Bay Sellers Challenge to Spark Entrepreneurial Spirit
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eBay launched the eBay Sellers Challenge, a unique initiative with a simple goal: empower and inspire entrepreneurs to grow existing businesses – or start new ones – on eBay. The Sellers Challenge asks entrepreneurs to answer a simple question: “How would you use $25,000 to grow – or start – an eBay business?” Four winners will each receive a $25,000 business grant, along with marketing advice and assistance from eBay.
Entrants are encouraged to submit a business plan and an accompanying video in one of four categories:
- Current or former members of the Unites States armed forces;
- Individuals or small businesses who have not sold on eBay;
- Part-time sellers who want to go full-time on eBay; and
- Full-time eBay sellers who want to grow their business further.
Submissions will be evaluated by eBay and the Ewing Marion Kauffman Foundation, the world’s largest foundation devoted to entrepreneurship.
Each of the four challenge winners will receive a $25,000 business grant from eBay, as well as marketing services and support from eBay; runners-up will each receive a $5,000 grant.
Both established and aspiring entrepreneurs are encouraged to visit http://sellerschallenge.ebay.com, through July 7, 2009, to submit their business idea and review the Official Rules applicable to the contest. Winners will be announced on August 11. The eBay Sellers’ Challenge is open to registered members of eBay who are legal residents of the 50 United States and the District of Columbia and 18 years of age or older. Winners must use grant funds to start or grow a business on eBay.
eBay Inc.
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