Youths can vie for cash in entrepreneurship contest

Morgan Peterson won last year’s inaugural competition

    McCook Community College is accepting applications through June 5 for the Hormel Youth Entrepreneurship Competition with a chance for area youths to win up to $4,000 in prizes for new or existing business ideas.
    This competition, in its second year, is open to those in the grades 9-12 who live in the following counties: Chase Dundy, Frontier, Furnas, Hayes, Hitchcock and Red Willow.
    Those accepted will attend an Entrepreneur Camp Aug. 8, 15, 22 and 29 from 6-9 p.m. with business plans due Sept. 6 and presented Sept. 12-13.
    Last year, three area youths took won at least $1,500 for their businesses which included pizza and cupcake businesses, including Imperial’s Morgan Peterson.
    Peterson won $5,000 for her business, ImpERFECT Confections. Ethan Graff of McCook won second place and received $2,500 for his Nebraska Pizza Company, while Kailynn Rodewald, McCook, received a third  and $1,500 for her presentation of Sweet & Sassy Cakes and Cupcakes.
    These winners developed business plans which that outlined how and why they chose their idea, a cost analysis including assets and expenditures, projected costs and revenue, examples of marketing and plans for what any money would be used for.
    Application forms are available at the MCC Business and Community Education Office, room 210, McMillen Hall, 1205 E. Third.

 

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