Youth Business Venture Competition Happening Again This Year

All Sheridan County youth between the ages of 8 and 18 are invited again this year to write and present a business plan in competition for seed money to start a new business or grow an existing business.

Dana Pearce, who's a member of the Sheridan County Chamber of Commerce Ag and Natural Resources Committee, explained the competition in a meeting of the ag committee Tuesday.

Youth must have been 8 years old by Jan. 1 of this year to qualify. The competition consists of two parts, a written business plan and a presentation of the business plan to a panel of judges detailing the type of business, major components of the business and marketing strategies.

Submissions will be accepted in two categories, one for youth from 8 to 12 years old and the other for youth ages 13 to 18, and recipients will receive up to $500 in seed money and be paired with a mentor who will assist with business development.

Midway through the year, recipients will have an opportunity to present an update on their business and possibly receive another $500.

More competition and information packets can be obtained from the Sheridan County Chamber of Commerce offices on Main Street.

Written business plans must be returned to the chamber office by 4 p.m. April 19, and applicants must be available to present their business plans in person on May 2.

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