SAN ANGELO — The winners of the 2021 San Angelo Business Plan competition have been announced.
The competition saw 39 entries whittled down to the top three. Those winners were Cowboy-Up Chocolates, Lonestar Cheeseburger Company and Medical Arts Pharmacy.
Cowboy-Up Chocolates, 6 E. Concho Ave., took the first spot and $40,000. Misty Mullin, the owner, and her husband, plan to use the funds to buy more production equipment. On social media, they said it could go toward opening new locations across Texas.
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In second place, Lonestar Cheeseburger Company took $20,000. Owner Tim Condon said the money would help him expand into a drive-thru restaurant, train staff and start a tuition reimbursement program.
Medical Arts Pharmacy, 2102 Pecos St., took third place and $10,000. The pharmacy started in 1957, and they plan to expand into the compound prescription market.
Winners also received “in-kind rewards and may be eligible to apply for COSADC’s Business Factory incubator program,” according to the release.
Advisers from the Angelo State University Small Business Development Center and students from the ASU Norris-Vincent College of Business helped competitors draft their business plans.
Alana Edgin is a journalist covering Crime and Courts in West Texas. Send her a news tip at [email protected].