Business Pitch Competition applications being accepted

By By Lance Traweek / American Press

Budding entrepreneurs will once again

have an opportunity make their business ideas a reality as applications

for the second

Business Pitch Competition are being accepted. Winners, who will

get $1,000 in startup money and six months’ free rent in

the business incubator, will be selected from four categories:

high school, technology, university and general business. Business

pitches will be judged by a local panel of business leaders and

entrepreneurs.

“The region has had successful

entrepreneurs for many years,” said Adrian Wallace, the business

incubator’s executive director.

“There are a lot of people in the five-parish area who are already

entrepreneurs or have the entrepreneur itch and are trying

to figure out how to get an idea going. Everyone references the

phenomenal expansion headed our way and makes the ground even

that much more fertile for entrepreneurs.”

Last year’s competition had 30 applicants, and 14 are now in the incubator, which has the capacity to hold 16 more. Even if

you don’t win the competition, you’re eligible to move into the incubator.

“We emphasize that it’s a business pitch and not a business plan,” Wallace said. “A business plan makes people a little leery.

A business pitch isn’t a 500-page document.”

Wallace said the competition is not for a “fully established business,” but for people with a strong idea of what they want

to create but don’t necessarily have the resources.

Deadline for pitches is Monday, March

17, and they’re being accepted online. Finalists will be chosen Tuesday,

March 25. The

competition is a collaboration between the Southwest Louisiana

Economic Development Alliance and the Angels of Southwest Louisiana.

For more information, call Wallace at 433-0977 or visit www.seedcenterswla.com.