America’s Favorite Small Business contest is a thrilling new opportunity tailored for the nearly 27.3 million small businesses operating across the United States. Sponsored by Dell in collaboration with MasterCard and Microsoft, this small business competition invites entrepreneurs to share their unique stories while competing for valuable prizes totaling $75,000. As many small businesses struggle to access essential small business technology and grants, this contest offers a chance to invest in the tools necessary for growth and competitiveness. Participants can showcase how they would utilize cutting-edge Dell computers and financial resources from MasterCard to elevate their business operations. Ultimately, America will decide the winner through public voting, making it a community-driven event that celebrates entrepreneurship and innovation.
The America’s Favorite Small Business contest presents an exciting platform for local enterprises eager to showcase their potential and creativity. Aimed at boosting the small business sector, this initiative by Dell encourages participants to tell their unique stories while competing for substantial rewards, including top-tier computer technology. With small business support becoming increasingly important due to economic challenges, this competition shines a light on the innovative spirit of entrepreneurship. Companies have the chance to win not only financial help but also the latest advancements in technology that can revolutionize their operations. Engaging with this contest allows small businesses to not only enhance their visibility but also connect with a wider audience eager to champion their success.
Understanding the Landscape of Small Businesses in America
With approximately 27.3 million small businesses operating in the United States, including a significant number of farms and sole proprietorships without payroll employees, the small business landscape is incredibly diverse. The data from the US Census Bureau indicates that while there are millions of small businesses, only around 5.9 million have employees, and a vast majority of these are very small, employing fewer than five individuals. This key statistic underscores the challenges these small enterprises face, especially during economic downturns, where they often struggle to maintain operations and workforce numbers.
The current economic climate places immense pressure on small business owners. In fact, statistics show that small businesses with fewer than 20 employees generated only 38,000 new jobs in the final quarter of 2010. This alarming trend not only highlights the stagnation in job creation but also raises concerns about the sustainability of these small businesses. Many owners find themselves unable to invest in essential technology upgrades or replace outdated equipment, which could be pivotal for survival and growth.
Frequently Asked Questions
What is America’s Favorite Small Business contest?
America’s Favorite Small Business contest is a small business competition sponsored by Dell, MasterCard, and Microsoft. It offers small businesses the opportunity to win $75,000 in prizes, including Dell computers and prepaid MasterCard cash, while sharing their stories and plans for using the prizes to enhance their operations.
How can I enter the America’s Favorite Small Business contest?
To enter the America’s Favorite Small Business contest, participants can submit videos showcasing their business and explaining how they would use the contest prizes. You can submit your entry through the official contest YouTube site or the contest’s Facebook page.
What prizes are offered in the America’s Favorite Small Business contest?
The contest offers a total of $75,000 in prizes. This includes $25,000 worth of Dell computers equipped with Windows 7 Professional and Office Home and Business 2010, alongside $50,000 in prepaid MasterCard funds.
Who determines the winner of America’s Favorite Small Business contest?
The winner of America’s Favorite Small Business contest is determined by a panel of judges who select 10 finalists. However, the final decision is made by popular vote, allowing contestants’ stories to resonate with the public and influence the overall outcome.
What are the eligibility criteria for America’s Favorite Small Business contest?
To be eligible for America’s Favorite Small Business contest, participants must be small businesses based in the United States. The contest particularly encourages businesses that may struggle with technology investments or have unique storytelling aspects.
Why is America’s Favorite Small Business contest important for small businesses?
America’s Favorite Small Business contest is important as it provides critical support to small businesses by offering substantial prizes that can help them acquire essential technology. This initiative fosters entrepreneurship and aids small businesses in thriving amidst economic challenges.
What role do storytelling and video submissions play in America’s Favorite Small Business contest?
Storytelling and video submissions play a crucial role in America’s Favorite Small Business contest as they allow participants to showcase their unique business narratives. This not only engages potential voters but also highlights how the businesses plan to utilize the contest prizes effectively.
How can small businesses benefit from participating in the contest?
Participating in the America’s Favorite Small Business contest provides small businesses with the chance to gain visibility, access valuable technology resources, and potentially receive financial support, which can significantly enhance their operations and competitive edge.
What support does Dell provide for small businesses through the America’s Favorite Small Business contest?
Dell supports small businesses through the America’s Favorite Small Business contest by providing valuable technology prizes, including computers that can enhance productivity. The contest also promotes awareness of small business challenges and highlights their innovative solutions.
Where can I find more information about America’s Favorite Small Business contest?
More information about America’s Favorite Small Business contest can be found on the official contest YouTube site and the dedicated contest Facebook page. These platforms provide details on eligibility, submission guidelines, and updates throughout the contest.
| Key Points |
|---|
| The U.S. has approximately 27.3 million small businesses, primarily farms and sole proprietorships without payroll employees. |
| 5.9 million small businesses have payroll and 3.62 million employ fewer than five people. |
| The economic crisis has led to many small business closures and limited hiring abilities. |
| Small businesses generated only 38,000 net new jobs in Q4 2010. |
| Lack of resources prevents many from upgrading technology and remaining competitive. |
| Dell, in partnership with MasterCard and Microsoft, sponsors the America’s Favorite Small Business contest. |
| Contest offers $75,000 in prizes, including $25,000 in Dell computers and $50,000 prepaid MasterCard. |
| Focus on storytelling; businesses must explain the use of prizes and share their story. |
| 10 finalists will be selected by judges, and the public will vote for the winner. |
| More information and submissions can be found on YouTube and Facebook. |
Summary
America’s Favorite Small Business contest is a fantastic opportunity for small businesses across the nation to showcase their potential and creativity. In light of the economic challenges that many small businesses face today, including the need to upgrade outdated technology and the struggle for job growth, this contest offers a much-needed lifeline. With substantial prizes totaling $75,000 and a focus on storytelling, participating businesses can not only gain essential resources but also connect with a broader audience. By sharing their unique stories, small businesses can engage potential customers and supporters who resonate with their journey. Don’t miss out on the chance to be part of this inspiring event!