Jackson, MN: Business Concept due for Business Challenge

Jackson Business Challenge

Jackson Business Development Committee in conjunction with The City of Jackson, Jackson Area Chamber of Commerce, JEDC and Economic Development Office is offering an incentive package worth up to $20,000 for a winning business that will open in downtown Jackson by September 1, 2023.

 

Overview:

The Jackson Business Challenge is an entrepreneurial start-up competition for Jackson’s current business district. Business concepts eligible for the competition are (1) new businesses; (2) a second or third satellite business from an existing location in another town; or (3) a significant expansion of current business that includes an additional business concept.

Goals:

  • To initiate innovative recruitment of businesses that will enhance the business mix in downtown Jackson
  • Provide entrepreneurial businesses a head-start during the first year of business operation .
  • To strengthen the economy and the downtown environment of Jackson by attracting unique and specialty businesses.
  • To transform empty business spaces into more attractive and beneficial locations
  • To build a “buzz” and promote Jackson as a great place to start a business
  • To display the community’s commitment to downtown Jackson; to take ownership in and demonstrate pride in downtown Jackson.

Timeline

  •  Phase 1 – Business Concept Due: December 30, 2022 (Fri)
    • Announcement of those advancing to Phase 2: January 6, 2023 (Fri)
  • Phase 2 – Business Plans Drafts Due: January 27, 2023 (Fri)
    • Business Plans Due: February 3, 2023 (Fri)
    • Announcement of those advancing to Phase 3: February 17, 2023 (Fri)
  • Phase 3 – Final Proposal Presentations: Personal Interview will be scheduled the week of February 20, 2023 – March 03, 2023
    • Announcement of the Grand Prize Winner: March 6, 2023 (Mon)
  • Business Must be Open: September 1, 2023 (Fri)

 

Dates are subject to change

How to apply/question:

All applications to be submitted via mail or e-mail to:

Jackson Area Chamber Of Commerce
℅: Jackson Business Challenge
114 3rd St. Jackson, MN 56143
Email: Chamber@jacksonmn.com

Jackson Economic Development Office
℅:Jackson Business Challenge
82 West Ashley St, Jackson, MN 56143
Email: dave.schmidt@cedausa.com
*Contestant required to verify receipt of entry

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Date

Dec 30 2022

Time

All Day