Early in TS Bank’s history, two powerful realizations were made: Community banking is key to community success, and an essential part of a community's success is the strength of their small businesses.
Since this realization, the bank has worked hard to help local businesses grow, create local jobs, give neighbors fulfilling work, establish a goal to generate profits to be donated, and teach community members about financial literacy.
The newest component of this commitment to local businesses was the creation of REV in 2015.
REV - Ignite Your Business 2017
REV is a pitch competition that enabled local entrepreneurs and business owners the chance to win up to $27,000 to better their business.
TS Bank partnered with local thought leaders and entrepreneurs to judge applicant's pitches, focusing on marketing, business overall, and investment and exit strategy.
Individuals applied and those that were accepted whad ten minutes to pitch their business concepts to a panel of four judges at the preliminary event held in October. Five applicants moved on to compete in the finale on the evening of Friday, December 1, 2017.
The final five competing businesses were: Appsky Labs of Omaha, Nebraska (awarded $10,000); Flyover Design Co. of Des Moines, Iowa (awarded $7,000); Found of Omaha, Nebraska (awarded $2,500); Fyiio of Omaha, Nebraska (awarded ($2,500), and HomeDitty of Des Moines, Iowa (awarded $5,000).
