REV applications open for local small business pitch competition
Treynor, Iowa, July 1, 2021 - TS Bank has partnered with Advance Southwest Iowa Corporation and several other local companies to host REV, a small business pitch competition on Tuesday, October 19, 2021. Entrepreneurs and business owners will have the opportunity to pitch to a panel of judges to win up to $10,000 to grow their business.
TS Bank originally started REV in 2015 in an effort to spur economic growth and encourage business owners to continue pursuing their dreams. During the first four competitions (2015-2017, 2020) the bank awarded over $85,000 to the winners.
At last year’s virtual event in 2020, top winners included Full Fledged Brewing Company with the grand prize of $5,000 to expand canning into other retail spaces and grocery stores, Tandem Works was awarded $2,500 to build an on-demand, online course for business owners to help them identify their brand messaging; P@YD Omaha used their $1,250 funds for front end web development and app development and Farmhouse & Flowers of Atlantic, Iowa, used their $1,250 funds to continue renovations on their existing retail space and create a custom branded experience.
From the 2021 pool of applicants, TS Bank and Advance Southwest Iowa will select up to five businesses where applicants will be judged on aspects of their business.
“We invite businesses to pitch their current or future business concept for a chance to win actual money. Our sole mission is to create community prosperity in all the communities we serve,” said TS Bank Senior Vice President of Business Banking, Dave Wise.
TS Bank contributed $5,000 and Advance Southwest Iowa contributed $2,500 to this year’s REV prize money. Additional funds were raised via sponsorships. Major sponsors include Nebraska Enterprise Fund, Revela, and POWERTECH along with additional sponsors, Pozzi Family Foundation, Council Bluffs Chamber of Commerce, Castle and Associates, Inc., Rachel Dorr Accounting, Mills County, IA Economic Development Corporation, Modern Matriarch Distillery and Proven Ventures.
“We have absolutely loved partnering with TS Bank to host REV in southwest Iowa. The prizes awarded through REV can act as a catalyst for growth, but we realized last year that the impact of the pitch competition goes far beyond the money, the connections made can actually be more significant,” said Advance Southwest Iowa Corporation Entrepreneurial Development Manager, Niki Ferguson.
This year’s event will be held on Tuesday, October 19, 2021 at the Hoff Family Arts & Culture Center. Additional details will be shared at a later date.
To apply, visit https://www.tsbank.com/rev and download the REV application. The application deadline is September 10, 2021. If you have any questions, please reach out to Kelsey Stupfell at TS Bank by calling 712.487.0334 or Niki Ferguson at Advance Southwest Iowa at 402.720.8799.
About TS Bank: TS Bank’s mission is to Ignite Prosperity® in the communities it serves. Leading the resurgence of community banking, TS Bank reinvests 10 percent of their net income locally; hosting educational events and partners with local organizations and non-profits. TS Bank was chartered in 1923 and has $365 million in assets, along with the largest Iowa state-chartered C-Corp trust department west of Des Moines at nearly $218 million in assets named TS Prosperity Group. Locations include Treynor, Macedonia, Atlantic, Corning, Council Bluffs and Ames, Iowa. For more information visit tsbank.com.
About Advance Southwest Iowa: Advance Southwest Iowa Corporation is the economic development organization for Council Bluffs and all communities in Pottawattamie County. Advance is a one-stop shop for economic development with a focus on business attraction, retention, entrepreneurship and site development. The Advance staff are proud to work alongside our many community partners to enhance the image and increase the tax base to make Pottawattamie County a prosperous and desirable community to live and do business. For more information visit advancesouthwestiowa.com.