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New Business Competition Announced

If your business is less than one year old and is headquartered or does business in Albany, Montgomery, Rensselaer, Saratoga, Schenectady, or Schoharie counties, you qualify to apply for a Sunmark Business Grant.

Winners will earn a seat in the Albany-Colonie Regional Chamber of Commerce’s Entrepreneur Boot Camp beginning January 2014 and a $1,000 Sunmark business savings account.

Applicants are asked to submit a 2 to 5-page written plan that provides the primary business contact and contact information, the business vision or concept, the market need (how it currently is or isn’t being met), the current competitive field in the area, the estimated cost to start the business and cash flow needs, an operations and management plan, and the business owner’s/entrepreneur’s resume.

After the written plans are reviewed by a panel of stakeholders in the business community, finalists will be contacted for the next phase of judging in early December. The winner will be announced during the week of December 16.  For more information, call (518) 382-0605 or visit www.sunmarkfcu.org.

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