Youth Business Ventures Competition Looks for New Businesses to Fund
Calling All Young Entrepreneurs:
Sheridan County Youth Business Ventures Competition Looks for New Businesses to Fund
The Sheridan County Chamber of Commerce Ag and Natural Resources Committee is partnering with the Sheridan County 4-H and FFA organizations to host a Youth Business Ventures Competition. This competition is open to any youth ages 8 (by January 1, 2018) to 18 in Sheridan County. Youth do have to be 4-H or FFA members to compete in the competition.
The Youth Business Ventures Competition provides an opportunity for youth to write and present a business plan in competition for seed money to start a new business or to grow an existing business. The purpose of the competition is to encourage youth to develop an entrepreneurial mindset that will benefit them in future career opportunities, help them learn the process of developing business plans, provide an avenue for youth to practice and develop effective verbal communication, encourage goal setting and determination of a course of action that will help them to reach goals and to provide monetary awards for successful plans.
The competition will consist of two parts; 1) a written business plan, and; 2) a presentation of their plan to a panel of judges detailing the type of business, major components of the business, and marketing strategies. Funding from the Sheridan County Chamber of Commerce Ag & Natural Resources Committee events, the Buy Local Task Force and sponsorships from local businesses AgTerra Technologies, Inc. and Keller Williams, Three Peaks Real Estate will be used to award seed money to business plans deemed to have merit by the committee.
More competition information and application packets can be obtained from the Sheridan County Chamber of Commerce office located at 171 N. Main St., Ste. D, or downloaded here:
Written business plans must be returned to the Chamber office no later than 4pm Friday April 13, 2018 and applicants must be available to present their plans in person to the committee on Monday April 23, 2018 at the Chamber office at 6:00pm. A workshop and question/answer session to assist youth in writing their business plans will be held at the Chamber office beginning at 5:30 pm on Tuesday, March 27, 2018 (Please RSVP to the Chamber by noon on March 27th if you will be attending this workshop; 672-2485 or firstname.lastname@example.org).
If you have additional questions, please call or email Karen Myers at the above referenced contact information.
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