2008 Business Plan Competition

The Pottsville Area Development Corporation (PADCO) is sponsoring the Forth Business Plan Competition to attract new business to Pottsville. Having a viable business plan as well as start-up resources can mean the difference in your business’ success. With this fact in mind, PADCO has created a Business Plan Competition designed to attract more business owners to an expanding list of companies who have chosen to call Pottsville their home.

• Kick-off for the competition held on April 1, 2008
• Announcement of competition winner will be on August 14, 2008

All viable business concepts will be accepted as part of this competition including retail, food service, professional, etc. There will be three phases as follows:

• Phase I: Preliminary questionnaire – due by May 9, 2008
• Phase II: Completed business plan for Phase II participants due by July 11, 2008
• Phase III: Personal presentation for final candidates by August 8, 2008

The philosophy behind this competition is to attract and retain new businesses to Pottsville. The winner of the competition will be provided with a comprehensive prize package that has been developed to provide immediate and long-term benefits to the business owner and the community. Prizes are awarded to the First, Second and Third place winners: The prize package is valued at $20,000 and will include:

• $10,000 0% Loan from the Pottsville Area Development Corporation
• Reduced rent at select locations in Pottsville
• Complementary services/products from area businesses designed to enhance the winner’s concepts and prospects for success

To receive an application for the Competition, contact PADCO at 570-628-4647.