Barclays Announces Third "Small Business Big Wins" Contest
Barclays Small Business Big Wins logo

Barclays Announces Third “Small Business Big Wins” Contest

Small businesses looking to add some bonus funds to their coffers may be interested in a newly-opened contest. Today, Barclays announced the launch of its third annual “Small Business Big Win” promotion.

This time around, the company will once again be doling out a total of $255,000 in prize money to dozens of winning businesses. One grand prize winner will be awarded $60,000 followed by $40,000 for second place and $20,000 for third place. Additionally, seven runner-up businesses will win $5,000 each and 50 sweepstakes prize winners will be awarded $2,000 each.

Submissions for this year’s Small Businesses Big Wins contest are now open and will be accepted through February 28th. To apply, small business owners can enter an essay of up to 500 words as well as a photograph that highlights their business journey. Following the February 28th submission deadline, 10 finalists will be chosen. Then, the public will be able to vote for these finalists from April 1st through April 10th. Although the top prizes will go to businesses among these finalists, all eligible submissions will be entered to win one of the randomly-selected $2,000 prizes.

Applying businesses must be owned by a legal United States resident who is at least 18 years old. Additionally, businesses must have been opened or established before January 10th, 2022 to be eligible. Furthermore, Barclays defines a small business as having fewer than 100 employees with annual business revenues of $5 million or less.

The 2023 installment of Barclays’ contest follows a successful sophomore edition in 2022, which saw more than 4,750 entrants. Last year’s grand prize went to Ashland Birth Center of Ashland, Wisconsin. Second and third-place prizes went to Nordic-Knot of Reston, Virginia and Superfit Hero of Riverside, California respectively.

Announcing the third annual Small Businesses Big Wins content, Barclays U.S. Consumer Bank’s Director of U.S. Business Cards Jill Neilson said, “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. 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.”

During the pandemic, small business contests such as these seemed to grow in popularity, with several different banks and organizations offering their own version. While things may have improved since those direst of days, it’s great to see Barclays continuing its efforts by rolling out this third contest. With significant top prizes on the line and numerous smaller prizes available to randomly selected winners, small businesses should definitely consider submitting their applications on Barclays’ site before February 28th.

Leave a Reply

The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox

A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...
Brim logo

Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
Chase Freedom Flex card

Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories:, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...
Rent Day

Bilt Announces Home Collection Deal for May 2024 Rent Day

For May's Rent Day, Bilt is offering a deal that will allow members to decrease their rent bill while also adding to their home decor. About the Home Collection offer: Bilt has crafted a unique Rent Day offer for May 2024. Through the 1st, when Bilt members redeem their points toward rent payments, they'll receive the same number of points to be used toward Bilt Home Collection items. To take...