Earlier today, Fora Financial announced the start of its “Project Small Biz,” a contest that will award $5000.00 to one small business. Fora Financial hopes that this contest will help them gain greater insight into what small businesses need in today’s competitive market. The organization, founded in 2008, has granted over $145 million to its 4000 customers.
To enter the “Project Small Biz,” organizations must submit a photo of their business along with a short description of how Fora Financial could help either grow or sustain the organization. Submissions must be posted to Fora’s Facebook page between 12:01 am, Jan 6, 2014 and 11:59 pm, Jan 19, 2014 (Eastern Time) to be eligible for the next round. Ultimately, the winner will be chosen based on the number of likes on their post.
“We decided to create this contest using a popular social media channel to become acquainted with more small businesses nationwide,” CEO and Founder, Jared Feldman said. “We’ve never seen a contest like this in our industry. My team and I are very excited and interested to learn about small businesses across the country that we could possibly assist in funding, whether it’s for growth or to sustain the business. Many small business owners are not familiar with other financing options aside from banks, such as direct providers of working capital like Fora Financial.”
