12/4/2020 | 12:00PM - 5:00PM
TS Bank plans to host REV, a virtual business pitch competition, in partnership with Advance Southwest Iowa and several other local companies on Friday, December 4, 2020. Entrepreneurs and business owners 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 three competitions (2015, 2016, 2017) the bank awarded over $75,000 to winners. At the last event in 2017, winners included Appsky Labs, a human-centered creative agency that specializes in software, design and consulting, awarded $10,000, Flyover Design Co., creators of custom wedding paper goods awarded $7,000 and HomeDitty, specializing in making house concerts easy and hassle free, who was awarded $5,000.
TS Bank has decided to bring the competition back this year by partnering with Advance Southwest Iowa and offering entrepreneurs and business owners the chance to win up to $10,000 to ‘ignite their business.’ From the pool of applicants, TS Bank and Advance Southwest Iowa will select up to five businesses for the virtual pitches where applicants will be judged on many aspects of their business.
TS Bank contributed $5,000 and Advance Southwest Iowa contributed $1,250 to the REV prize money. Additional funds were raised via sponsorships. Gold sponsors include Nebraska Enterprise Fund, Revela, Pozzi Family Foundation, Chapman & Company and POWERTECH along with silver sponsors Council Bluffs Chamber of Commerce, Rachel Dorr Accounting, Centro Latino of Iowa and Mills County, IA Economic Development Corporation.
This year’s event will be held virtually on Friday, December 4th. Additional details will be shared at a later date.
To apply, download the REV application by filling out the form below. The application deadline is Thursday, November 5th, 2020. If you have any questions, please reach out to Dave Wise at TS Bank by calling 712.487.0337 or Niki Ferguson at Advance Southwest Iowa at 402.720.8799.
Applications for REV 2020 are now open! To access the application, fill out the form below to get the fillable PDF.
Thank you to this year's sponsors and donors.
2020 REV Official Rules and Regulations 1. REV is hosted and sponsored by TS Bank, Member FDIC, Equal Housing Lender, 15 E Main St., Treynor IA, 51575 and Advance Southwest Iowa Corporation. REV is open to the legal residents of the United States, who are at least 18 years of age (“Entrant”). 2. No purchase or donation is necessary in order to enter or win. Participation will be determined solely on the submission of REV applications to the TS Bank address designated in paragraph #1 or emailed securely email@example.com. REV applications will be available beginning September 1, 2020 at tsbank.com/rev. In order to be eligible, your application must be received by November 5, 2020. Applications may be sent via email, hand-delivery to TS Bank, or by mail 3. REV will be held on December 4, 2020 (date subject to change) and will be held virtually. Each pitch will last approximately 10 minutes to a panel of four judges. Each participant will have an additional 5 minutes for questions from the judges. The winner will be determined by the panel of judges who have the sole discretion and authority to determine the winner. The winner will be awarded a cash prize of up to $10,000, or a prize of comparable value. 4. The event is subject to all federal, state, and local laws and regulations and is void where prohibited by law. Any and all federal, state, and local taxes and fees on prizes, including, but not limited to, cash prizes, are the sole responsibility of the winner. Appropriate tax forms must be completed in full by the winner prior to receipt of prize. 5. Chances of winning depend on the total number of qualified entries. 6. In order to participate, Entrants must sign the REV Competition Entrance Agreement. 7. Employees, officers, and directors, and any immediate family members, of TS Bank and its affiliates, are not eligible to participate. 8. All decisions and interpretations of rules, regulations, and final determination of winners shall be made by TS Bank.