Capital One announces Bayou Classic business challenge
23rd October 2014 · 0 Comments
New Orleans, LA – Capital cash for cellphone One Bank announced this week its Capital One Bank Bayou Classic Business Plan competition, which it hopes will help small businesses in Louisiana grow and create jobs. The competition will run in conjunction with this year’s Bayou Classic and award a total of $60,000 in cash prizes to small businesses within the state.
The competition will feature two categories: Category No. 1 will be for businesses with annual revenues of less than $250,000, and Category No. 2 will be for businesses with annual revenues of between $250,000 and $1 million.
Capital One bank officials and area university business faculty will judge business growth plans at the regional level. Twelve businesses, judged to be the most creative, innovative cash advance 27613 and likely to succeed in growing their business and creating jobs in Louisiana, will be selected to go on to the competition. During that competition, each contender will make an oral presentation in front of a panel of community and business leaders.
Finalists in the statewide competition for both categories will make oral presentations at the Capital One Bank Bayou Classic Business Growth Plan Competition on Nov. 28 at the downtown Hyatt Regency in New Orleans. Winners will be announced on the field during the nationally televised Bayou Classic football game on Nov. 29. Each category winner will receive a cash prize of $25,000. The businesses finishing in second place will each receive a cash prize of $5,000.
bingo payday advance “At Capital One Bank, we are committed to Investing for Good in Louisiana communities, connecting our company’s people and financial resources to education, financial literacy and small business and workforce development,” said Rob Stuart, Capital One Bank Louisiana State President. “The Bayou Classic is a Louisiana tradition, and the Capital One Bank Bayou Classic Business Plan Competition is a great example of how Capital One brings Investing for Good to life for small businesses in Louisiana. We’re pleased to partner with Louisiana SBDC, ACCION Louisiana and Money Management International to offer this competition and support the Bayou Classic.”
To be eligible for the competition, businesses and their owners must:
• Have annual revenues of less than $250,000, to compete in category No. 1, or between $250,000 and $1 million, to compete in category No. 2.
• Be based in Louisiana.
• Have owned the business since before Oct. 31, 2013.
• Submit a letter of intent by Oct. 31, 2014.
• Submit a business growth plan by Nov. 7, 2014.
Additionally, those interested in participating in the competition must attend one of two business development workshops offered on October 24 or October 25 in any of the following Louisiana cities: Baton Rouge, New Orleans or Shreveport.
To learn more about the competition, training times and locations, contact Capital One Bank by email at BayouClassicBusinessChallenge@capitalone.com.
The training dates and locations for the three cities are:
Greater where is the best place for a personal loan New Orleans
Louisiana Small Business Development Center
9 a.m.-1 p.m., Oct. 24 and Oct. 25
UNO Jefferson Center
3330 N. Causeway Blvd., Rm. 317
Metairie, LA 70002 (parking is free)
Xavier University of Louisiana – Convocation Center Annex
9 a.m.-1 p.m., Oct. 25
3775 Fern Street, Rm. 111
New Orleans, LA 70125
Shreveport
CoHabitat Foundation
9 a.m.-1 p.m., Oct. 24
500 Clyde Fant Parkway
Shreveport, LA 71101
Convention Center
9 a.m.-1 p.m., Oct. 25
400 Caddo Street
Shreveport, LA 71101
Baton Rouge
American Red Cross
9 a.m.-1 p.m., Oct. 24
4655 Sherwood Common Blvd.
Baton Rouge, LA 70816
Louisiana Small Business Development Center
9 a.m.-1 p.m., Oct. 25
616 Harding Boulevard
Baton Rouge, LA 70807
