Great Plains Region - The U.S. Small Business Administration (SBA) proudly announces the Freedom 250: Patriot Pitch Competition, a national celebration of 250 years of American free enterprise and the small businesses that drive innovation, create jobs, and generate economic growth. This highly anticipated event spotlights high-potential small businesses competing for a share of a $1 million cash prize pool, generously donated by Clover Network, Inc. (Clover), with a top grand prize of $400,000. "This competition is a powerful showcase proving that American economic strength is built daily by dedicated small business owners—the true bedrock of our national prosperity," said Brad Zaun, SBA Great Plains Regional Administrator.

The top 10 semifinalists will be announced the week of July 4, 2026, during the Great American State Fair. From there, the top five finalists will be invited to participate in a live pitch competition in Washington, D.C., later this year. The finals will feature high-energy pitches, prominent speakers, a supplier matchmaking expo, and critical networking opportunities with investors and industry leaders.

Eligibility Requirements: The SBA is looking for innovative businesses that are modernizing American industry and Main Street. To qualify, businesses must meet the following criteria:

· Have at least three years of active operating history.

· Generate a minimum of $100,000 in gross annual revenue.

· Be 100% U.S. owned and headquartered in the United States.

· Have a history or detailed experience leveraging new technologies or strategies.

· Have benefited from qualifying SBA capital products, including 7(a), 504, Microloan, SBIR/STTR, or Community Advantage. (Note: COVID-19 EIDL or SBA Disaster loans do not satisfy this requirement.)

Small business owners interested in competing are encouraged to submit an application by the fast-approaching deadline of June 10, 2026. Additional details on eligibility, competition stages, and event programming can be found at www.sba.gov/freedom250.

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About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.