Kapitus, a leading provider of financing for small and medium sized businesses, recently announced its inaugural Building Resilient Businesses (BRB) Contest, which will award $250,000 to small business owners across the US. Small businesses are a vital part of the everyday lives of Americans, and Kapitus wants to give back.
“Kapitus has worked with the small business community for over 16 years, helping them to overcome struggles from environmental disasters, social inequities, economic down-turns, and global health crises,” Josh Jones, Chief Revenue Officer of Kapitus, said. “We are inspired by the incredible resilience we have seen from small businesses, particularly over the last couple of years, and have launched the BRB Contest as an extension of our dedication to supporting their needs during this economically challenging time.”
Contest Submissions & Awards
The contest opened for submissions on May 2, 2022, in line with the start of National Small Business Week. To enter, companies will need to submit a video sharing their small business story and how $100,000 would help them to continue writing that story. The submission deadline is June 30, 2022.
Following a judging round from the Kapitus team, and then a public voting round, winners will be announced on August 23, 2022. A total of seven prizes will be awarded — one 1st place prize of $100,000, one 2nd place prize of $50,000, and five 3rd place prizes of $20,000. All winners will also receive an eight-hour advisory session in one of the following areas: digital marketing, finance management, or data analytics.
“During these challenging times, addressing the financial help and educational resources needed for business continuity is more important than ever,” Andrew Reiser, Chief Executive Officer of Kapitus, said. “We created the BRB contest, and larger initiative, to help the small business community overcome these challenges and continue to thrive for years to come.”
Continued Support for Small Businesses
The contest is just the first of many projects that will be part of Kapitus’ larger BRB initiative, aimed at giving back to the small business community. The goal of the ongoing initiative is to help businesses grow strong through financial support, educational resources, tools, and volunteer programs that help businesses bounce back from crises. Kapitus has also created groups on Facebook and LinkedIn to give small businesses a private and dedicated space to continuously learn and connect with fellow business owners and to get access to ongoing information and resources to help them run their business.
For additional details on the BRB Contest, including qualifications and submission guidelines, visit Kapitus.com/brb.