Winners of $15,000 local small business pitch competition announced
Tioga, ND, November 22, 2021 - In partnership with the Tioga Economic Development Corporation, The Bank of Tioga awarded $15,000 to four local businesses on Friday, November 5, 2021 as part of the REV pitch competition, an event held at the Tioga Theater which helps local business owners to ignite their business.
The Bank of Tioga hosts REV, a small business pitch competition, in an effort to reinvest in local businesses and entrepreneurs. This year’s winners included Blue Raven Trading Company at $7,200, Back Shed Treasures LLC at $4,200, Luxe Beauty Bar LLC at $2,400 and Haugland Enterprises Inc. at $1,200. Judges included David Grubb, President and Savanna Hendrickson, SVP of Community Banking of The Bank of Tioga along with KayCee Lindsey with Divide County Economic Development and Dennis Lindahl with Tioga Economic Development.
Blue Raven Trading Company, a freeze dry food company, took home the grand prize of $7,200 to purchase more freeze dry machines and increase food product selection and inventory.
“Wow! I can’t even begin to tell you how grateful I am. This award will allow me to reach my goals so much faster than I could have on my own. I can’t tell you how much your support means to me. Thank you The Bank of Tioga,” said Debbie Harrop owner of Blue Raven Trading Company
Back Shed Treasures LLC, a local preschool, was awarded $4,200 to purchase new locker systems, tables and chairs.
Luxe Beauty Bar LLC, a salon and beauty service business, was awarded $2,400 to purchase two permanent client tables for lash and makeup clients as they are currently borrowing tables now.
Haugland Enterprises Inc., an independent insurance, company was awarded $1,200 to purchase more technology to better meet the needs of their clients and be able to generate quotes on-site.
“We look forward to hosting the REV event every year and the panel of judges was certainly impressed by all of the participants in this year’s event. To be able to support small businesses in and around our communities and help create community prosperity, makes this event so exciting and rewarding to put on each year,” said The Bank of Tioga Senior Vice President of Community Banking, Savanna Hendrickson.
About The Bank of Tioga: At The Bank of Tioga, we IGNITE PROSPERITY® by helping our clients do more with their money. Whether it’s saving a little extra cash each month or accomplishing a long-term strategy, our goal is to help you transform your financial life. The Bank of Tioga was chartered in 1951 and was acquired by TS Contrarian Bancshares Inc., an affiliate of TS Banking Group in 2014. With $350 million in assets, The Bank of Tioga is committed to supporting local organizations and reinvests a portion of its net income back to the community. Branch locations include Tioga and Crosby, North Dakota. For more information visit thebankoftioga.com.