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Dayton entrepreneurs get 3-minute pitch for $10k in help

Published: Thursday, October 05, 2017 @ 2:15 PM
By: Cornelius Frolik - Staff Writer

Dayton entrepreneurs with aspirations of growing their business have a shot of getting $10,000 worth of assistance if they can make a convincing pitch in three minutes or less.

The city’s Accelerate Dayton program is still seeking applications from business owners from each one of the city’s four quadrants who want free professional consulting services intended to help expand their operations or develop a business concept.

“Four different businesses, and neighborhood-based entrepreneurs, will be awarded the $10,000 in third-party consulting services that is being administered through our agreement with The Entrepreneurs Center,” said Ford Weber, Dayton’s director of economic development.

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The city wants to award $10,000 in business technical services to four entrepreneurs from the northeast, northwest, southeast and southwest parts of Dayton. The consulting services will be through The Entrepreneurs Center.

Applications are due 3 p.m. Nov. 13 at City Hall. Citizens can apply online here.

The program will help existing neighborhood businesses identify and overcome barriers by developing an action plan that supports job creation and increased sales and revenue, officials said.

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Eligible participants include home-based and small businesses located in the city and operated by Dayton residents.

Downtown businesses are not permitted to participate, and neither are adult-oriented businesses.

Applications will be evaluated by a review panel that will select as many as eight finalists to attend a “pitch” session where they will be able to share more about their business plans. They will get three minutes to win over panelists.

Applications will be scored based on the quality of the business model and potential benefits to the community, officials said.