Imperial youth wins MCC’s Hormel Entrepreneur competition
Morgan Peterson of Imperial was named winner of the 2021 Hormel Youth Entrepreneurship competition through McCook Community College.
Peterson was one of four finalists for the competition who made business plan presentations Saturday. She received $5,000 for her business, ImpERFECT Confections.
Ethan Graff of McCook won second place and received $2,500 for his Nebraska Pizza Company. Kailynn Rodewald, McCook, received a third place check for $1,500 for her presentation of Sweet & Sassy Cakes and Cupcakes.
These three young entrepreneurs, along with Quincy Long, McCook (Strawberry Frog Stickers), each presented their business ideas to a panel of judges Saturday in MCC’s McMillen Hall. Their business plans include information on how and why this business was chosen, a cost analysis including assets and expenditures, projected costs and revenue, examples of marketing and plans for what any money would be used for.
Winners will be asked to participate in the Nebraska Community Foundation’s annual training and banquet in McCook on November 17-18, since prize money for the youth entrepreneurship program derived from NCF youth engagement grant.