Entries Categorized as 'funding your business'

Do You Qualify for a SBA Patriot Express Pilot Loan?

Date July 23, 2007

It’s being billed as the loan for members of the military community who want to start a new business or expand a current one, however don’t discount the SBA’s newest offering because you are not active military, read on.

Patriot Express Pilot Initiative loans are being offered through the Small Business Administration conjunction with a network of lenders. These loans can be used for startup, expansion, equipment purchases, working capital, inventory and even for business-occupied real estate purchases.

Please tell me more! »

Win a $20,000 Grant From Whirlpool

Date July 21, 2007

The Whirlpool Corporation is again running it’s Whirlpool Brand Mother of Invention Grant program. If you are a mom with a great product innovation, invention, service or business idea, you should enter this competition.

What kind of idea you ask–well, make sure you don’t send any ideas about appliances. Those will be disqualified. Whirlpool is looking for all new product innovation, invention, service or business ideas except those about appliances or appliance components.

According to the website, ” the 2007 Whirlpool Brand Mother of Invention Grant will provide moms with the necessary business resources, such as seed money and expert advice, helping to make business dreams a reality”.
Please tell me more! »

Visa Business Breakthrough Contest

Date July 4, 2007

I will be listing grants, micro-loan sources and any business contests that will provide cash flow into a small business on a weekly basis. Here’s a contest for those already in business.

The Visa Business Breakthrough Challenge.

Entry requires that you submit an essay, maximum 500 words, explaining how you think your business could be more efficient in one of the five areas listed on the Breakthrough site. Five winners will be chosen, one from each of the five categories.

Deadline to enter: September 30, 2007
Prize package worth: US$10,000

Entry Requirements:

 
 

   
Your business must have an EIN/TIN to qualify
  You must have 100 employees or less
 
  Your annual revenues must be $25M or less
 
  You must have a Visa Business card for your business and also accept Visa at your business (if applicable)

See the additional details and entry form on the Business Breakthrough site: http://businessbreakthrough.onlinepromo.com

Also, check here for the archive of funding sources listed on this blog to date.

UPS Small Business Contest

Date July 3, 2007

United Parcel Service (UPS), the company we know here in the U.S. as “brown” is sponsoring their UPS Small Business Contest again this year. This contest is focused on finding small businesses that transformed ideas into business success stories. Business’ 2006 revenue had to have been between
US $25,000 and US $10 million in order to compete in this contest.

Prizes
2007 prizes are as follows:

  • First place: US$25,000 in cash, printer and PC with UPS shipping tools
    Second place: US$10,000 in cash, printer and PC with UPS shipping tools
    Third place: US$5,000, printer and PC with UPS shipping tools
  • In honor of UPS celebrating its 100th anniversary, a one-time only special prize of US$10,000 will be awarded to the company best exemplifying the “end-to-end service” theme of UPS’s Centennial celebration.

    Deadline for entry : September 1, 2007

    Contest is open to entities conducting business in the following countries:

      one of the 50 United States,
      Canada
      Mexico
      Philippines
      People’s Republic of China
      Singapore

      Visit the small business contest site for details and the entry form.

    Also, check here for the archive of funding sources listed on this blog to date.

    Microlenders only source of funding for many small business owners

    Date June 19, 2007

    Prospective business owners are always concerned about where they will find money to start their business. Consider this…

    Several years ago after Merlinda Sedillo Welch’s chile and salsa both won blue ribbons at the New Mexico State Fair, she decided to turn her grandmother’s secret recipe into a business venture. But when she approached the bank where she had maintained all her financial relationships for close to twenty-five years with a loan request, they turned her down flat.

    “I still remember how devastated I was after that experience,” Ms Sedillo Welch said during a recent telephone interview. Today, Merlinda’s chile and salsa products are sold in many stores throughout Albuquerque, New Mexico and via her web site. How did she do it?

    Please tell me more! »