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UPS calling: Your small business could win $25k

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United Parcel Service, Inc. (NYSE: UPS) is looking for some good innovative small businesses. And if they are really good, the company is willing to cough up $25,000.

That's right, $25k.

In honor of the company's Centennial celebration, UPS has kicked off its third annual UPS Best "Out-of-the-Box" Small Business Contest, and this time it's going global.

UPS said the international contest will honor "the most innovative small businesses," and specifically designed the contest for companies with 2006 revenues of at least $250,000 but not more than $10 million. To enter, owners or employees must fill out an entry form here and submit a 500-word essay explaining why their company is original and how their business has been successful.

Last year Money Savvy Pig, a company dedicated to teaching children about money management and another that provides products and ideas to help people with dementia, The Alzheimer's Store, won for creative thinking and original business concepts.
Your entry will be judged by a group of small business experts based on originality, business implementation and business results.

First place wins $25,000 cash, an IBM small business package and a place in UPS's international publicity campaign related to the contest.

Second and third place winners get $10,000 and $5,000, respectively, along with the IBM small business package, and will be included in UPS's local publicity campaign for the contest.

UPS will also give $10,000 to the small business that exemplifies the "end-to-end customer service" theme of the event.

Who wouldn't want to qualify for $25,000? A note to applicants: It doesn't look like the "lemonade stand on the corner" concept is going to qualify, regardless of its flashy slogan or which remote part of the world your lemons come from.

For more information about the contest, visit www.ups.com/outofthebox.

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Last updated: November 27, 2009: 04:30 AM

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