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United States

Investors Bank Kicks Off New Year with Competition for Small Businesses

January 19, 2020

QUEENS, NY – Investors Bank is kicking-off 2020 by inviting small businesses in New York and New Jersey to compete for one of two grand prize packages valued at more than $100,000. The easy-to-enter Investors Bank Movers & Shakers Small Business Competition is open to businesses doing between $2 million and $20 million in revenue with less than 100 employees, headquartered or conducting the majority of business in Metro New York and New Jersey.

Ten finalists will be selected from among the two categories: general business and minority- or women-owned business. There will be two grand prize winners named from among the finalists.

Investors Bank, WCBS Newsradio 880, and the New Jersey Devils are providing the grand prizes for the Movers & Shakers Small Business Competition, which include:

  • $10,000 in cash from Investors Bank;
  • $15,000 in advertising value on WCBS Newsradio 880;
  • Exclusive New Jersey Devils corporate sponsorship assets; and,
  • VIP event experience at Prudential Center for the contest winners and 15 guests.

“Investors Bank is committed to helping small businesses grow by supporting those that share our key ideals of creativity, competitiveness, and community,” said Domenick Cama, Investors Bank President and Chief Operating Officer. “Small businesses are vital to the local economy. The extent to which small businesses provide valuable services determines the local economy’s prosperity. We want to support this prosperity.”

Interested applicants should submit an “elevator pitch” of no more than 1,000 words describing how their business aligns with the Investors Bank ideals of:

  • Creativity – uniqueness, bringing a new approach to the marketplace;
  • Competitiveness – managing near-in competition and with the larger conglomerates; and,
  • Community – having a positive impact on the immediate neighborhood where customers and employees live and work, as well as the region and the world.

Entries must be submitted to www.myinvestorsbank.com/SmallBizEntry by February 28, 2020. A short video about the competition also is available at that website.

“Small businesses are the foundation of our communities and Investors is committed to finding better ways to serve them,” said Mike MacIntyre, Head of Business Banking at Investors. “We recently hired an additional team of small business bankers dedicated to helping our small businesses succeed, as well as have plans to phase in a digital loan origination platform to streamline our small business loan origination process.”

All of the finalists will be invited to an event at the Radio.com Theater, and will receive tickets to the WCBS NewsRadio 880 New Jersey Business Breakfast in June. Each of the grand prize winners will be featured in a Small Business Spotlight on WCBS.

“Investors prides itself on its commitment to community, whether through our support of small business, the work we do through our foundation, our sponsorships, or the tens of thousands of hours volunteered each year to support local initiatives,” said Bill Brown, Executive Vice President, Chief Retail Officer, Investors Bank. “Community is who we are, and small businesses are the backbone of communities.”

More information on the Investors Bank Movers & Shakers Small Business Competition is available in your local Investors Bank branch or at www.myinvestorsbank.com. For contest rules and eligibility, visit www.myinvestorsbank.com/SmallBizEntry.

About Investors Bank

Investors Bank, headquartered in Short Hills, New Jersey, is a full-service community bank that has been serving customers since 1926. With over $27?billion in assets and a network of more than 145 retail branches, Investors Bank delivers personalized services and products tailored to the needs of its customers. Investors Bank’s banking services include complete deposit, loan and cash management products for consumers and businesses.

Investors Bank: Member FDIC and Equal Housing Lender.

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