Mastercard Launches “Grow Your Biz Contest” to Support Small Businesses

The Grow Your Biz Panel will select four finalists to pitch their business for the opportunity to win $25,000 and world-class business expertise

PURCHASE, NY – October 18, 2017 – Today Mastercard launched the Grow Your Biz Contest in support of Bank of America Business Advantage, calling all Boston area small business owners to pitch their businesses for the opportunity to win $25,000 and expert one-on-one advice.[1][2]

“Growing and expanding business capabilities is always a primary focus for small business owners,” said Kevin Kelly, New England Small Business Division Executive at Bank of America. “Together with Mastercard, we provide the resources that give small businesses a competitive advantage to achieve successful and sustainable growth.”

Small business owners are more confident and optimistic than ever before. According to the Bank of America Spring 2017 Small Business Owner Report[3], it is estimated that more than half of small businesses nationwide are planning to grow their businesses over the next five years. Mastercard and Bank of America are making it a priority to help these small businesses grow – and grow smart.

“It’s our mission to help small businesses get a jump start on taking their business to the next level,” said Ginger Siegel, Head of North America small business, Mastercard. “By partnering with Bank of America we can deliver the tools and solutions that this important and growing segment needs to make that happen.”

To enter the Grow Your Biz Contest, Boston area small business owners must answer the question, “How do you plan to grow your small business?” by either:

  • Submitting a video (up to 30 seconds) online[4] or
  • Sharing a video on Twitter using the #GrowYourBizContest hashtag

Four finalists will receive a $1,000 Mastercard prepaid card and the opportunity to pitch their businesses to the Grow Your Biz Panel live in Boston on December 4, 2017.

The Grow Your Biz panel includes certified mentor for SCORE Barry Charton, host of CNBC’s “Cleveland Hustles” Bonin Bough, Head of North America Small Business for Mastercard North America Ginger Siegel and New England Small Business Division Executive for Bank of America Kevin Kelly. The judges will select one grand-prize winner who will receive a one-on-one business consultation with a Bank of America small business expert and $25,000 to pursue their business plan.

Mastercard and Bank of America together are helping equip small business owners with the right tools and resources to drive their businesses forward and grow smart.

About the Grow Your Biz Contest

No purchase necessary. Void where prohibited. Open to small business owners in the Greater Boston Area, 18+. Ends November 3, 2017. Restrictions apply. Click here[5] for Official Rules and complete details.

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