LUDINGTON — A tiny enterprise operator or any person with an entrepreneurial strategy can contend for a $5,000 income prize.
Each nonprofit and for-gain Mason County businesses are inspired to enter the 2022 Momentum 5×5 Levels of competition, which opened June 1. A finish, written company system is not necessary to post an entrepreneurial thought.
“This levels of competition is a excellent way to showcase your business enterprise and get some seed dollars for your idea,” reported Brandy Miller, president/CEO of the Ludington & Scottville Place Chamber of Commerce, in a information launch. “Meeting with a Score mentor has also verified to be a superb asset for our previous competition. We motivate any modest organization to enter.”
Five decided on finalists will existing their thoughts to a panel of judges on Aug. 16 at Epworth Heights.
The Ludington & Scottville Location Chamber of Commerce administers the Momentum 5×5 program to persuade new organizations in Mason County, for individuals who might need start off-up cash to get their enterprise thoughts going ahead, in accordance to a information launch. Prize income is sponsored jointly by the Epworth Assembly and the Epworth Church Affiliation.
As component of the contest, candidates will acquire absolutely free, confidential counsel from a Rating organization mentor. In addition, just about every entrant will have 5 minutes to pitch an thought. The winner is suitable to shift on to a bigger momentum level of competition in 2023.
“The 5×5 is just one of the ways we emphasize Epworth’s connection to the group,” stated Kim Hamm, Epworth’s general manager, in a information release. “We are grateful to our community entrepreneurs for developing companies our cottagers want and assist. It’s fairly amazing to see how all of the past winners are flourishing.”
This will be the fourth Momentum 5×5 in Mason County hosted by the chamber and Epworth.
The 2018 winner, Sister Bees, received $5,000 and went on to a greater levels of competition, the Momentum Enterprise Strategy Levels of competition, in which the Ludington pores and skin-treatment enterprise won $50,000.
In 2019, My Inspired Studio was awarded $5,000 in the 5×5 contest. Entrepreneur and artist, Sarah Stechschulte, used the resources for her subscriber-based, monthly creative package which involved artwork supplies moreover on line instruction. Stechschulte gained one more $14,000 in the bigger Momentum levels of competition with her Inspired Get-togethers enterprise.
Dwelling and Harbor, a local candle firm, was the winner in 2021 and has programs to open up a downtown Ludington storefront quickly.
This year’s winner will be eligible to take part in the more substantial Momentum competitors prepared for 2023.
For full regulations and data about how to enter the Momentum 5×5, go to momentum startup.org. Entry deadline is July 22.