One local company is in the running to win $100,000 worth of prizes from Forbes. On the line is $50,000 in cash and $50,000 in Forbes.com advertising.
NuBarter, Inc. is a Savannah-based company that allows individuals and companies to buy and sell goods and services using trade credits. Currently, says President Gary Field, NuBarter is only operating for businesses, but the company would like to expand to offer its services to the general population soon.
Thousands of businesses submitted an application, and after a lengthy screening process by established members of academia, small business operators and consultants and the Forbes.com editorial department, 20 semi-finalists were selected.
“It’s very exciting. We’re competing against incredible business ideas nationwide. And for this little business in Savannah to be picked as one of the 20 semi-finalists is a huge honor,” says Field.
Once selected as a semi-finalist, Field and his crew had to make an elevator pitch, a 30-second video introducing the business and explaining what services they offer. The video, which was filmed entirely on barter, is currently on the Forbes Web site, and visitors are voting to decide which five semi-finalists will make it to the next stage of the competition.
Click the link below to watch the video:
