Mastercard & Bank of America Support Small Business Growth with Launch of Second Annual “Grow Your Biz Contest”
September 05 2018 - 10:32AM
Business Wire
Four finalists will pitch their business to the
Grow Your Biz Panel for the opportunity to win $25,000 and
industry-expert consultation
Sixty percent of small businesses nationwide are planning to
grow their businesses over the next five years*. Mastercard and
Bank of America want to help them do just that with the launch of
the second annual Grow Your Biz Contest, a call to action for small
business owners from across the country to pitch their business for
the opportunity to win $25k and business consultation with industry
experts.**
“At Bank of America, we’re committed to supporting the ideas,
goals and unique banking needs of small businesses throughout the
nation,” said Sharon Miller, head of small business at Bank of
America. “Grow your Biz is a great opportunity to consult an expert
and access capital for your business. Every minute matters when you
run a business, so we’ve made participation as simple as possible.
I look forward to hearing from small businesses across the country
about their plans to grow.”
To enter the Grow Your Biz Contest, small business owners must
answer the simple question, “How will you grow your small
business?” by submitting a video (up to 1 minute) online.
From the submissions, four finalists will be identified for
their creativity and business strategy to receive a $1,000
Mastercard prepaid card, one-on-one business consultation with
industry experts and the opportunity to pitch their businesses to
the Grow Your Biz Panel during the final event in New York City on
November 8, 2018.
“We are thrilled to take the Grow Your Biz Contest to a national
level and extend this opportunity to small businesses across the
country,” said Ginger Siegel, Head of North America Small Business,
Mastercard. “By collaborating with Bank of America, we can provide
small businesses with holistic solutions and tools to meet their
business, consumer and community needs.”
We’ve gathered a panel of expert judges for the Grow Your Biz
Contest finalists to present to including Create and Cultivate CEO
Jaclyn Johnson, host of CNBC’s “Cleveland Hustles” Bonin Bough,
Head of North America Small Business for Mastercard Ginger Siegel
and Northeast Small Business Divisional Executive for Bank of
America Kevin Kelly. The judges will provide all finalists with
individual consultation sessions and select one grand-prize winner
who will receive $25,000 to pursue their business plan.
Last year's Grow Your Biz Contest focused on the Boston market
where four finalists demonstrated great enthusiasm the desire to
grow and grow smart. From Intriguing Hair’s beautifully styled
hair, Birch Baby’s organic baby products, Paddy Wagon’s inflatable
pubs, and the Grow Your Biz Contest winner More to Love’s inspiring
mindfulness, each finalist showed their unique value and how they
planned to take their business to the next level - all they needed
was a jump start with the proper tools and resources.
Mastercard and Bank of America continue to make it a priority to
deliver the right resources that help give small business owners
the competitive advantage to grow smart and expand successfully,
including small business rewards and benefits as seen through the
recently introduced Bank of America Relationship Rewards.
About the Grow Your Biz Contest
**NO PURCHASE NECESSARY. Void where prohibited. Open to small
business owners in the 50 US and DC, 18+. Ends 9/30/18.
Restrictions apply. Click here for Official Rules.
About Mastercard
Mastercard (NYSE:MA), www.mastercard.com, is a
technology company in the global payments industry. Our global
payments processing network connects consumers, financial
institutions, merchants, governments and businesses in more than
210 countries and territories. Mastercard products and
solutions make everyday commerce activities – such as shopping,
traveling, running a business and managing finances – easier, more
secure and more efficient for everyone. Follow us on
Twitter @MastercardNews, join the discussion on
the Beyond the Transaction
Blog and subscribe for the latest news on
the Engagement Bureau.
About Bank of America
Bank of America is one of the world’s leading financial
institutions, serving individual consumers, small and middle-market
businesses and large corporations with a full range of banking,
investing, asset management and other financial and risk management
products and services. The company provides unmatched convenience
in the United States, serving approximately 67 million consumer and
small business clients with approximately 4,400 retail financial
centers, including more than 1,700 lending centers, more than 1,900
Merrill Edge investment centers and more than 1,300 business
centers; approximately 16,100 ATMs; and award-winning digital
banking with approximately 36 million active users, including 25
million mobile users. Bank of America is a global leader in wealth
management, corporate and investment banking and trading across a
broad range of asset classes, serving corporations, governments,
institutions and individuals around the world. Bank of America
offers industry-leading support to approximately 3 million small
business owners through a suite of innovative, easy-to-use online
products and services. The company serves clients through
operations across the United States, its territories and more than
35 countries. Bank of America Corporation stock (NYSE:BAC) is
listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements
and other important information, visit the Bank of America
newsroom. Click here to register for news email alerts.
* As sourced in the spring 2018 Bank of America Small Business
Owner Report
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180905005625/en/
Mastercard CommunicationsSarah Ely,
914.249.6714Sarah.ely@mastercard.comorBank of America
CommunicationsDon Vecchiarello,
980.387.4899Don.vecchiarello@bankofamerica.com
Bank of America (NYSE:BAC)
Historical Stock Chart
From Aug 2024 to Sep 2024
Bank of America (NYSE:BAC)
Historical Stock Chart
From Sep 2023 to Sep 2024