“Small businesses have been significantly impacted by our ever-changing environment over the past two years, and many small business owners have compelling stories to tell,” said Nancy Parnell, director of American business cards at Barclays. “At Barclays, we recognize that small businesses are the engine of the American economy and are a vital resource that deserves to be supported and protected. We want to hear their stories and provide much-needed financial support.”
Following the March 11 submission deadline, 10 finalists will be selected from qualified entries. From From April 13 to April 22, the public will have the 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 into a draw to win one of 50 $2,000 raffle prize.
The total prize breakdown for the promotion includes:
- A grand prize of $60,000
- A 2nd prize of $40,000
- A 3rd prize of $20,000
- Seven second prizes from $5,000 each
- 50 contest prizes $2,000 each
The announcement of the contest winners will take place the week of 1st May to coincide with National Small Business Week.
In December 2020Barclays has announced Frank Gourmet Hot Dogs as the winner of its first-ever ‘Small Business Big Wins’ promotion and the recipient of a $50,000 great prize. the Buffalo, New York restaurant, known for its custom brand of signature hot dogs, edged out nine other finalists in a national vote. Additionally, Barclays awarded $25,000 at the Pot au Feu restaurant in Providence, Rhode Island for second place; $15,000 at the Owego kitchen in Owego, New York for third place; and $5,000 for each of the remaining top 10 finalists in 2020.
To enter this year’s competition, small business owners are invited to explain how their business met the unique 2021 requirements in under 500 words and upload an original image that helps illustrate the submission.
Businesses must be owned by a legal resident of United States who is at least 18 years old. Businesses must also be currently open and in operation for at least one year before or as of February 10, 2021; have a valid Employer Identification Number or Taxpayer Identification Number; employ less than 100 employees during the duration of the competition; and have an annual turnover of $5 million or less. For a complete list of contest rules, please visit BarclaysSmallBizBigWins.com.
About Barclays US Consumer Bank
Barclays US Consumer Bank is a leading co-branded credit card issuer and financial services partner in the United States that creates highly customized loyalty and customer loyalty programs for some of the travel, entertainment, retail, retail and nation’s most successful retail and affinity. The bank offers co-branded credit cards, small business credit cards, installment loans, POS financing, online savings accounts and CDs. For more information, please visit www.BarclaysUS.com.
Barclays is a British universal bank. We are diversified by business, by different types of clients and customers, and geographically. Our businesses include worldwide consumer and payment banking operations, as well as a leading, full-service global corporate and investment bank, all of which are backed by our services company which provides the technology, operations and functional services across the Group. For more information about Barclays, please visit www.barclays.com.