PORT ORCHARD — Five small businesses, including Compost Manufacturing Alliance of Port Orchard and Wood Originals of Bremerton, have been named finalists in the fifth annual edg3 FUND small business competition.
Kitsap Bank announced the finalists on Oct. 3. These companies, chosen in part by a public vote, will move on to compete in the final phase of the competition — edg3 FUND Live — on Nov. 15 at the Kitsap Conference Center in Bremerton.
There, the finalists will present their pitches before an audience and an independent panel of judges. The winning company will be awarded a grant of $20,000.
The other three finalists are HandiMaps of Renton; Kodama Farm & Food Forest of Chimacum; and Sequim Bee Farm of Port Angeles.
Two Port Orchard small businesses — Dragonfly Cinema and PJ’s Market — were semifinalists leading into the finalists round. Other Kitsap semifinalists were Cascade Hygiene of Bremerton; Kitsap Fresh of Poulsbo; and Blackmouth Design of Bainbridge Island.
“We were very impressed with the caliber of businesses represented in our semifinalist grouping,” Tony George, Kitsap Bank president and COO, said in a news release. “Their commitment to bettering their communities is truly inspirational.”
Kitsap Bank, the event sponsor, also will give an additional $5,000 cash prize — the Community edg3 Award — in this year’s competition. The prize will be awarded to one business selected from the semifinalist pool that, in the judges’ opinion, best embodies the spirit of community, based on their submitted application and video. The award will be presented at the edg3 FUND Live event.
According to bank officials, the mission of edg3 FUND is to recognize entrepreneurs dedicated to growing their community in three ways: economically, socially and environmentally.
Last year, Home Made Cafe of Port Orchard won the edg3 FUND competition’s top prize.