High School Big Idea Competition

Do you have a big idea for a new business? If you do (and you’re in high school) the Big Idea competition is right up your alley.

High school students can compete for cash and scholarships by submitting a 1,075-word description of their business idea. Returning again this year is the Marketing Design competition where students can choose to also create a logo and ad for their idea. This competition for high school students in Aberdeen and the surrounding region was created through the collaborative efforts of many organizations and is funded by Absolutely!Aberdeen.

This competition is about exposing youth to new ideas and innovation in the hopes that you will view entrepreneurship as an option for your future. Rather than leaving the region to look for a job, you can have the confidence to create your own opportunities close to home and know that there is support for you should you choose to do so. Homegrown businesses are key to the success of our rural communities.

Cash prizes, a chance to meet other students interested in entrepreneurship, recognition and awards are just some of the features of this competition. The first place winner will receive $1,000, second place wins $500 and $250 for third place. College scholarships will also be awarded. A $500 prize is awarded to the winner of the marketing design competition.

On Hand Development would assist any students that are interested in entering the contest. Just give us a call at 853-3098.

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SD Housing Lowers Rates

The SD Housing Development Authority has lowered its interest rates for first-time homebuyers to the lowest rate in history.

The interest rate for starting step rate loans is 2.75%. Fixed rate loans have been reduced to 3.75%, and the fixed rate plus option loan rate was reduced to 4.25%.

If you are a business owner in the Miller area and these rate reductions help one of your employees purchase¬† house, please let me know. I’d be interested in hearing the details.