Three Tarrant County businesses from more than 50 competitors have advanced to the final presentation in the sixth annual Fort Worth Business Plan Competition, a program of the Fort Worth Business Assistance Center and presented by Capital One.
The finalists, who will present to judges Oct. 27 at Texas Christian University, in alphabetical order, are: Dr. Hilary Lai of Benefit Acupuncture, which delivers solutions for illnesses ranging from pain, allergies, chronic illness, stroke rehabilitation and infertility; Dr. Richard Navarro of Creative Minds Solutions, which designs and manufactures hydroelectric turbines to generate electricity from water, such as lakes and oceans; and Steve Alade with Docs Street Grill, offering Caribbean street food as a mobile food concessionaire with plans for four brick-and-mortar restaurants.
The finalists emerged from the 10 semifinalists who competed during a Pitch Night presentation Oct. 6 at Moncrief Cancer Institute. They will be judged Oct. 27 on their business plans and their presentations at the TCU Dee J. Kelly Alumni & Visitors Center. All three will share cash and prize packages valued at nearly $70,000. Attendance is free, but registration at www.fwbac.com is required.
The competition, open to Tarrant County businesses and startups, began in July. Twenty-nine businesses from the entries were selected for five educational sessions and a minimum of two business counseling sessions. Ten were selected as semifinalists based on their submitted plans.