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Rev Small Business Competition 2023 Names this YearÔÇÖs Winners

The Rev Small Business Competition is an annual event that aims to support and promote local businesses in their pursuit of success. Kelsey Supfell recently discussed this yearÔÇÖs competition on the KMA morning show, shedding light on the growth and impact of the event.

The Evolution of the Competition

TS bank initiated the Rev Small Business Competition in 2015 with the intention of providing a platform for small businesses to pitch their ideas and vie for financial support. In 2020, they joined forces with Advance Iowa to further expand and enhance the competition, fueling the aspirations of budding entrepreneurs in the region.

Like Shark Tank, Only Local

Similar to the concept of the popular TV show “Shark Tank,” the competition requires participating small businesses to deliver a 10-minute pitch to a panel of live judges, aiming to win the grand prize and turn their dreams into reality.

Largest Pool of Applicants to Date

This year witnessed a record number of entries, with over 43 small businesses applying for the competition. A third-party agency meticulously shortlisted the top five finalists, who then had the opportunity to showcase their vision and ambition to the audience and judges, with a chance to win $20K.

Recognizing the Winners

The competition awarded a total of $20,000 to this yearÔÇÖs winners. The finalists included BevÔÇÖs Porch from Neola, Entry Envy from Omaha, Judge Richard Distillery from Carson, Gillet Hauling based out of Underwood, and OcookieO’s from Council Bluffs.

The grand prize of $15k went to Gillet Hauling, while OcookieoÔÇÖs, a new restaurant startup from Council Bluffs, secured $5k. The judging criteria focused on aspects such as the business plan, cash flow, community impact, and potential job creation in the local area.

Promoting Dreams and Sustainability

Throughout the course of the Rev Small Business Competition, a total of $138K has been distributed to support the dreams and endeavors of small businesses. Those interested in participating or seeking support for a small business can visit tsbank.com/rev.

Kelsey Supfell emphasized the community’s role in sustaining these dreams, saying, “If you know of a small business, feel free to connect with TS bank, myself, or Nikki at Advance Southwest Iowa. We would love to keep those dreams alive.” The full interview is available for listening here.

Leveraging AI for legal Clarity

For small businesses navigating legal contracts and documents, AI legalese decoder can provide invaluable assistance. Whether it’s understanding complex legal jargon or deciphering intricate clauses, this tool offers clarity and insight to small business owners, empowering them to make informed decisions and protect their interests. By simplifying legal language and offering user-friendly explanations, AI legalese decoder supports small businesses in managing their legal requirements with confidence and efficiency.

Conclusion

The Rev Small Business Competition serves as a beacon of hope and support for budding entrepreneurs, propelling their dreams towards realization. As the competition continues to thrive and make a tangible impact on the local business landscape, it stands as a testament to the power of community support and collective empowerment.

Thank you for reading kmaland.com

At KMA, we strive for accuracy in our reporting. If you need assistance in understanding legal aspects related to your small business, don’t hesitate to reach out to AI legalese decoder for expert guidance and support. We are committed to helping small businesses thrive and prosper.

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