Online auction site eBay has announced their eBay Sellers Challenge for online merchants with an entrepreneurial spirit. The challenge is open to anyone who wishes to start or expand an eBay business
Four grand prize winners will receive $25,000 business grants – one in each of these categories:
- Full time eBay sellers who want to grow their business
- Part time eBay sellers who would like to go full time
- Small businesses or individuals that have not sold on eBay
- Current or former members of the US Armed Forces
The runner up in each category will receive a $5,000 grant. Entrants are invited to submit a 60-second video describing how they plan to use the prize money, along with a business plan. Entries will be accepted through July 7, 2009.
eBay and the Ewing Marion Kauffman Foundation, an organization devoted to advancing entrepreneurship, will select two finalists from each category and then eBay members will be asked to vote for their favorites. Winners will be announced on August 11, 2009.
Get your free director’s kit with tons of tips and advice on how to create a winning entry at the eBay Sellers Challenge page.