Day Two E-Week Events Focus on Financial Matters and Final Hatch Run Through
A standing-room-only crowd packed the David J. Joseph Student Hub to listen to experts discuss the financial considerations when starting a business. Dr. Dan Klein, associate professor of the finance department, introduced the group of panelists who gave valuable advice to students thinking about starting up a business.
The first panelist, Bob Savage, president and fund manager at Rocket Ventures, presented from the equity standpoint and described for students what to expect during the financial planning process. He outlined the opportunities that are available to aspiring entrepreneurs, in general, and through his organization that serves as a venture capital and entrepreneurial resource. President of the Bank of Maumee, Kevin Rahe, explained what his bank does to drive entrepreneurship and what the Small Business Administration can do to help those launching a business through a more streamlined process than before. Finally, Vice President of First Federal Bank, Tari Christoff, provided an outline of the various types of bank accounts to consider when starting up a business and the credit history students will need to build. She also described considerations when choosing a financial institution.
The second Hatch rehearsal at 6:00pm gave the other six finalists a chance to practice their presentation skills on faculty and staff portraying the investors they will face on Wednesday, April 9, at 7:00pm in the Bowen-Thompson Student Union during “The Hatch.” Dozens of students watched the final dress rehearsal and gave feedback to the entrepreneurs.