Deadline approaching for Momentum Business Plan Competition

Deadline approaching for Momentum Business Plan Competition

LUDINGTON — Local businesses and entrepreneurs have until March 24 to enter the Momentum Business Plan Competition, which will award cash and services to three winners this spring. 

Any Mason County for-profit or non-profit venture with a viable business idea, plan or invention – or existing organization or company with less than $250,000 in sales or revenue annually – is eligible to apply. A complete business plan must be submitted along with an application.

A “Shark Tank-style” pitch night will be held Thursday, May 25 at Ludington Area Center for the Arts, when five finalists will present their ideas to a live audience. A panel of judges will decide who will take top honors. The prize breakdown is as follows:

• First place: $15,000 cash and $10,000 in business support services
• Second place: $10,000 cash and $5,000 in support services
• People’s Choice Award: $5,000 cash 

This competition is administered by the Chamber Alliance of Mason County and funded by Pennies from Heaven. Find complete rules and sign-up information at momentumstartup.org.

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