WELLS COUNTY, Ind. (WANE) — A Wells County entrepreneur is trying to deliver 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 herald companies which might be going so as to add jobs,” stated Kumfer “That’s the last word purpose, we need to develop and strengthen the economic system in Wells County.”
To try this, Kumfer will put aside 20% of the annual income for Treeboy Processing in 2022 in an effort to fund a brand new grant for companies trying to arrange store in Wells County. The winner of the grant shall be decided in a pitch evening the place 5 judges, made up of enterprise and group leaders, will vote on what they suppose will add probably the most to the county.
It may be a brand new or current enterprise of any dimension or focus however should be headquartered someplace in Wells County for at the very least 5 years.
“I’ve no desire over any of that,” Kumfer stated. “So long as they’re good individuals, they’ve a very good 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 stated that’s sufficient time to find out if a enterprise is profitable, or to persuade them to remain within the county. His long-term purpose is to show this right into a yearly grant competitors.
“The purpose for me is to see that new substantial enterprise each single yr that means we can assist strengthen our economic system and assist Wells County turn into form of the mecca for entrepreneurs in our space to return down and take a look at what we now have to supply,” stated 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 just accept purposes for the grant till January 2023 in order that he can get an concept of how substantial the grant shall be. He stated that additionally offers candidates time to work on their pitch and put collectively a marketing strategy.