In Queens, local entrepreneurs left Resorts World Casino tonight with a big chunk of change. But it wasn't gambling winnings.They each won $10,000 in a contest aimed at helping them grow their startup businesses.
The Queens Economic Development Corporation announced the winners of its 12th annual StartUP Business Plan Competition Monday night. What started with 70 entrepreneurs was narrowed down to three. This year's winners are Yuzu which is a diet and nutrition app, Bosuo Food Group and its Jamaican inspired iced tea and Art Strong, a studio for children to make art.
In order to be a part of the contest, the participants took classes on marketing, labor laws and finance.The Queens EDC says it started the competition because many entrepreneurs have great ideas, but lack the finances to grow their business. Resorts World Casino donated $50,000 to fund next years classes.