Story last updated at 2/18/2009 - 10:56 am
SITKA - Robert Hoffman of Sitka is one of thirty finalists from across Alaska who have been selected to advance to the next round of the fourth Alaska Marketplace competition, where they will vie for a portion of nearly $300,000 in award money for projects.The competition awards money to entrepreneurs with the best ideas for stimulating Alaska's rural economies. Hoffman's project is titled "Bridging Cultures with Crest Art."
This year, Alaska Marketplace received 101 Business Idea Applications from across the state, with 14 percent of those coming from Southeast Alaska. Finalists have until April 3 to write a more comprehensive business plan with the help of entrepreneurial coaches. Rural residents will be given stipends for their travel to Anchorage for the final competition at ConocoPhillips, to be held on May 5. The public is encouraged to cast votes for "People's Choice" award. For more information, visit alaskamarketplace.org.