2023 EXISTING BUSINESS GRANT AWARDS

Copper + Fringe Beauty Co - Warren County Existing Business 1st Place Grant Award 2023
Petes Pizza - Warren County Small Business Grant Award 2nd Place 2023
Magnolia Connection - Warren County Small Business Grant 3rd Place 2023

2023 START-UP BUSINESS GRANT AWARDS

Staging Sisters - Warren County Small Business Grant Start-Up 1st Place 2023
Pipsys Wee Care - Warren County Small Business Grant Start-up 3rd Place 2023

THE NEXT WCEDC GRANT CONTEST APPLICATION OPENS AUGUST 2024

WCEDC organizes this annual Small Business Grant Contest as part of our commitment to helping small businesses
grow in Warren County. Grants totaling $19K will be awarded to the top three businesses in two categories
- Existing Business and Start-Up Business.

2023 CONTEST APPLICATIONS ARE CLOSED

CONTEST TIMELINE

  • Aug. 31, 2023 - Deadline to Enter - Entries will be accepted through midnight

  • Sept. 12, 2023 - Notification of Top Three Finalists in each grant category

  • Oct. 3, 2023 - Finalist Presentation and Judging to determine 1st, 2nd, 3rd place in each category

EXISTING BUSINESS CRITERIA

  • Less than 10 full-time employees

  • Must have at least 2 full-time employees (can include the owner(s), 2 part-time employees can equal 1 full-time equivalent)

  • A physical commercial location is not required to apply, but businesses that do have an existing commercial location will be scored higher. You will need to explain how you plan to have a physical location within the next twelve months in order to capture points in this category

  • Business must be located in Warren County

  • Grant funds may not be used for general on-going operating expenses, to pay off previous debt, or for reimbursement of expenses already incurred.

START UP BUSINESS CRITERIA

  • Future business must be located in Warren County

  • Must plan to open a commercial location within two years

  • Must plan to have at least two full-time employees within three years (can include the owner(s))

  • Grant funds may not be used for general on-going operating expenses, to pay off previous debt, or for reimbursement of expenses already incurred.

RESOURCES

Here are the application questions if you need to plan your answers for the application.

APPLICATION SCORING

  1. Business Description and Mission

  2. Products and Services

  3. Market Potential and Competition

  4. Marketing and Sales

  5. Operations and Management

  6. Financials

  7. How Grant Funds Will Be Used

  8. Overall Economic Impact Potential

GRANT CONTEST & EVENT

Three finalists in each category will be selected based on scoring of entry applications and overall description. Each finalist will have 10 minutes to present in front of a panel of judges at the final grant contest event. The winners in each category will be announced at the end of the event.

A total of $19,000 in all categories will be awarded in 2023! Here’s the breakdown:

EXISTING GRANT AWARDS

  • 1st Place - $6,000

  • 2nd Place - $3,000

  • 3rd Place - $1,500

START-UP GRANT AWARDS

  • 1st Place - $5,000

  • 2nd Place - $2,500

  • 3rd Place - $1,000

PAST GRANT RECIPIENTS