The Small Business Challenge™, a competition sponsored by crowdfunding platform EarlyShares.com in conjunction with lonelybrand and CometAds, launched September 1st and will reward the top three companies that show the most promise. Submissions for companies ranging from 1 to a 100 employees have been seen from every region of the United States, including Alaska, reinforcing the current demand for small business funding across the country. Nicholas Kinports, digital strategy lead and founder at lonelybrand. "We are proud to be a sponsor of this exciting contest, and we look forward to helping the winning companies find success with digital marketing.”
To qualify for the contest, businesses must submit an application at SMBchallenge.com and receive at least 100 votes from their supporters through social media and email campaigns. The submission, nomination and voting process began September 1st and will continue until October 31st.
After the initial voting period ends, the 25 companies with the most votes will be automatically named semi finalists. Then, a judging panel will select another 25 companies that demonstrate the most job-creating potential. After the top 50 semi finalist companies are selected, the panel will gather additional information about the company and its leadership team, in order to select the top 10 finalists. The three prize winners will be chosen by voters between November 2nd and 7th.
EarlyShares.com, an Equity Based Crowdfunding platform formed in 2011, creates a space which helps entrepreneurs find online funding from a crowd of investors in exchange for small amounts of share ownership. Act was signed into law in April 2012, will become a regulated investment option in 2013.
lonelybrand provides digital marketing and communications solutions for mid to large-sized companies designed to increase brand awareness, connect with customers and shareholder, while dramatically increasing digital revenue. The company offers turnkey digital blueprints and experts to execute advanced online marketing programs that allow executives to focus on what matters most.
CometAds is an all-in-one solution that gives advertisers, agencies and web publishers the ability to create and publish video and display advertisements quickly and economically. The powerful CometAds ad builder is perfect for users who want to create, distribute and monetize their advertising content online.
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