Midwest Waste Services took home first prize at this years i.d.e.a. WF competition.
The contest aims to help small business owners get going and then grow their business locally.
For some, like Michael Webb of Texas Flavors, winning means getting off the ground. Webb said, "Our 5 year plan shows we'll have 3 or 4 part time people the first year. We'll have full time people the second year and we'll have 3 or 4 at that point and by year 5 we'll have 20 to 30 people."
For others, like this years winner Jeff Watts and his team, it means expansion.
"It'll mean business as normal. We're already started. We're big in Wichita County and Clay County areas and Archer County.
In order to compete, the business must meet the following criteria:
- Create at least 3 new jobs.
- 50% of the businesses revenue must come from outside Clay, Archer and Wichita Counties
- The business must be headquartered and operate primarily in Wichita Falls for at least 3 years.
Webb spoke about his future employees, "We're not gonna treat people like clerks, we're gonna give them stock options, even the counter people, so they have an incentive to make our business the best business possible."
Before the winner was announced, Webb said win or lose, he plans to operate in Wichita Falls.
"The retail part of the business is gonna be here permanently. The franchising hopefully will be everywhere of course. But we want to keep the physical headquarters here."
Last year's winner Kenny Humpert said his line of seasonings is available in more than 30 states. He hopes to expand production even more in the coming years. Despite his success, Humpert said he's staying right here in Wichita Falls.
You can check out some businesses, by clicking on the links below.
1st Place - Midwest Waste Services
3rd Place - The Taxidermists' Woodshop
Finalist - Francis' Soap