Weekly Feature

2017-09-14 / Business

M&T Bank launches business challenge to benefit community organizations

M&T Bank recently debuted the “Understanding What’s Important” business challenge, a new initiative that celebrates local businesses and the organizations they support to make a difference in their communities.

According to a press release from the company, the challenge asks West Seneca businesses to nominate an organization in their community that they support, and that organization may become eligible to win up to $10,000 to continue their good work. Nominations can be submitted through Friday, Sept. 29.

Eric Feldstein, M&T Bank senior vice president and manager of business banking, said M&T is proud to support communities and knows local business owners feel the same.

“Local businesses help drive successful, strong communities. They create jobs, boost local economies and support neighbors in need,” Feldstein said. “With the ‘Understanding What’s Important’ business challenge, we want to celebrate local businesses that give back to their communities and to support the organizations they care about.”

To join the challenge, businesses within M&T Bank’s geographic footprint need to complete an online form to nominate an organization they support, highlight the work their nominated organization does for the community and describe how winning the competition will help that organization make an even greater impact.

M&T will select five finalists and provide an opportunity for the public to vote and help choose the winner. To get started, visit whatsimportant.mtb.com/businesscontest.

“M&T is passionate about our business customers and our communities. Whether it is supporting a local food bank or neighborhood arts organization, M&T wants to celebrate those businesses that support their local community,” Feldstein said.

Following open nominations, five finalist organizations will be announced on Thursday, Nov. 2, the release said. Each finalist organization will win $1,000. Members of the community will then have the opportunity to cast a vote for their favorite of the five finalist organizations. Voting ends Wednesday, Nov. 22.

M&T Bank will announce the winning local organization on Tuesday, Nov. 28, which is also being celebrated globally as Giving Tuesday. The grand prize winner will be awarded up to $10,000. The remaining four finalists will each receive $1,000.

All businesses within New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia are eligible to participate in the “Understanding What’s Important” business challenge.

To be eligible to win $10,000, local organizations can be focused on any community objective, the release said. Official contest rules can be found at bank.mtb.com/Business ContestRules.

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