Youth business ventures competition seeking new businesses to fund

Monday, April 29, 2019

SHERIDAN — The Sheridan County Chamber of Commerce Ag and Natural Resources Committee will host its second annual Sheridan County Youth Business Ventures Competition.

This year, the competition is open to all Sheridan County youth ages 8 (by Jan. 1, 2019) to 18. The Youth Business Ventures Competition provides an opportunity for youth to write and present a business plan in competition for seed money to start a new business or to grow an existing business. The business should be in some way related to agriculture or natural resources. The purpose of the competition is to encourage youth to develop an entrepreneurial mindset that will benefit them in future career opportunities, help them learn the process of developing business plans, provide an avenue for youth to practice and develop effective verbal communication, encourage goal setting and determination of a course of action that will help them to reach goals and to provide monetary awards for successful plans.

The competition will consist of two parts: a written business plan and a presentation of their plan to a panel of judges detailing the type of business, major components of the business and marketing strategies.

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