WELLS COUNTY, Ind. (WANE) — A Wells County entrepreneur is seeking to carry extra enterprise to the county and he’s utilizing his personal pockets to incentivize employers.
Quinn Kumfer has been capable of develop his videography enterprise, Treeboy Productions, in addition to begin a brand new one, Treeboy Processing, with assist from the Wells County Group. Now, he desires to do one thing for the group in return.
“Ideally, we’d like to usher in companies which might be going so as to add jobs,” mentioned Kumfer “That’s the final word aim, we wish to develop and strengthen the financial system in Wells County.”
To do this, Kumfer will put aside 20% of the annual income for Treeboy Processing in 2022 with a purpose to fund a brand new grant for companies seeking to arrange store in Wells County. The winner of the grant can be decided in a pitch night time the place 5 judges, made up of enterprise and group leaders, will vote on what they suppose will add essentially the most to the county.
It may be a brand new or present enterprise of any measurement or focus however should be headquartered someplace in Wells County for at the very least 5 years.
“I’ve no choice over any of that,” Kumfer mentioned. “So long as they’re good folks, they’ve head on their shoulders. They’re pushed, they’ve an in depth plan on how they plan on utilizing this cash.”
Kumfer selected 5 years because the minimal as a result of he mentioned that’s sufficient time to find out if a enterprise is profitable, or to persuade them to remain within the county. His long-term aim is to show this right into a yearly grant competitors.
“The aim for me is to see that new substantial enterprise each single yr that means we will help strengthen our financial system and assist Wells County grow to be kind of the mecca for entrepreneurs in our space to come back down and take a look at what we’ve to supply,” mentioned Kumfer.
The cash to fund the grant will come from Treeboy Processing’s annual income. That firm is in its first yr so Kumfer will wait to simply accept functions for the grant till January 2023 in order that he can get an thought of how substantial the grant can be. He mentioned that additionally provides candidates time to work on their pitch and put collectively a marketing strategy.