WELLSBURG — Quite a few people or groups with suggestions for new small business ventures will vie for quite a few thousands of dollars to assistance them make their targets a reality in a contest to be held Tuesday at Brooke Higher College.
The Ohio Valley Small business Alliance Corp. will hold its very first Small business Pitch Contest at five:30 p.m. in the school’s auditorium.
Admission is free of charge for the occasion, which OVBAC member David Klick expects to be very fascinating.
“We have a lot of men and women 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 quite a few 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 small business 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 nearby enterprises and other organizations, the group will divide $eight,000 amongst the two winners, with the biggest quantity going to the one particular that areas very first.
He noted the prize funds will be disbursed as the two small business ideas are created.
Klick mentioned the contest is related in format to television’s “Shark Tank,” with the contestants provided 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 small business 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.
Every single of the contestants has been instructed to prepare a presentation that contains estimated charges for their endeavor, their targeted market place and their vision for the small business in two to 5 years.
“We have a lot of men and women who have place a lot of time and believed into their projects,” mentioned Klick.
To assistance the contestants prepare, the Ohio Valley Small business Alliance has invited them to the West Virginia Tiny Small business Improvement Center’s Inspiring You series of seminars and referring them to other sources.
Held at the Brooke County Public Library, the free of charge seminars provide guidance to aspiring and current small business owners in subjects ranging from creating a small business strategy to marketing and advertising their goods and solutions to prospective shoppers to understanding monetary 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 help and Brooke County college officials for producing the auditorium readily available 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 help that.
“We believe this could actually be sufficient to move the needle for an individual,” mentioned Klick.
(Scott can be contacted at wscott@heraldstaronline.com.)
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