The Shelby County DevelopSource is looking to invest in entrepreneurs in a new program. The Shelby County DevelopSource has released a program entitled the “Shelby County New Enterprises competition.”  Entrepreneurs with business ideas to implement within the borders of Shelby County could be the winners of up to $30,000.

Shelby County New Enterprises is a program to cultivate local economic development by both inspiring and financially supporting local entrepreneurs. The program is open to all start-up and expansion businesses located in, or are willing to locate to, Shelby County. The funds from the program can go towards studies or research, equipment, property or marketing for the winning business.

Shelby County DevelopSource Board Chairman, Rick Burchett says, “Encouraging and supporting entrepreneurship is a key to maintaining business momentum in our business county.” You can access an application form by logging on to www.developsource.com or by contacting M.J. Broomfield at 712-755-3569. The deadline to submit an application to the Shelby County New Enterprises is Friday, October 28^th.

A panel of judges will select the finalists and all finalists have the opportunity to present their business plan on Friday, November 18^th.