Chase Offers Small Businesses a Chance at $250,000 and a Trip to Google
Money can’t fix everything, but if you're a small-business owner, an extra $250,000 can't hurt.
Chase launched a contest today that offers a dozen small businesses the chance at a $250,000 grant, a new Chromebook Pixel laptop and two days of marketing and business development help from the experts at Google, according to a blog post written by Jon Kaplan, Google's vice president of U.S. sales and operations. Google is the lead sponsor on the contest.
The program, called Mission Main Street Grants, is open to businesses that have been open for at least two years and have less than 100 full-time, year-round employees. Applications are due by the end of the October at which point applicants will have until November 15 to gather 250 digital Facebook “votes” to be entered into the competition.
From there, a panel of small-business experts, including executives from Chase and Google in addition to representatives from business organizations such as the U.S. Chamber and the National Federation of Independent Business, will select the 12 winners. The final grants will be announced in January of 2014.
To apply, a business owner has to compose five essays, answering questions like, “What inspired you to get started?”, “How is your business involved with the community?” and “What would you do with $250,000?” The grants are not available to nonprofits.
Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at Entrepreneur.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.