It’s been said that Lake County isn’t business-friendly. With the 1 Team, 1 Dream competition, Maryann Schmid has upended that notion. She has an ability: seeing the potential in people and businesses. “I have no skills,” she laughs, smiling a huge, bright smile. “The only skill I have is being an entrepreneur. And I want to help other entrepreneurs succeed.” That’s why she and Olga Martin Steele founded the 1 Team, 1 Dream competition, a contest designed to help foster promote small businesses in our county.
Prizes for the competition range from $1,000 for fifth place up to $15,000 for first. But the 1 Team, 1 Dream competition is much more than just winning a cash prize. It’s about learning how to implement an idea effectively. Once the application deadline closes on August 31st, several of the applicants will continue in the competition. They will attend a one-day training on business planning, learn how to develop a business plan, and make a presentation on their idea to a panel of judges. All applicants will learn invaluable skills needed to succeed in our constantly changing economy.
The 1 Team, 1 Dream competition wouldn’t be possible without committed sponsors:
- $15,000 – First place prize is sponsored by City of Clearlake ($10,000) and The Lodge at Blue Lakes ($5,00)
- $5,000 – Second place prize is sponsored by Community First Credit Union ($2,500) and The Lodge at Blue Lakes ($2,500.)
- $3,000 – Third place prize is sponsored by Savings Bank of Mendocino County ($1,500) and The Lodge at Blue Lakes ($1,500.)
- $1,500 – Fourth place prize is sponsored by the City of Lakeport
- $1,000 – Fifth place prize is sponsored by the City of Lakeport
- There will be a sixth place prize of $2,500 given to the most outstanding business in Lakeport, (from the pool of applicants) sponsored by The Lodge at Blue Lakes.
Additionally, $1,000 for each sponsorship by the Lakeport Rotary and the Rotary of Clearlake will be matched by The Lodge at Blue Lakes. August and Kim Schmitt of August Schmitt Realty Solutions provided a $6,000 event sponsorship.
If you’re over eighteen, live in Lake County, and either run a small business or have a great business idea, visit the 1 Team, 1 Dream website to get further information and apply. You’ve got until August 31st to make your dream a reality.