It’s been going for a few months and the way it works is each month 20 small businesses are awarded $5,000. To be eligible the business must welcome American Express warmly (not surcharge differentially or charge extra fees for using them). Each transaction through your business is an entry in the draw for one of the grants.
Not only that, but they are encouraging Card Members to Shop Small too, with a special deal for them. Check that out here.
What could you do with $5,000?
$5,000 can go a long way for your small business with things like marketing, boosting posts on Facebook, maybe running a competition yourself to drive traffic and sales, purchase some new equipment or stock.
Or it could be used to pay some staff so you can take a holiday!
You can read more about it here or check out the video below
*Ends November 30th, 2014, so be quick!