SHERMAN, Texas (KTEN) — The Sherman Economic Development Corporation has announced the finalists for its 2023 RISE Challenge.

RISE is short for Raising Innovative Sherman Entrepreneurs. The focus is geared toward giving young businesses a funding boost.

This year's finalists are: HoboLoco Inc., Taylor'd Trends, Jade United and Big Girl Spa Essential.

The finalists will complete a final presentation on April 6 vying for grants ranging from $25,000 to $100,000.