Entrepreneur wins $5,000 to help start a new business in Bristol

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BRISTOL, Va. (WJHL) — An entrepreneur took home $5,000 Saturday, thanks to a contest sponsored by Believe in Bristol.

Every year, Believe in Bristol and the Downtown Development Authority hold a contest that allows one lucky entrepreneur to start or expand a business in downtown Bristol.

Saturday morning, 14 contestants pitched their idea to a panel of judges.

Before the vote, All of the contestants participate in nine weeks of professional facilitated Entrepreneur Training.

Facilitator of the training program, Val Lyle said this is a great way to bring new business to the area.

“I think there is a gap between people who may not have gone through college, and may not have an MBA or an accounting degree, but they have a dream,” she said. “That is where we step in to help.”

Great Oak Brewing Company took home the $5,000 prize. The runner up was Misty Mountain Designs.

The judges chose the winner based on the feasibility of their plan, and how close they are to starting a business.

The contest is made possible by Wells Fargo of Bristol, Virginia.

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