WILMINGTON, Del. — Barclays US Consumer Bank is hosting its "Small Business Big Wins" contest for the third year. This year, winners will share $255,000 in prize money to be distributed among selected small-business owners who share accounts and challenges of building a business and making their dreams a reality. The small business with the most compelling story will be awarded a grand prize of $60,000.
Small-business owners wishing to enter can submit an essay of up to 500 words along with a compelling photograph highlighting their unique business journey. Submissions for the contest will be accepted through Feb. 28, 2023.
"The current economic climate continues to create challenges for small businesses, and we recognize that innovation and capital help provide opportunities for employment and increase our quality of life," says Jill Neilson, director of US business cards, Barclays US Consumer Bank. "As with the past two years, we're excited to amplify the stories told by these wonderful small businesses and provide the winners with much needed funds."
Following the Feb. 28 deadline for submission, 10 finalists will be selected from qualifying entries. From April 1 through April 10, the public will have a chance to review the stories of the top 10 finalists and vote for their favorite small business. All businesses that submit qualifying entries will also be entered in a random drawing to win one of 50 $2,000 sweepstakes prizes.
The total prize breakdown for the contest includes:
- One Grand Prize of $60,000
- One 2nd Place Prize of $40,000
- One 3rd Place Prize of $20,000
- Seven Runner-Up Prizes of $5,000 each
- 50 Sweepstakes Prizes of $2,000 each
The announcement of contest winners will take place the week of May 2 to coincide with National Small Business Week.
For more information or to submit entries, visit BarclaysSmallBizBigWins.com.
Have a question or comment? E-mail our editor Dave Davis at [email protected] .