Jackson Business Challenge 2024
JBDC Announces the Sixth Year of the Jackson Business Challenge.
Jackson offers Prize Package worth almost $20,000 to would-be entrepreneurs
Jackson, Minnesota- The Jackson Business Development Committee (JBDC) will accept applications for the 2024 Jackson Business Challenge until September 30, 2024. The six-year-old program is designed to attract new businesses to downtown Jackson by offering a prize package worth nearly $20,000.
“Jackson’s small businesses play a large role in the vibrancy of our community,” notes Jackson Mayor Marcus Polz. “ It is that time of year where once again we look to highlight our commitment to Jackson and help turn someone's dream into a reality with the Jackson Business Challenge. Best wishes to all participants as we continue to grow Jackson.” The 2024 Jackson Business Challenge will follow the same guidelines as the previous programs. The program aims to attract entrepreneurs to the Jackson community. The contest will consist of three rounds, with the first round deadline being January 31 st , 2024.
The rounds will consist of the following:
Round 1 – Business Concept
Round 2 – Detailed Business Plan
Round 3 - Oral Presentation
Kim Henning, the 2023 winner expresses appreciation for the program, “I am so grateful to the JBDC for helping me get The Wild Flower up and running. It's a dream come true. I could not have done it without the support from them and the community!”
The prize package valued at nearly $20,000 will consist of grant funds, rental assistance, marketing, accountancy assistance, legal assistance, internet service, and more. The program is being sponsored by many local organizations that are committed to helping the community grow and thrive. The Jackson Business Challenge will look at the viability of applicants’ business plans as well as how they will enhance downtown. Entrepreneurs, as well as current business owners in and out of Jackson, are encouraged to apply to the program.
Seven businesses have opened in Jackson in part because of the Jackson Business Challenge. Last year’s winner, The Wild Flower, opened in early November in Downtown Jackson.
Complete details and the application are available at www.cityofjacksonmn.com/jbc
About The Jackson Business Development Committee (JBDC) JBDC is a group of people representing retail and service businesses in Jackson. The purpose of the JBDC is to facilitate the development and retention of local service and retail businesses.
The JBDC conducts visits with each local retail and service business owner/manager every 2 to 3 years. Building a Better Community