Virginia Tech Professor Will Pitch at Open Angel Forum

Robert H. Giles, Jr., Professor Emeritus at Virginia Tech and founder of Rural System, will be pitching RRx as a live Open Angel Forum finalist on April 8, 2010, the second day of the the two-day VT KnowledgeWorks Second Annual Entrepreneurship Summit on April 7-8, 2010 at the Inn at Virginia Tech and Skelton Conference Center in Blacksburg, Virginia

Rural System, Inc. is a VT KnowledgeWorks member company.

RRx is web-based Software-as-a-Service (SaaS) under development by Rural System, a corporation providing proprietary advanced plans, management services, and diverse enterprises for large rural lands and waters of absentee owners. A dynamic prescription system for optimal use of owned land, GIS-based and GPS supported, co-developed with InteractiveGIS, this expert system generates unique prescriptive reports for parcels of land through analysis of many factors to the precision of 10 m x 10 m units. RRx optimizes information from the owner, the land, GIS, markets, and more, and provides actions to implement for sustained, long-term profits.   

RRx is the brain or engine of Rural System, a developing land management corporation. Offered soon, five tiers of diagnostics and prescriptions of increasing importance and detail are offered to customers for improving their land profits for the long term. The first tiers of Internet-based, site specific prescriptions arise from owners’ answers to questions and analyses of GIS data and maps. Subsequent, more costly tiers of the dynamic system are offered to improve significant land profitability leading to regional employment, community stability, and environmental health.

For the pitch Bob Giles will make for RRx on April 8, 2010 at the E-Summit, here's the RRx Executive Summary (.pdf) and here's a slideshow of the larger vision, Rural System.

Part of multiple Angel Funding events at the E-Summit, the Open Angel Forum features ready-to-fund companies from the Roanoke and New River Regions of Virginia. Company founders will pitch to a panel of locally focused angel investors and an amphitheater full of educators, business leaders, researchers, investors, and entrepreneurs.  The Open Angel Forum provides audience members with a unique opportunity to see how raising capital is done with real companies and real investors.  After each company pitch, the panel will provide feedback to the entrepreneurs on how to polish their business models to increase the chance of receiving funding now.

Registration for the Entrepreneurship Summit is open for attendees, advertisers and vendors as long as space is available until March 31, 2010.

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VT KnowledgeWorks, a regional business acceleration center that helps companies bring ideas to market, will present the Second Annual Entrepreneurship Summit on April 7-8, 2010 at the Inn at Virginia Tech and Skelton Conference Center in Blacksburg, Virginia. This two-day comprehensive workshop is for prospective company founders, entrepreneurs launching or re-vamping a business, growing companies seeking expansion capital, and individuals interested in investing in early-stage companies.

Registration is open for attendees, advertisers and vendors as long as space is available until March 31, 2010.

VT KnowledgeWorks Global Challenge Trophy VT KnowledgeWorks is pleased to announce a Global Student Business Concept Challenge, August 29 – September 4, 2010, in Blacksburg and Roanoke, Virginia, USA.  The Challenge celebrates the energy and ingenuity of university students and their important contributions to the future of our global economy.  The name of the winning team, their university name, and their home city will be etched into the base of the VT KnowledgeWorks Global Challenge Trophy as a permanent tribute to their outstanding effort.  The winning team will earn a $25,000 cash prize.

DayOne Ventures @ VT KnowledgeWorks is an invitation-only seed stage investment and mentoring program for technology-based startups, funded and operated by experienced, successful entrepreneurs who are also angel investors. 

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VT KnowledgeWorks sponsors include Attaain, Inc., BB&T, Handshake 2.0, Harris Office Furniture, Hodges, Jones & Mabry, P.C., Hutchison Law Group, Latimer, Mayberry & Matthews IP Law, LeClairRyan, Science Applications International Corporation (SAIC) and The Becher Agency (TBA).

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