Vermont Tech announces business plan competition winners
Six of Vermont’s burgeoning business stars have won a total of $19,000 in prizes in Vermont Tech’s 2012 Food and Farm Business Plan Competition. The competition for food- and farm-related businesses encourages new business development. Open to residents and students in Washington, Orange, and Windsor Counties, the prizes were awarded on Friday, following presentations to a panel of judges.
“At every stage of the competition, we were truly impressed with the individuals and businesses who came to us with ideas and business plans that show the broad range of creative thinking here in Vermont,” said Steve Paddock, Director of the Vermont Tech Enterprise Center, a business incubator designed to support growth companies. “The finalists stood out, but the competition was steep.”
The winners include:
Douglass Calderwood: $3,000
Calderwood, a senior at Vermont Tech, created a plan for a goat dairy in Craftsbury.
New Business Category:
First place, $5,000
Raven Hill Farm Natural Meat, Braintree
Second place, $2,500
Vermont Whey Fed Pig Company, Waitsfield
Existing Business Category:
First place. $5,000
Freedom Foods, Randolph
Second place, $2,500
Green Mountain Flour, Windsor
Third place. $1,000
Rhapsody Natural Foods, Cabot
Yummy Yammy, Norwich
Tulsi Tea Room, Montpelier
The competition was open to farm and food individuals and businesses engaged in food production, processing, distribution, packaging, or retailing including restaurants. Also eligible were those in the agriculture enterprises of wood products, equine-related businesses, and fiber production. The Vermont Small Business Development Center offered Application Workshops in April to help those interested create high-quality applications.
October 15, 2012 — About Vermont Technical College – Vermont Technical College is the only public institution of higher learning in Vermont whose mission is applied education. One of the five Vermont State Colleges, Vermont Tech serves students from throughout Vermont, New England, and beyond at its two residential campuses in Williston and Randolph Center, regional campuses in Brattleboro and Bennington and at six nursing sites located throughout the state. Our academic programs encompass a wide range of engineering technology, agricultural, health, and business fields that are vital to producing the knowledge workers need most by employers in the state and in the region. www.vtc.edu.