Monday, March 23, 2009

Finalists Announced in Business Plan Competition

The eMerging Ventures Center for Innovation has selected the four finalists for its first $15,000 Challenge -- a business plan competition.

Madison Silvert, executive director of the center and EDC executive vice president, said Dalisha's Desserts, a dine-in high-quality dessert company; Fluent Universe, an Internet-based translation business; Agent511, a mobile technology company; and Stay-Dri, a continence solutions firm, will move on to the final round of the competition in April.

The companies are competing for a $15,000 investment award and a six-month lease at the Centre for Business and Research, a 27,000-square-foot laboratory and office facility being developed in a former tobacco warehouse in the 1000 block of Allen Street.

"We were excited by the level and quality of applicants in our first year," Silvert said in a news release. "It was, no doubt, a valuable learning experience for all of those who participated, and we would like for this to become an annual event."

The eMerging Ventures Center for Innovation is a division of the Greater Owensboro Economic Development Corp. It is designed to assist entrepreneurs and start-up companies in the Owensboro area.

The center includes a field office for Western Kentucky University's Central Region Innovation and Commercialization Center, the Owensboro office of Murray State University's Kentucky Small Business Development Center and the Owensboro chapter of the Service Corps of Retired Executives.

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