Monday, August 1, 2011

One Lucky Entrepreneur to Receive $10,000 Grant!

Starting a Business along SC's Grand Strand? Need a financial boost to make it happen? Have you done your homework. Have a well-thought-out written business and marketing plan? You may qualify to win this one-time start-up grant.

The grant is being funded by a generous reader of The Sun News and being handled by the Grand Strand chapter of SCORE. The grant of $10,000 is open to entrepreneurs seeking to start small businesses. A reader of the Sun News asked them to find someone who wouldn't squander a $10,000 gift. She thought it was a good idea after a relative asked her for money. She wanted to help someone who didn't have relatives who could provide that kind of monetary assistance.

She's serious about helping an individual strike out on their own in a fragile economy that is only now producing enough jobs to reduce the high unemployment rate. She also wants to inspire others to follow their dreams, and encourage those in positions to do so to also provide hands up to those who could benefit. The Sun News and Coastal Carolina National Bank have agreed to partner with SCORE to select the recipient; company and that it can become an annual event with the support of more sponsors.

But for those looking to go into business for themselves, here's what you need to know:
• The grant is limited to businesses in Horry and Georgetown counties.
• Grant applications will be judged by SCORE professionals and a panel of select local business leaders. It must be submitted by Sept. 1, 2011.
• Need a Business Plan that should include:
-- A marketing plan
-- A three-year financial plan
-- Describe the business and detail how the grant money would be used.
• The business must be scheduled to open by Jan. 1, 2012.
SCORE will be offering a number of courses around the Grand Strand focused on "How to Really Start a Business."They will be offered through the Conway Library, Georgetown County Library System, and a few others to be announced.

Visit or to download the application. They can be dropped off at The Sun News or mailed to SCORE Chapter 381, P.O. Box 2468, Myrtle Beach, SC 29578. Applications can also be obtained directly from the SCORE office. Call 843-918-1079.

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