Downtown Sacramento Foundation’s inaugural retail business competition received 49 applications by last Friday’s deadline. The big prize for which those applicants are vying has a value of about $135,000.
Each of the entrepreneur semi-finalists also will get some guidance from veteran business people. Sacramento SCORE, the nonprofit that provides free business counseling and workshops, will provide each semi-finalist his or her own SCORE mentor who will assist in refining the business concept to make the proposal as strong as possible.
Other SCORE counselors will serve as contest judges, said Jeff Hendy, a former chairman of Sacramento SCORE.