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OnDeck Challenge to Award Small Businesses With Funds

ONWARD Denver contest will name three winners


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OnDeck, an online small business lender, is hosting the OnDeck ONWARD Denver Challenge, where small businesses in metro Denver can enter to win a cash prize of up to $10,000. 

To enter and see the complete list of rules, visit  www.ondeck.com/DenverChallenge

“Denver boasts one of the fastest-growing economies in the country, and small business owners are the backbone of this explosive growth,” Cory Kampfer, OnDeck’s COO officer says. “Our Denver office is a hub of OnDeck business activity, employing over 200 people and our company has lent over $267 million to Colorado small businesses. With the debut of the ONWARD Denver Challenge, we are strengthening our commitment to help local small business owners continue their tremendous contributions to Denver’s economy.”

To participate in the OnDeck ONWARD Denver Challenge, small business owners are asked to submit responses to several questions like why they chose Denver to start their small business and what owning a business in Denver means to them. Based on their answers, a panel of local judges will select the top three finalists, who will be awarded $10,000, $5,000 or $3,000 to help them grow their business.

To qualify, the small business must have been in operation for at least a year, headquartered in the metro Denver area and have generated at least $100,000 in revenue in the last year. Business owners can enter to win before April 3, 2019. Finalists for the OnDeck ONWARD Denver Challenge will be announced on April 8 and on April 24, finalists present to a panel of judges and three business owners will be announced as winners.

The local judges for the OnDeck ONWARD Denver Challenge include:

  • Kimberly States, Better Business Bureau serving Greater Denver and Central Colorado
  • Abram Sloss, Executive Director of the Denver Metro Small Business Development Center
  • Cory Kampfer, Chief Operations Officer and General Counsel, OnDeck

 

About OnDeck: OnDeck (NYSE: ONDK) is an online lender to small businesses. Founded in 2006, the company pioneered the use of data analytics and digital technology to make real-time lending decisions and deliver capital rapidly to small businesses online. Today, OnDeck offers a wide range of term loans and lines of credit customized for the needs of small business owners. OnDeck has provided over $10 billion in loans to customers in 700 different industries across the United States, Canada and Australia. The company has an A+ rating with the Better Business Bureau and is rated 5 stars by Trustpilot. For more information, visit www.ondeck.com.

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