By Yedida Wolfe
Which one of these six entrepreneurs will walk away with a $20,000 Grand Prize?
This Wednesday June 22 at 7:30 pm, join MC Mendel Duchman and four judges to find out which startup has the best business plan.
“It’s a fantastic opportunity to hear investors’ questions and concerns firsthand,” says CHYE Director Rabbi Yehoshua Werde, who invites the Crown Heights community to attend Wednesday’s contest at the Jewish Children’s Museum.
The finalists will present their business plans to CHYE’s panel of experts who will decide which startup will take home the grand prize that includes $20,000 in business services including $7,500 in investment capital. The event is open to the public.
Meet the Finalists
Malka Goldfein, Brooklyn, NY, Founder of Babyroo Consignment Shop
Broolyn, NY
Babyroo is the new and improved way to sell and purchase gently used baby equipment.
“I have learned a tremendous amount about my company in this process, and I am excited to go out and pitch my plan this Wednesday. My business is innovative and can really help solve an existing problem. I hope to take the prize and invest it towards developing a quality website and app.”
Yosef Romano, Founder of Seamless Non-Profit
Berkeley, CA
Seamless Non-Profit is the one stop CRM solution for non-profit organizations.
“We’ve already gained so much from the business plan writing process, and I’m looking forward to continue this wonderful experience with the upcoming pitch event. Winning the prize would really help take our company to the next level.”
Yitzchak Shulkin, Founder Veloboom Transportation
Morristown, NJ
Veloboom is an innovator of bicycle and green transportation technologies.
“This competition is a brilliantly creative concept, and an amazing resource. It’s a means to build solid kelim for success, and surely a beautiful beginning, a platform with which to launch ideas and foster constructive growth. Very exciting and encouraging!”
“We have an amazing product and have set a solid foundation to start a company, but are in need of proper resources and training to practically boost us through the next few steps in growing the business.”
Yetta and David Feldman, Founders of X:IT Performance Wear
Brooklyn, NY
X:IT provides quality active wear for the modest, athletic women.
“It is thrilling to be part of a community that is so proactive in developing and helping young entrepreneurs. To start a business one must be ready to hustle and devote everything they can muster. CHYE’s competition has and continues to give us many needed tools as we get our venture off the ground.”
Raphael Schwartz, Founder of Ralph Behak Bespoke Clothier
Brooklyn, NY
Ralph Behak is the next step in innovative bespoke menswear.
“I feel very positive and optimistic about the competition. As well as grateful for the opportunity to be included in this event and to receive guidance and feedback from these experienced business professionals.”
Nicole Marsella, Founder Best Costume Outdoor Wear
Brooklyn, NY
Best Costume is the next evolution in women’s outdoor clothing.
“The CHYE competition was the motivation that I needed to write a business plan before my company got off the ground. The whole process has been amazing! If I win, the cash would go toward my first production run and the professional advice would help out so much…my company is very DIY right now. But honestly, even if I don’t win, I feel like I’ve gained so much.”
Four judges, Jack Silberstein of Jack’s Gourmet, lawyer Adam Eilenberg, accountant Saul Friedman, and marketing expert Zalman Stock will choose the lucky winner – who will, in addition to the startup capital, receive one year of free accounting from Saul N. Friedman & Co., and consulting services from other sponsors.
“We are very excited about this competition, with our mission of inspiring new business development in our community and being a resource for all aspects of business startup and early stage development,” says Rabbi Werde. “This competition has brought to the fore everything we are looking to accomplish.”
“CHYE would like to thank generous sponsors, Saul Friedman & Co., AWS Supply, Eilenberg & Krause LLP, COLLIVE.com, and the Cotlar family in memory of their son, Mendel Coltlar, for their commitment to building a brighter future for our community,” adds Werde.
To reserve your tickets, log on to CHYE.info.
BSD
I was there and thought it was great!
Gave me some ideas myself, and felt it was an excellent service to anyone in the community involved in entrepreneurship.
Will it be streamed live so those of us who don’t live in ch can watch?