January 19, 2023 |
Aspiring entrepreneurs will pitch their business ideas in a Shark Tank-like format tonight at the Parco Sinclair Theater. The finalists of the Impact 307 Carbon County Start-Up Challenge Pitch Night will pitch their business start-up plans to a panel of local judges. Winners will receive seed money to grow their business or product ideas.
The public is invited to attend with audience members able to vote in real time for favorites using their phones.
Impact 307 Assistant Director Monica Patton explained how her organization helps Carbon County residents achieve their business goals.
Pictured above: File phot of the Parco Sinclair Theater. Photo by Cali O’Hare/Bigfoot 99.
From September 6th to October 9th, Impact 307 was accepting applications for participation in the start-up challenge. Patton said the final four participants were narrowed down from a field of nearly 30 applicants.
According to the rules and regulations found on the Impact 307 website, applicants must be residents of Carbon County. The competition is open to individuals or teams of up to five people who are in the early stages of establishing their business. Patton said her organization provides consulting advice for applicants.
Patton said all of the judges haven’t been chosen yet, but Impact 307 Senior Director Derrek Jerred will be among them. The Impact 307 assistant director said the four finalists will have a set amount of time to present their ideas.
The judges may choose one, or all, of the contestants to award the seed money to. Patton said attendees can also vote on their favorite sales pitch.
Four entrepreneurs were chosen to present their business ideas during tonight’s pitch night. The Impact 307 assistant director described one of the finalists.
Encampment River Glamping was also chosen to present their business idea to the Impact 307 judges. Glamping, short for glamorous camping, usually involves more luxurious accommodations than what is found at a typical campground. Patton described the Encampment River Glamping business plan.
The Wandering Chef is another finalist for the Impact 307 investment money. Patton said the business advises restaurants and individuals about food preparation.
The fourth finalist is Brewed Learning. The Impact 307 assistant director described the coffee related business plan.
Patton said the judges will decide which start-ups they award the seed money to. If multiple companies are chosen, the judges are able to split the winnings as they see fit. The Impact 307 assistant director said the winners must comply with any recommendations before they receive the investment capital.
The Impact 307 Carbon County Start-up Challenge pitch night will be held at the Parco Theater in Sinclair from 5-8 p.m. tonight.