IdeaBlob: Enter your idea for a chance to win $10,000. New contest every month.

November 19, 2008

IdeaBlob

Enter your idea for a chance to win $10,000. New contest every month.

ideablob.com is where social entrepreneurs and small business owners can share and grow their business ideas – and have a chance to win $10,000 towards fulfilling them.

Great ideas are generated every day by people all across the country, and now these ideas have a place to live and grow. Eligible individuals can submit their business idea to ideablob.com, and based on votes from the ideablob.com online community – which includes other innovators as well as friends, family, colleagues, associates, teachers and mentors – one idea every month will win $10,000.

As individuals take part in ideablob.com’s growth, their business has the potential to grow right along with it.

Why ideablob.com? Advanta began in 1951 with an idea, less than $100 in seed money, and big dreams. Today, as a respected company with close to 1,000 employees and well over one million small business customers nationwide, we empathize with entrepreneurs and small businesses and support their growth.

Every month, one eligible blobber and his or her idea wins $10,000. The community decides the winner by voting for their favorite idea.

Eight finalists compete in a monthly showdown that runs from the 22nd to the end of that month. There are two ways to become a finalist:

  1. Through a sprint (No, it does not involve sweatbands). A sprint is a weekly competition. Sprints are held during the first three weeks of every month. The two ideas receiving the most votes during each weekly sprint become finalists (6 total sprint finalists = 3 weekly sprints x 2 winners per sprint).
  2. Through most overall votes. Be one of the two ideas that have amassed the most overall votes from the beginning of the ideablob contest until the time the showdown begins (2 total most overall votes finalists).
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