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Economic Development NewsPRESS RELEASE:
2013 MADE In Missouri Entrepreneurship CompetitionWinners Announced
Fri, 16 Aug 2013, 13:50:28 EDT
MARSHALL, Mo., Aug. 16, 2013 (SEND2PRESS NEWSWIRE) -- The finals for the 2013 MADE In Missouri StateEntrepreneurship Competition were held on August 12 at theMissouri State Fair. This is the fourth annual event sponsored bythe Missouri Alliance for the Development of Entrepreneurship.Its goal is to celebrate and recognize the importance of locallyowned businesses and provide a venue to assist them towardbecoming successful. The competition assists new and aspiringMissouri based businesses through a competitive andeducational business development process that awards businessinvestment funds to the winners.Competitors start by answering a questionnaire about their business ideas including the impact their business would haveon their community. First round judges then provide thecompetitors with tips, referrals and suggestions on how to make their businesses concept better or things they shouldconsider. The finalists turned in their completed business plans and financial projections prior to the event. During the finalround of the competition the competitors present their products and services in a trade show and give a presentation followedby a question and answer period with judges at the Missouri State Fair on August 12, 2013 in Sedalia, Missouri.Certificates and business investment awards were given out to the winners in each of the two classes, Open and Youth. In theOpen class the first place winner David Christenson from St. Charles for Allergy Sciences Incorporated. The second placewinner is Tom Cohen from St Louis for Nanopore Diagnostics, LLC. Third place in the Open class went to Kim Lanes fromHarrisburg for 5Gen Salsa, LLC. In the Youth class Brandon Banks from Warrensburg with Powerhouse Web Design took firstplace.This project and event contributes to economic stability in Missouri by helping locally owned businesses move toward success.These new business owners become leaders and reinvest in the communities that support them. They create an economicfootprint, hire local people and make a difference in the communities. About MADE:The Missouri Alliance for the Development of Entrepreneurship (MADE) is comprised of members from several state agencies,USDA Rural Development and others and is facilitated by Missouri Valley Community Action Agency of Marshall, Missouri, anot-for-profit organization located in Marshall, Mo.This project/program is funded at 75 percent at $15,000 by federal funds and 25 percent at $5,000 by nongovernmentalsources for a total amount of $20,000. The federal funds are received from the U.S. Department of Health and HumanServices (HHS) provided by the Missouri Department of Social Services, Family Support Division.More information: http://mvcaa.net/ .NEWS SOURCE:Missouri Alliance for the Development of Entrepreneurship
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