Barclays Reveals Winners of Third "Small Business Big Wins"
Barclays National Small Business Week

Barclays Reveals Winners of Third “Small Business Big Wins”

Earlier this year, Barclays announced that it was launching its third annual “Small Business Big Wins” promotion — which was also set to be its largest yet. After the bank selected 10 finalists, the public had the chance to vote for the business they thought should take the top prize. Now, just in time for National Small Business Week, Barclays has revealed the slate of winners.

With the results of the vote tallied, this year’s grand prize winner was Sunhee’s Farm and Kitchen. The Troy, New York-based restaurant serves authentic Korean cuisine via dine-in, take-out, and catering. Moreover, as Barclays notes, Sunhee’s Farm and Kitchen not only employs immigrant Americans but also offers free virtual English classes for adults. As the winner of the contest, Sunhee’s will be awarded a $60,000 grant.

Taking home the $40,000 second prize was the unique grocer Dixon Cooperative Market in Dixon, New Mexico, while Atlanta’s own Beautiful Curly Me custom doll shop was awarded the $20,000 third-place prize. Additionally, Pittsburgh-based Happy Day Dessert Factory, D.C.’s KnoNap, Memphis’s Mickey’s Popcorn, Brooklyn’s Rose Sisters Clips, and Wowzitude of Woodcliff Lake, New Jersey were all presented with $5,000 grants as finalists. Another 50 randomly-select small business entrants were also awarded $2,000 each, bringing the total prize money to $255,000.

Speaking to the impact of this year’s promotion, Barclay’s Director of US Business Cards Jill Neilson said, “Small businesses were forced to adapt during the pandemic and now face tough economic conditions. Our annual contest supports and provides capital to small businesses who play a critical role in fueling our economy and providing jobs and services to our communities.”

Sunhee’s Farm and Kitchen owner Jinah Kim commented on what the award means to her, stating, “We are incredibly grateful to our supporters in the community who rallied behind us during the voting process. A big mission for us is working with immigrants and providing educational programming and professional development. This cash influx from Barclays will enable us to bolster these programs and reach more people in our community.”

All in all, it looks as though the third annual Barclays Small Business Big Wins contest was a success. Surely the grant money awarded to the 10 finalists as well as the other selected winners will go a long way in helping them grow and sustain their businesses. Hopefully, the enthusiasm surrounding this latest promotion will also mean that Barclays will unveil a fourth edition soon (or next year). In the meantime, to learn more about each of the awarded businesses, profiles for each can still be viewed on the Small Business Big Wins site.

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: Amazon.com, 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...