These guys want to give you $25,000 to start your own business
RICHMOND, Va. (RichmondBizSense.com) – A Shockoe Bottom shirt maker’s latest offering is tailor-made for entrepreneurs.
Ledbury began accepting applications this month for its new startup competition, the Ledbury Launch Fund.
The fund will offer new or still-developing businesses a chance for a $25,000 shot in the arm. Applicants need only to be pursuing businesses that sell tangible products.
“They need to make something,” Paul Trible, CEO of Ledbury, said. “We want something that’s going to be viable.”
In addition to the prize money, the winner will also have a year to call on Trible and Ledbury co-founder and COO Paul Watson for business advice. The prize money comes without any strings attached.