WELLS COUNTY, Ind. (WANE) — A Wells County entrepreneur is seeking 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 neighborhood in return.
“Ideally, we’d like to herald companies which are going so as to add jobs,” mentioned Kumfer “That’s the final word purpose, we need to develop and strengthen the economic system in Wells County.”
To do this, Kumfer will put aside 20% of the annual income for Treeboy Processing in 2022 to be able 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 evening the place 5 judges, made up of enterprise and neighborhood leaders, will vote on what they assume will add probably the most to the county.
It may be a brand new or current enterprise of any measurement or focus however have to be headquartered someplace in Wells County for a minimum of 5 years.
“I’ve no desire over any of that,” Kumfer mentioned. “So long as they’re good individuals, they’ve an excellent 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 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 manner we will help strengthen our economic system and assist Wells County develop into form of the mecca for entrepreneurs in our space to come back down and take a look at what we now have 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 just 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 offers candidates time to work on their pitch and put collectively a marketing strategy.
