PROVIDENCE, R.I. -- Haverhill Inc., an emerging Rhode Island jewelry company, won the biggest prize Tuesday at the Rhode Island Business Plan Competition, the final business event at The Garage.
Founded by CEO Alison Cariati and designer Haverhill Leach, Haverhill won the competition's entrepreneur track and its $30,000 bonus award, bringing its total winnings to $45,000 in cash and $24,000 of professional and consulting services. Haverhill is creating a sterling silver line of jewelry with semi-precious stones, with pieces starting around $250 --a price point Cariati says they've determined career women want.
Azavy won the student track, worth $15,000 in cash and services valued at $24,000. Tyler Benster, a Brown University senior, is leading the team, which includes Yale University senior Michael Anderson and Northwestern University senior Mark Fischer. They're creating an online store that connects people and organizations who have 3D printers with consumers who want to buy products designed and printed on them.
TennisHub, led by President Eddie Ross, won the competition's Technology Special Award, also worth $15,000 in cash and $24,000 in services.
In the 10 years the competition has awarded prizes, it has given out more than $1.4 million. This year's competition drew 78 applications.