Wayne County offers business startup pitch competitions for adults and youth | Business

ByValerie Winifred

Jul 11, 2022 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

LYONS — The county’s enterprise startup levels of competition has a new twist this calendar year: There will be an chance for university student business people to make pitches as nicely.

The Wayne Economic Growth Corp.’s Kick Start out enterprise pitch competitiveness is now in its fourth calendar year, and in 2022, a video pitch level of competition for community high faculty college students has been extra.

“We are looking at a large amount more financial activity in the nearby business enterprise sector,” stated Brian Pincelli, CEO of the Wayne Financial Advancement Corp., which is sponsoring the event. “Encouraging and making opportunities for entrepreneurship is a important section of our prolonged-phrase approach.”

The EDC pointed out that the previous three annual pitch competitions invested nearly $100,000 into a few enterprises thought of “early phase corporations.”

Load By yourself of Newark was the 2019 winner, Agri-trak captured the prize in 2020, and Sodus Bay Outfitters was the winner in 2021.

The EDC claimed the adult competition involves firms to create business enterprise designs, pitch their program to a panel of live judges, and, if selected, legally integrate and start their concepts into a performing business with a income prize of $20,000.

The company mentioned the student pitch competitiveness will really encourage high school students to create a business strategy executive summary describing their business enterprise thoughts, solutions or services. They also will have to offer money projections and post a five-minute video of their small business pitch.

Wayne County pupils and residents in grades 9-12 for the 2022-23 school year who are possibly house-schooled or in a private university, or who are enrolled in a Wayne County community college district, are suitable to participate.

Youth business owners can operate in groups and may possibly garner aid from their academics, mentors and other disclosed financial development assets, the EDC reported.

The county will award $5,000 to college students in multiple groups, with the major prize $1,250.

The deadline for the grownup pitch submission is Sept. 23, although the youth competitiveness deadline is Oct. 14. Winners will be declared at a live party in November.

Rules for all these applications are readily available at Wayne Economic Growth Corp., 9 Pearl St., on the second floor in Lyons. Or, accessibility information at WEDCny.com.

The EDC famous that it offers a number of loan funds and profit offers that can supply fiscal aid to providers locating or increasing in Wayne County that meet up with particular qualifying standards. Information about these courses is accessible on the EDC’s web page, by contacting (315) 946-5919, or by emailing [email protected].