Where did you pick up your dry cleaning today? Or grab those flowers on your way home from work? Chances are you went to a local small business. Small businesses have been fueling the economy for years, providing niche products and services with personal style. According to the SBA Office of Advocacy, small businesses created nearly 12 million net new jobs between 1993 and 2011.
While we are dedicated to helping small businesses all year-round, this week we give special thanks for all your hard work and personal dedication.
Each year, businesses across the U.S. produce goods and provide services that are in high demand – in the U.S. and across our borders. In fact, according to the U.S. Small Business Administration, 97 percent of all exporters are small businesses.
To celebrate small business success in international exporting, and to increase awareness of government assistance available for small business exporters, the Office of International Trade at the SBA and Visa invite small businesses to share their export story via a three minute video. The winning video in accordance with the Official Rules will be awarded $10,000.
The contest opens February 25 and runs through April 5. Details on the video challenge can be found at exportvideo.challenge.gov. All eligible videos will be scored by a panel assembled by the SBA and will select a total of five winning videos from the following categories:
Winners will be awarded cash to help with their business, and could receive an additional $1,000 for travel reimbursement to attend the awards ceremony in may in Denver, CO.
1st Place: $10,000
2nd Place: $8,000
3rd Place: $6,000
4th Place: $4,000
5th Place: $2,000
Check out last year’s winning video!
The video submission deadline to enter your small business is April 5th by 5:00 p.m. EDT. Visit exportvideo.challenge.gov for more information, to see the Official Rules and to enter to win.
We all interact with small businesses every day. Whether visiting your local dry cleaner, or eating at your favorite local restaurant – small businesses drive the American economy. At Visa, we appreciate the importance of small businesses to our nation’s economy and we’re committed to continuing to play a vital role in their success. While small business owners service their customers every day, the month of May – often referred to as Small Business Month – gives us a chance to pay special tribute to their achievements and honor their hard work.
From San Francisco to Washington D.C., we were proud to show our support for small businesses at several events. In San Francisco, Visa sponsored the San Francisco Business Journal’s Small Business Breakfast Summit earlier this month and hosted workshops on social media and mobile technology during San Francisco’s Small Business Week. In Washington D.C., during the SBA’s National Small Business Week conference, Visa hosted the Champion Awards Dinner honoring individuals and organizations dedicated to supporting small businesses.
Throughout the events, we connected with hundreds of small business owners and were inspired by their stories. Demonstrating passion, perseverance and dedication, they reminded us why they are the backbone of economies around the world. At Visa, we celebrate the achievements of small business owners worldwide and we are excited to be a part of their continued success.