GNDC, SBDC Announce Winners Of Third Minnow Tank Business Plan Competition
Last week, Great Northern Development Corporation and the Small Business Development Center held the third Minnow Tank Business Plan Competition.
This event, which aimed to foster economic growth in northeastern Montana, attracted entrepreneurs and existing businesses from the region.
After careful consideration and evaluation, the judges and live audience selected the Wolf Point Mercantile (Roosevelt County) as the startup category winner and the Highway 2 Inn (Valley County) as the existing business category winner.
Each winer received a $5,000 cash award to help implement their business plans of starting or growing and further contribute to the economic development of their communities.
The competition, which unfolded across seven counties including Valley, Garfield, McCone, Richland, Roosevelt, Sheridan and Daniels, showcased northeast Montana’s entrepreneurial spirit and innovative ideas. On May 3, the finalists presented their business plans to a live audience and a panel of judges at the Great Northern Development Corporation conference room in Wolf Point.
“We are incredibly proud of all the participants and finalists of this year’s Minnow Tank competition,” said Quincy Walter, SBDC director. “The dedication and creativity demonstrated by each entrepreneur are truly inspiring. We believe that these businesses have the potential to make a significant impact on our local and regional economy.”
The success of the Minnow Tank Business Plan Competition would not have been possible without the generous support of our sponsors, including the Montana Department of Commerce, Ag Partners LLC, Beagle Properties, Cottonwood Inn, Daniels County Chamber of Commerce & Ag, Farmers Union Oil Co., Fox Ford, KLTZ/Mix 93 Radio, Nemont, PRO Coop, Grassland Federal Credit Union, Opportunity Bank and Richland Federal Credit Union, who contributed to the award prizes for each of the winners.
For more information about the Minnow Tank Business Plan Competition and other initiatives by GNDC and SBDC, visit https://gndc. org/minnow-tank/.
About Great Northern Development Corporation Great Northern Development Corporation is a Certified Regional Development Corporation serving a six-county region of northeast Montana. Certified by the United States Economic Development Administration and the State of Montana, GNDC is committed to fostering entrepreneurship and supporting businesses in the region.