First National Bank of Clinton announces second annual REV, small business pitch event
July 13, 2018, Clinton, Ill. – First National Bank and Trust Company, a community bank located in Clinton, Ill., will host its second annual REV event, a small business pitch event with $10,000 in prizes.
REV is a pitch competition that enables area entrepreneurs and start-up businesses the chance to win up to $10,000 to better their business. First National Bank has partnered with the DeWitt County Development Council to host REV, where applicants are judged on their pitch, marketing, personal investment level and exit strategy.
First National Bank believes that a community’s success is based on the strength of its small businesses which led to the launch of REV in 2017.
This event is hosted as a portion of First National Bank’s commitment to its community, which involves reinvesting 10 percent of its net income, locally.
The first annual REV took place on Oct. 13, 2017, winners included: The Buttered Bun, awarded $5,000 to purchase a commercial stove; Triple M Farms, awarded $3,000 toward the down payment of a delivery truck; and Dial Farms, awarded $2,000 to add additional livestock to his operation.
“I’d like to thank First National Bank for believing in us and what we are trying to accomplish,” said Lauren Johnson, owner of The Buttered Bun. “It’s rewarding to know that we have so much support and that we can all grow together through our efforts.”
“My experience with REV was exciting,” said Mason Dial, Owner of Dial Farms. “It was great to see First National Bank reach out to small businesses with this opportunity and be generous enough to help them grow.”
Only five businesses will be selected to compete at the event with ten minutes to pitch their business concepts to a panel of four judges. Judges, a mixture of bank employees and community leaders, will then have ten minutes to ask questions. Deliberations will be made by the end of the day, and the winner(s) will be notified at that time.
REV applications are due Oct. 1, 2018.
Visit https://www.firstnbtc.com/about/our-mission/rev to download the 2018 application form. Please send your completed form to firstname.lastname@example.org or mail to First National Bank and Trust Company at 2 Kelli Court, PO Box 191 Clinton, IL 61727.
First National Bank’s REV competition will take place on Oct. 19, 2018 beginning at 1 p.m. at 2 Kelli Court, PO Box 191 Clinton, IL 61727. For more information visit https://www.firstnbtc.com/about/our-mission/rev.
About First National Bank and Trust Co:
First National Bank & Trust Company is a community bank located in Clinton, Illinois. Dedicated to community prosperity, the bank was chartered in 1872 under the name DeWitt County National Bank. The name was changed First National Bank and Trust Company in 1974, and was recently acquired by TS Banking Group in 2017. With $125 million in assets, First National Bank is dedicated to community reinvestment and gives 10% of its net income back to the community. For more information visit firstnbtc.com.