For the second consecutive year, OnDeck® has launched its Barbara Corcoran Seal of Approval Contest. Designed to help three entrepreneurs take their businesses to the next level, winners will be awarded a $10,000 prize and a one-on-one coaching session with Shark Tank investor and real estate mogul Barbara Corcoran.
The three winners will receive:
- $10,000 to invest in their business, courtesy of OnDeck
- An in-person strategy session with Barbara in New York City* or via live video conference
- Social Media promotion of their business by both Barbara and OnDeck
The Contest seeks to help small businesses overcome one of the biggest hurdles they face on their path to growth: access to capital. Getting capital can be a time-intensive process for American entrepreneurs. In fact, according to the Federal Reserve Bank, business owners spend on average 33 hours searching and applying for credit from traditional sources – with no guarantee of approval.
Last year’s Contest winners, The Gents Place (Dallas, TX), The Sugar Path (Geneva, IL), and BodyworksBall™ (Brick, NJ), have all made major strides over the past year thanks in part to Barbara’s coaching and the prize from OnDeck. One of last year’s winners, BJ Dowlen, the Founder and President of BodyworksBall™, credits the Seal of Approval Contest for helping propel a momentous year for her business. Not only is BodyworksBall™ now distributed in Made in America Stores across the country, but BJ has also landed two book deals to elevate her professional profile.
How to Enter the Barbara Corcoran Seal of Approval Contest
Subject to the official contest rules, anyone with an existing business can enter to win. The contest runs through November 14, 2016. Entrants will be asked how they would use the $10,000 and advice from Barbara Corcoran to grow their business. Entrants should show passion, drive, and a vision for growing their business. Entrants may submit photos and a writing description of how they would use $10,000 and advice from Barbara Corcoran to grow their business on OnDeck’s Facebook contest page.
The contest submissions will be judged by Barbara Corcoran, OnDeck CEO Noah Breslow, and David Bobbit, the President of SCORE.
Ready to apply for the opportunity to meet a Shark and grow your business?
Visit Facebook OnDeckCapital for additional information, including a link to the official contest rules, and to enter the Contest.