Green Bein’ awarded $50K to help expand business in Lincoln (Video)
Green Bein' Productions won Invest Nebraska's third annual venture competition last week at the Embassy Suites in Lincoln. Last Tuesday, Green Bein' and the four other finalists competed for $50,000. The Lincoln-based entrepreneurs were given 15 minutes and then had an opportunity to answer judges' questions.
“All five of them did a really great job, but the winner, Green Bein’ Productions Inc., based on the judge’s discussion rose to the top based on their business and what they’ve been doing in Lincoln and the potential for that business as well,” said Dan Hoffman, Invest Nebraska’s executive director.
(Left: Ryan Cooper, founder & CEO of GolfStatus Inc., gives his presentation to judges. Photo by Kate Ellingson.)
The competition was hosted by Invest Nebraska, in conjunction with the Lincoln Partnership for Economic Development and the University of Nebraska Center for Entrepreneurship.
“What we’re trying to do is start as many businesses as we can,” said Hoffman. "The research is out there that shows that you have to continue to have that pipeline of businesses being started to increase that churn rate, and this is just our attempt to help facilitate that in Lincoln."
Deana Ward, vice president of Green Bein’, said that the win will help the team move forward with its marketing efforts. In this video interview, I asked Ward what’s next and about their new video game product.