The Business Challenge is a competitive process that will award up to $11,000 in business investment grants and valuable business services for new entrepreneurial ventures and existing businesses looking to expand with additional job creation within the identified region.
This three-month business training, networking, and mentorship opportunity will result in a pitch night in Delta. You will be introduced to opportunities and incentives in towns throughout the region to find the perfect location for your business—and a community that wants you to succeed.
Applications must be submitted or postmarked no later than 11:59 p.m. on February 12, 2019. Once applications are received, a cohort of Challengers will be selected to participate in the program on February 19th.
Challengers have the opportunity to compete for the top award of $5,000 and smaller cash awards for second, third, fourth, and fifth places. In addition to the cash awards, the top 5 businesses will each receive a tailored package of valuable business services. Examples of services are: business consulting, several free months of internet and/or co-working space, marketing assistance, or help in securing and/or renovating a location. All participants will develop a deeper understanding of how to create a business plan, be partnered with a mentor, have networking opportunities with other regional entrepreneurs, and learn of business incentives and location opportunities throughout the area.
This pilot competition is open to businesses and entrepreneurs seeking to establish businesses within the region from Olathe to Somerset (including Somerset, Paonia, Crawford, Hotchkiss, Orchard City, Cedaredge, Delta and Olathe). This competition seeks to enhance the main streets/downtown business district in these communities and other commercial areas in the targeted region.