DIXON – Six small businesses will enter the live “elevator pitch” event next week, and three will leave as winners in the first Dixon Business Competition.
The six finalists for the competition were announced Monday in a news release from Josh Albrecht, Dixon Main Street executive director, who said the competition is a way to get residents thinking about entrepreneurial opportunities.
“The finalists each had great business plans when our panel of local judges reviewed them last week,” he said. “We are excited to see what their final pitches have in store for us.”
Three of the finalists have already opened in Dixon or plan to open in July, including Effervesce Vapors, 319 Bistro, and Roxie’s Boutique.
Businesses that have been open for less than a year were eligible to enter the competition, Albrecht said.
The other three finalists are Genesis Hey Productions, Choffee House, and Impact Shave.
The six finalists will each make a 2-minute presentation during a public event at 7 p.m. June 25 at Loveland Community House. First-, second- and third-place winners will be chosen and announced.
The winners will split $10,000 in cash prizes and free commercial rent, Albrecht said.
The competition included business seminars in May, which drew 25 local entrepreneurs. The sessions were led by Lee Crocket of Venture Advisors, who administered the competition.
After the seminars, seven entrepreneurs submitted summary business plans to be evaluated by a panel of judges, which then named a final six.
The six finalists include a hybrid coffee house and confectionery, a thrift store, a video production company, and a vapor cigarette store.
Meet the finalists
• Genesis Hey Productions: Video production company to help local businesses with commercials or YouTube videos
• Choffee House: Hybrid coffee house and confectionery
• Impact Shave: Business looking to focus on manufacturing and sales of specialty shaving bars and lotions
• Effervesce Vapors: New vapor cigarette store at 112 S. Peoria Ave.
• 319 Bistro: French-countryside themed bistro set to open downtown by the Fourth of July
• Roxie’s Boutique: Thrift store that sells new, used and vintage items, located at 302 W. First St.
Go to www.dixonbusinesscompetition.com for more information about the competition.