6, 2022 - 8:30am - 10:00am