FOR IMMEDIATE RELEASE | Fri Jan 10 14:27:00 EST 2014

Chemistry entrepreneurs sought for business plan pitch contest

WASHINGTON, Jan. 10, 2014 — Early-stage chemical entrepreneurs are invited to participate in a business plan competition at the 2014 American Chemical Society (ACS) Entrepreneurial Resources Center Showcase East at Nova Biomedical in Waltham, Mass., on April 9. Twenty participants will be selected to pitch their business plans to investors and potential commercial partners. The winner will receive a cash prize of at least $7,500. The application deadline is Jan. 20.

Independent reviewers will competitively score these applications for investor or partner readiness. The 20 participants selected to participate in the contest will work with a business plan coach to develop a winning pitch. For more information, contact Jennifer Maclachlan at pidgirl@gmail.com.

Investors or partners are also invited to participate in this showcase, either in person or online. Each potential investor will receive a presenter book containing executive summaries and presenter information before the event. Organizers anticipate that these presentations will showcase a range of investment and partnering opportunities in green technology, renewable energy, therapeutic and diagnostic medicine, and other emerging fields. If interested, contact Ken Polk at k_polk@acs.org and indicate a preference for live or online participation by March 20.

This showcase is sponsored by the American Chemical Society in conjunction with its Northeastern Local Section as well as the ACS Division of Small Chemical Business and Nova Pharmaceutical Corp., the world’s second largest privately held in vitro diagnostics company.

The ACS Entrepreneurial Resources Center is part of the Society’s Entrepreneurial Initiative — a member program with the mission of leveraging the Society’s information resources, professional relationships, member technical expertise, and connections with sources of funding and larger chemical innovators toward the commercialization of promising chemical technologies and the growth of U.S.-based chemistry jobs.

The American Chemical Society is a nonprofit organization chartered by the U.S. Congress. With more than 163,000 members, ACS is the world’s largest scientific society and a global leader in providing access to chemistry-related research through its multiple databases, peer-reviewed journals and scientific conferences. Its main offices are in Washington, D.C., and Columbus, Ohio.

To automatically receive news releases from the American Chemical Society, contact newsroom@acs.org.

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