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Venture-Capital Forum in Rhode Island to Sport New Look.

Knight Ridder/Tribune Business News

| February 28, 2003 | COPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

By Andrea L. Stape, Providence Journal, R.I. Knight Ridder/Tribune Business News

Feb. 28--PROVIDENCE, R.I.--Control of the state's annual venture-capital conference has changed hands for the third time in three years, and this year's forum may be canceled.

A June date for the Venture 2003 Forum was announced in October, but now the fifth annual conference has been pushed off until, at least, September as the state's Samuel Slater Technology Fund steps in to manage and reorganize the event.

The Rhode Island Technology Council, which ran the 260-person, two-day conference last year, recently handed the reins over to Slater. And the fund, run by Jerry Schaufeld, won't be able to refocus the five-year-old program by June.

"It would be nice if we could have it in the fall," said Schaufeld. "But I would have no problem postponing it until spring of the following year."

The move also brings the forum closer to Governor Carcieri's economic-development czar, Michael McMahon, executive director of the Rhode Island Economic Development Corporation. Carcieri, focused on driving job creation ...

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