BALTIMORE COUNTY —It just became more feasible to start a business in Baltimore County thanks to the Community College of Baltimore County’s Business Plan Competition.
The Community College of Baltimore County’s (CCBC) Center for Business Innovation is holding this competition for the second time this year as a way to help local businesses and entrepreneurs who have been effected by the Coronavirus pandemic.
CCBC is now accepting entries for this competition and will be offering a top prize of $20K for a budding entrepreneur. A total of $62,500 in start up money will be awarded among the top six finalists.
The competition is open to current or former students who have completed at least 15 credits at CCBC within the last five years, or who are alumni of a CCBC credit or non-credit degree/program or certificate program.
Each participant will have access to invitation-only workshops to help them develop critical elements of a viable business plan, including guidance in strategy, marketing and finance. Registration is open now at ccbcmd.edu/innovation. The deadline to register is Oct. 11.
“With so many small businesses and startups struggling due to the economic shutdown amid the coronavirus pandemic, we are really excited to host our Business Plan Competition again this year,” said Dennis Sullivan, executive director of the Center for Business Innovation.
“We are so proud to be able to help local aspiring entrepreneurs along their journey to success and sustainability.”
The Business Plan Competition first-place winner will receive $20K and a range of valuable start-up resources. CCBC’s top Business students will provide support in marketing, sales, website development, accounting and human resources to help the new entrepreneurs launch their businesses. Local business owners will serve as mentors.
The Center for Business Innovation has helped launch nearly 30 new businesses over the last seven years, due in great part to community support and generous sponsorships. This year’s Business Plan Competition sponsors are: Philip E. and Carol R. Ratcliffe Foundation Inc., CCBC Business Club, CCBC Alumni Association, CCBC Foundation Inc., Greater Catonsville Chamber of Commerce, Fully Promoted Arbutus and Chick-fil-A®.
The winner of CCBC’s 7th Annual Business Plan Competition, which took place on February 1 of this year, were Nichelle Roane and Todd Sheridan of Treehouse Juicery.
Their business produces and delivers cold-pressed juices to residential and commercial customers