Sacramento’s Power Inn Alliance is now taking applications for its second “Making Your Mark” contest, welcoming entries from micro-manufacturers who want to open up shop within the business district’s borders.
The nonprofit alliance is made up of businesses surrounded by Folsom Boulevard to the north, Elder Creek Road to the south, South Watt Avenue to the east and just west of Power Inn Road.
Organizers said this year's MYM winner will receive a startup prize package worth more than $50,000, including assistance with legal services, accounting, marketing, advertising, business planning, telecommunications, banking, graphic design, finances and real estate.
Applications can be done online at www.makingyourmarksac.com. Officials said applications will be accepted until 5 p.m. June 29 at the Power Inn Alliance office at 7801 Folsom Blvd. in Sacramento.
Finalists will be announced on Aug. 1. Finalists will then begin two months of coaching and development before a winner is announced in October, in conjunction with National Manufacturing Day.
One major change in 2018 is that entrants will no longer have to submit a marketing video.
”Making Your Mark isn’t designed for hobbyists but is targeted to fledgling manufacturers who are in business but don’t yet have the resources or capital to expand to real commercialization,” said Tracey Schaal , executive director of the alliance and MYM founder.
More information can be found at www.powerinn.org.
In 2017, the alliance patterned its inaugural MYM on the local Calling All Dreamers competition.
The Downtown Sacramento Foundation recently announced that it will begin accepting applications for its sixth annual Calling All Dreamers business competition on April 24 .
It provides a substantial boost for the winner, chosen among eligible Sacramento-area entrepreneurs. This year’s winner will receive a prize package valued at more than $100,000, including the foundation’s help in opening their enterprise in Sacramento.
Submissions can be made online at www.callingalldreamers.org through 5 p.m. May 31.