Century Biz Challenge Moves Foward With Workshop, Site Tour

March 18, 2015

A small group of potential applicants in the $25,000 Century Business Challenge had the opportunity Tuesday evening to learn more about the process and tour the potential home for their new business.

A husband and wife set to submit their business idea took advantage of a chance to visit the Century Business Center to see the spaces available in the former Pond Street school.

Prizes for the winner of the Century Business Challenge include space at the Century Business Center at a lease rate of $1 per year, with the possibility of an extension of that rate for two more years based on the company’s performance. They will also receive $25,000 in operating funds from the Studer Institute.  And the Century Town Council has recently approved offering the same $1 per year lease rate at the Century Business Center for the second place finisher.

Three potential applicants attended an open “Is Your Business Concept Feasible” workshop following the Century Business Center tour. The final application deadline is March 31.

After applications are submitted, there will be closed door workshops for participants before a business plan and personal financial statements are due at the end of May.

The Century Business Challenge is part of an economic development partnership of the Haas Center, the Town of Century and the Studer Institute. Applications and more information about the business challenge can be found at www.CenturyBusinessChallenge.com.

For more photos of the Century Business Center, click here.

Pictured top and below: Century Business Challenge winners can chose space in the Century Business Center for $1 per year. Pictured inset: Potential applicant Holly Driver listens Tuesday evening during a workshop presentation. NorthEscambia.com photos, click to enlarge.

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Written by William Reynolds · Filed Under News