Several young entrepreneurs recently pitched their business plans hoping to secure an $800 micro-grant to fund their business idea.
Four early-stage entrepreneurs, all of African-American origin, presented their community oriented business ideas at a competition hosted by Durham SOUP. Similar to the ABC show Shark Tank and modeled after a Detroit micro-granting community dinner, each competitor presented a four-minute sales pitch to attendees. Those who gave $5 for a salad, soup and bread dinner heard the presentations and then voted for their favorite business idea.
Cities are always looking for ways to encourage those who crave seeing their names on Letterheads.
The competition was won by Jason Johnson for his business concept. H.U.B.B. Johnson proposed an incubator for small business featuring a commercial kitchen and food truck commissary rented by the month, week, or even the hour to culinary entrepreneurs wishing to try out their baking or food concept before making a large investment.
The other competitors were Jessica Featherson, offering a residential and commercial cleaning company hiring those looking for a second chance, Kezja Kate Goodwin’s Kate’s Korner Drop-in Childcare Center supplying childcare outside traditional business hours, and Deborah Watkins, who pitched a laundry bag hung on a door to maximize space in small areas, called Toss ’n Wash.
In addition to the proceeds of the Durham SOUP event, Johnson will also receive three months of co-working space in Durham from ReCity Network.
Durham SOUP has another event for Spring 2020.
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1920 East NC Highway 54
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Durham, NC 27713
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Wed: 9:00 - 5:00
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