WELLSBURG — A number of people or groups with tips for new enterprise ventures will vie for quite a few thousands of dollars to support them make their targets a reality in a contest to be held Tuesday at Brooke Higher College.
The Ohio Valley Business enterprise Alliance Corp. will hold its initial Business enterprise Pitch Contest at five:30 p.m. in the school’s auditorium.
Admission is absolutely free for the occasion, which OVBAC member David Klick expects to be pretty fascinating.
“We have a lot of folks who have place a lot of time and believed into their projects,” mentioned Klick, noting the seven competitors from Brooke and Hancock counties with ambitions for a wide variety of enterprises.
Klick is co-chairing the occasion with Dr. Heather Stone and Joan Simonetti.
He is amongst lots of alliance members with previous ties to the Wellsburg Chamber of Commerce and the former Brooke County Financial Improvement Authority, which had teamed for quite a few years to hold enterprise pitch contests.
“This year I’d say we have the finest applicants considering that I’ve been involved with the pitch. And it is the most significant pot for the winners,” he mentioned.
Klick mentioned thanks to the generosity of neighborhood organizations and other organizations, the group will divide $eight,000 amongst the two winners, with the biggest quantity going to the a single that locations initial.
He noted the prize cash will be disbursed as the two enterprise ideas are created.
Klick mentioned the contest is comparable in format to television’s “Shark Tank,” with the contestants offered a restricted time to provide their proposals to a panel of 5 judges.
The 5 are: Luke Diserio, chief executive officer of American Muscle Docks and Fabrication Kelly Jeffers, winner of the final enterprise pitch Ingrid Loy, a marketing and advertising instructor at West Liberty University Jay McLaughlin, vice president of accounting and finance at Wheeling-Nippon Steel and Weirton lawyer Michael Simon.
Each and every of the contestants has been instructed to prepare a presentation that incorporates estimated charges for their endeavor, their targeted industry and their vision for the enterprise in two to 5 years.
“We have a lot of folks who have place a lot of time and believed into their projects,” mentioned Klick.
To support the contestants prepare, the Ohio Valley Business enterprise Alliance has invited them to the West Virginia Tiny Business enterprise Improvement Center’s Inspiring You series of seminars and referring them to other sources.
Held at the Brooke County Public Library, the absolutely free seminars give guidance to aspiring and current enterprise owners in subjects ranging from establishing a enterprise strategy to marketing and advertising their goods and solutions to possible shoppers to understanding economic statements.
In addition to the event’s sponsors, Klick expressed thanks to the chambers of commerce of Weirton, Follansbee and Wellsburg, which also have offered assistance and Brooke County college officials for producing the auditorium offered for the group.
He mentioned the group hopes to spur financial development all through the Northern Panhandle and sees events like the contest as a way to assistance that.
“We feel this could truly be sufficient to move the needle for somebody,” mentioned Klick.
(Scott can be contacted at wscott@heraldstaronline.com.)
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