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Shelby County DevelopSource announces business competition

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May 31st, 2012 by Ric Hanson

Officials with Shelby County DevelopSource say their 2012 Business Plan Competition is underway. “Shelby County New Enterprises,”  is a business plan competition open to all start-up and expansion businesses located in or willing to locate to Shelby County. The competition winner can receive up to $30,000 in start up grants. Costs eligible for the funds include feasibility studies, market research, and equipment; purchase/improve property, marketing and more.

In addition, the winner or winners could receive other free items such as basic website design, office space for three months, newspaper and radio advertising, mentoring and assistance in completing finance package. Entrepreneurs with business ideas to implement in Shelby County are encouraged to apply. The deadline to submit an application to the Shelby County New Enterprises is Friday, July 20th. A panel of judges will select the finalists and all finalists have the opportunity to present their business plan on Thursday, August 16th. More information and an application form can be found at www.developsource.com .