December 7, 2022

Unitranche

Supportive Business Potential

Skowhegan is launching a business lab and pitch competition

SKOWHEGAN, Maine — Main Street Skowhegan is looking for innovative entrepreneurs or established business owners wanting to expand their operations for its new business lab and pitch competition.  

The business lab, which offers participants a seven-week course at the Skowhegan Center for Entrepreneurship starting Oct. 1, will conclude with a pitch competition in which potential business owners present their enterprise plans. The winner will receive $5,000 from Main Street Skowhegan, a nonprofit focused on revitalizing the town.

Pitch competitions are a popular way for entrepreneurs and startups to enter the investment world and build connections with business experts. Competitions through Dirigo Labs in Waterville and the Maine Center for Entrepreneurs in Portland shed light on inventive ideas and creators, plus awarded thousands of dollars to winners to jumpstart their plans. Main Street Skowhegan sees its version as a layer of support for local entrepreneurs and longtime businesses that could also spur new development in and around Skowhegan.