The initiative is designed to promote and support entrepreneurs in McCook and to attract new business to the area. Start-ups and existing business owners are equally welcome to submit their business plans. The deadline for the competition applications is May 27, 2009.
A judges’ panel will identify the most promising business plan tailored to the McCook region. The winning entrepreneur or team will be eligible to receive a $25,000 cash investment in exchange for a minority stake in the business. The winner will also be the beneficiary of consulting and advertising services valued at $10,000.
This year, the Hormel Family Foundation is organizing the Annual Business Plan Competition in cooperation with Invest Nebraska Corporation, a statewide nonprofit dedicated to angel investment and entrepreneurship in Nebraska. To learn more, visit www.investmccook.com, or contact Susan Harris-Broomfield at 308.340.0856.
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