Jean publishes a blog called the Enterprise Corner. It features articles on entrepreneurship, local industry trends, manufacturing news and periodic ‘toolbox’ articles showcasing assistance, incentives and other resources for local businesses.
We are pleased to announce today that New Vision will invite Kittitas County entrepreneurs to compete in its annual business plan contest, the Enterprise Challenge. “We are very pleased to partner with the Kittitas County Chamber of Commerce to expand our contest and offer more resources to small business”, said New Vision’s Dave McFadden. “It’s exciting to work on a bigger better contest with a group that is also deeply committed to entrepreneurship.”
The contest timelines and process will generally stay the same. Contestants will first take classes that help them craft a business plan. A group of judges then reviews plans submitted and begins winnowing down the field. By December a group of eight finalists is announced and these entrepreneurs vie for over $17,500 in prizes. The winner will get $10,000. Second and third place finishers get $5,000 and $2,500 respectively.
According to McFadden, New Vision and the Kittitas Chamber are both taking extra steps to make sure that every contestant has a great learning experience. “We are covering a larger area and we want to make sure that contestants get the help they need whether they are from Roslyn, Kittitas, Tieton or Grandview”. Extra classes and study sessions are being added this year to make sure participating entrepreneurs get hands-on help.
The Enterprise Challenge is celebrating its fifth year. New Vision created the contest to identify and support promising local entrepreneurs. The association also organized the contest to celebrate small business and help focus the region on entrepreneurship as an economic development strategy. “We have been thrilled with the Enterprise Challenge’, notes President Dave McFadden. “Over 80 entrepreneurs have participated in the contest and many have gone on to start successful small enterprises.”
Jim Armstrong president of the Kittitas County Chamber of Commerce thinks the contest can boost Central Washington. “Small business is the backbone of our regional economy and we are thrilled to be part of a contest and initiative that support entrepreneurship.”