Momentum Business Plan Competition
If you have successfully completed your business planning stage and are looking for innovative ways to fund your business idea, Momentum may be exactly what you are looking for. The Momentum Business Plan Competition is a new contest that will award one business entrepreneur a prize of $50,000 to start or move an early stage business to Mason County. It’s an incredible opportunity to start and grow your business!
Administered by the Ludington & Scottville Chamber of Commerce, the Momentum Business Plan Competition is open to any eligible independent for-profit or non-profit venture with a viable business idea, plan or invention; or an existing organization or company with less than $100,000 in sales or revenue annually. In addition to providing financial resources, the program offers the winner access to business mentors from Ludington SCORE and the board of directors to expedite the startup phase and increase the likelihood of success.
With many positive things happening in our community, this is a great time to live and work in Mason County. We are looking to attract start-ups that need early-stage funding and want to be part of a thriving community of entrepreneurs.Kathy Maclean
Eligible contestants can upload a business plan to momentumstartup.org. The Momentum Business Plan Competition board will evaluate submitted business plans and select five finalists to pitch their ideas in person before a panel of judges and public audience. Visit momentumstartup.org or facebook.com/momentumstartup for dates and info on the next round of competition.
Five finalists will be selected by the Momentum Business Plan Competition board to pitch their idea live before a panel of judges and an audience. The winner of the competition will be announced and awarded the $50,000 prize that evening. The public will be invited to attend the event.
Momentum is made possible with the generous help from our sponsors: Pennies from Heaven Foundation, Metalworks, FloraCraft, West Shore Bank, Ludington Daily News, Ludington & Scottville Area Chamber of Commerce and Ludington SCORE.
For more information contact Tom Hinman at 231-845-0324.