PORT ORCHARD — Two Port Orchard small businesses have been selected as finalists in the 2020 edg3 FUND Small Business competition.

Sylling’s Elderberry and Unity Skate Shop, both of Port Orchard, were named as two of the eight small businesses moving on in the competition.

The list of eight finalists was announced Oct. 1 by contest sponsor Kitsap Bank. The businesses will now compete in the final phases of the competition, which will include interviews, pitches and a public vote, said Shannon Childs, Kitsap Bank senior vice president and marketing director.

The edg3 FUND grand prize is $25,000, which will be awarded to the business that best demonstrates to the judges its commitment to the triple bottom line business model: contributing to the community economically, socially and environmentally.

The Innovation Award of $10,000 will go to the company that demonstrates creativity, innovation and resiliency, providing unique solutions, products and services to remain relevant, competitive and focused on long-term growth. A $5,000 Public Favorite Award will go to the business that receives the most votes in the online public vote, Kitsap Bank said.

Other finalists are Sprout and Thistle of Bremerton; Umma of Port Angeles; Aquagga Inc. of University Place; Camp N Car of Port Townsend; Campfire Coffee of Tacoma; and Five12 Apparel LLC of Sumner.

Another phase of the competition begins Oct. 26 when the public is invited to vote for their favorite company. Those wishing to vote can do so at kitsapbank.com/business/edg3-fund.

The sponsoring company said it received numerous applications from entrepreneurs throughout Western Washington representing industries ranging from food and beverages to arts, technology and agriculture.