Pitch competition gives local entrepreneurs starting platform

3 months 2 days 21 hours ago Saturday, October 21 2017 Oct 21, 2017 Saturday, October 21, 2017 3:42:00 PM CDT October 21, 2017 in News
By: Matt Schmittdiel, KOMU 8 Reporters
loading

JEFFERSON CITY- Local entrepreneurs walked away with some cash Saturday after an annual pitch off competition.

The sixth annual “Pitch It & Win It” competition puts competitors up against each to pitch best new idea for a business. The eleven entrepreneurs had ten minutes to pitch their idea and ten minutes to answer questions from the panel of judges.

The event was first started after a group of small-business owners wanted a way to help entrepreneurs getting started in Jefferson City. Members of the committee call the contest a mini ‘Shark Tank’ and hope they can provide an opportunity that will help the competitors beyond just the contest’s awards.

“It is much more pass the cash, or the awards that are going to be presented today," Existing Business Manger for Jefferson City Chamber Commerce Shaun Sappenfield said. "Again, it goes back to identifying who these people are and providing them the professional resources they need, the business counseling, to get their business off the ground, or to tweak their business to make it work.” 

This year the first place winner won $2500, second place $1500 and third place was a tie. The contestants each received $500.

“When you are able to come and see other people and what they are creating and doing, and then to know on the flip-side of it there is money out there for small business, to get started and reinvest back into the company: I think that’s awesome,” first time competitor Angela Whitman said.

Another competitor, Tamisha Eldrigde, said it is a great opportunity to network and meet other business owenrs.

“I think the best thing I will take from here today is being able to identify an event such as this, go out there, meet people, and learn from them, and being part of the community that you actually live in.

Small Business Committee member Donna Deetz said that any amount of the cash prizes can definitely help.

“The amounts aren’t that large, but that $1000 can make a difference if I go and buy my business cards, or I want to start a brochure, or I just want to pay my next fee to get into the next business booth,” Deetz said. “Just enough to get their feet wet, or to get them over one those humps they need to get pasted.”

Sappenfield said around 80 percent of companies in the chamber of commerce are small businesses and this is one way the chamber of commerce is trying to grow smaller business in and around Jefferson City.

More News

Grid
List
COLUMBIA - MoDOT is planning to improve almost six miles of sidewalks along Providence from Vandiver Drive to Route K... More >>
22 minutes ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 7:22:00 PM CST January 23, 2018 in News
COLUMBIA- Columbia Police Department's K9s received stab and bullet protective vest thanks to a charitable donation. K9's Kane, Raf,... More >>
52 minutes ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 6:52:00 PM CST January 23, 2018 in News
HOLTS SUMMIT - The City Administrator of Holts Summit, Rick Hess, has an unusual approach. Instead of waiting for city... More >>
1 hour ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 6:44:00 PM CST January 23, 2018 in News
JEFFERSON CITY - Ambulance providers in Missouri are in the process of making tough financial decisions after they were hit... More >>
1 hour ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 6:36:00 PM CST January 23, 2018 in News
COLUMBIA – An arraignment was held on Tuesday afternoon for Matthew McMillian, who was involved in the events that led... More >>
1 hour ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 5:54:00 PM CST January 23, 2018 in News
JEFFERSON CITY- Missouri Auditor Nicole Galloway launched an audit of the government of Camden County Tuesday. She said it... More >>
2 hours ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 5:42:00 PM CST January 23, 2018 in News
COLUMBIA - Want to own a home? A new partnership looks to make that a possibility. The City of... More >>
3 hours ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 3:59:00 PM CST January 23, 2018 in News
JEFFERSON CITY - Several mid-Missouri lawmakers are against Governor Eric Greitens’ proposed higher education cuts. The governor outlined his... More >>
4 hours ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 3:35:00 PM CST January 23, 2018 in News
JEFFERSON CITY – The Missouri Supreme Court reviewed an appeal on Tuesday morning from an anonymous woman who believes the... More >>
4 hours ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 3:27:00 PM CST January 23, 2018 in News
MORGAN COUNTY - Prosecutors charged a man with numerous child sex crimes on Monday, including incest, statutory rape, and statutory... More >>
4 hours ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 3:14:46 PM CST January 23, 2018 in News
COLUMBIA - Tuesday was National Reading Day, and First Chance For Children was in for a surprise just before story... More >>
5 hours ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 2:12:00 PM CST January 23, 2018 in News
COLUMBIA - Two vehicles collided at the intersection of Broadway and Brickton Road Tuesday afternoon. Officer Joe Jackson with... More >>
5 hours ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 1:49:00 PM CST January 23, 2018 in News
JEFFERSON CITY- A Kirksville man was sentenced Monday for stealing more than $380,502 from MU fraternity Sigma Alpha Epsilon. ... More >>
8 hours ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 11:15:00 AM CST January 23, 2018 in News
COLUMBIA - Congresswoman Vicki Hartzler talked about tax reform and the government shutdown Tuesday as she spoke to the Rotary... More >>
8 hours ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 11:11:00 AM CST January 23, 2018 in News
TROY (AP) — A former eastern Missouri police officer has been sentenced to five years in prison for statutory rape.... More >>
11 hours ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 8:35:00 AM CST January 23, 2018 in News
COLUMBIA - According to the National Center for Victims of Crime, people with disabilities are three times more likely to... More >>
17 hours ago Tuesday, January 23 2018 Jan 23, 2018 Tuesday, January 23, 2018 2:06:00 AM CST January 23, 2018 in News
JEFFERSON CITY — Missouri Republican Gov. Eric Greitens made his first public appearance in nearly two weeks since acknowledging an... More >>
1 day ago Monday, January 22 2018 Jan 22, 2018 Monday, January 22, 2018 6:20:00 PM CST January 22, 2018 in News
WASHINGTON - It took three days, but Congress has passed a spending bill to end the government shutdown. If... More >>
1 day ago Monday, January 22 2018 Jan 22, 2018 Monday, January 22, 2018 5:50:00 PM CST January 22, 2018 in News
Columbia, MO
Broken Clouds 32°
8pm 32°
9pm 31°
10pm 30°
11pm 29°

Select a station to view its upcoming schedule:

Coming Up Next

7:00p
Ellen's Game of Games
8:00p
This Is Us
9:01p
Chicago Med
7:00p
The Flash
8:00p
Black Lightning
9:00p
KOMU 8 News @ Nine on The CW

Tonight's Schedule

7:00p
Ellen's Game of Games
8:00p
This Is Us
9:01p
Chicago Med
7:00p
The Flash
8:00p
Black Lightning
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld