Barclays is offering up to $60,000 to small businesses willing to share their stories. The Barclays Small Business Big Wins 2023 Contest is open for online submissions until February 28th.
How to Enter the Barclays Small Business Big Wins 2023 Contest
Barclays offers companies between $2,000 and $60 in cash prizes. The Grand Prix is worth $60,000. The company offers a total of $255,000.
To qualify, companies must meet the following criteria:
- Located in the United States and owned by a US resident over the age of 18.
- Must be currently open and operational since at least January 2022.
- Have less than 100 employees.
- Annual income less than $5 million.
- Not have won a previous Barclays Small Business competition.
Eligible businesses simply fill out a form on the Barclays website and describe their small business story in 500 words or less. The theme of the competition focuses on how small business ownership pays off. As such, participants should create stories about how business ownership can help them realize their dreams or play an important role in their communities.
Past and current entries can be viewed on the Barclays website. By participating, you agree to allow the company to share your story on their platform.
Barclays Small Business Big Wins 2023 Contest Selection Process
A panel of judges will score all eligible entries after the February 28th deadline. Scores are based on the following criteria:
- Relationship with contest theme
- Responding to Questions Raised
- Enthusiasm and passion for small business
- Positive impact on other businesses and communities
The top 10 finalists will move on to an open voting period from April 1st to 10th. He can vote once a day for his favorite small business entry. At the end of that period, the top voters will receive a prize of $60,000. There is also a $40,000 prize for 2nd place, $20,000 for 3rd place, and 7 runner-up prizes of $5,000 each.
Small businesses that have applied for a contest prize but have not been awarded may also enter the sweepstakes to win a smaller prize. After the top ten finalists have been determined, all other eligible entries will be randomly drawn around mid-March. Barclays will award her $2,000 cash prize to 50 companies as a thank you for participating in the competition.
About the Barclays Small Business Big Wins Contest
Barclays hosts a small business big win contest to draw attention to how rewarding and impactful entrepreneurship can be.
Jill Neilson, Director of US Business Cards, Barclays US Consumer Bank, said in a statement: As we have done for the last two years, we are excited to expand the stories these amazing small businesses are telling and provide the necessary funding to our winners. “
Promotion started in 2020. This is his third funding round offered by the company. Past grand prize winners include Ashland Bath Center in Ashland, Wisconsin in 2022 and Frank’s Gourmet His Hot Dogs in Buffalo, NY in 2020.
Follow Google News for the latest information.
Details: Small Business Grants