By Justin Kraft
DENVER, CO — March 7, 2019 — OnDeck® (NYSE: ONDK), the leading online lender to small business, today announced the debut of its OnDeck ONWARD Denver Challenge, where small businesses in Metro Denver can enter to win a cash prize of up to $10,000.
To participate in the OnDeck ONWARD Denver Challenge, small business owners are asked to submit responses to several questions, including why they chose Denver to start their small business and what owning a business in the Mile High City 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, respectively, 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, Colorado area and have generated at least $100,000 in revenue in the last year. Business owners can enter to win any time before April 3, 2019. To enter and see the complete list of rules, visit https://onward.pgtb.me/LBg5fM.
On Monday, April 8, OnDeck will announce the OnDeck ONWARD Denver Challenge finalists. The finalists will then present their submission to judges at a special ceremony at OnDeck’s downtown Denver office at 101 W. Colfax Avenue on Wednesday, April 24, 2019, where three winners will be selected.
The local judges for the OnDeck ONWARD Denver Challenge include:
“Denver boasts one of the fastest-growing economies in the country, and small business owners are the backbone of this explosive growth,” said Cory Kampfer, chief operations officer and general counsel, OnDeck. “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.”
OnDeck (NYSE: ONDK) is the proven leader in transparent and responsible online lending to small business. 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. The company also offers bank clients a comprehensive technology and services platform that facilitates online lending to small business customers through ODX, a wholly-owned subsidiary. 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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