SBA Launches $1 Million Patriot Pitch Competition To Showcase Americas Entrepreneurs Members News May 21, 2026 U.S. Small Business Administration recently launched the Patriot Pitch Competition, a national initiative celebrating 250 years of American free enterprise and the small businesses driving innovation, job creation, and economic growth across the country. The competition features a $1 million cash prize pool funded by Clover Network, Inc. and is open to eligible small businesses that represent American innovation and opportunity while utilizing qualifying SBA capital products. “The SBA is proud to spotlight the legacy and potential of entrepreneurship through the Patriot Pitch Competition,” said Kelly Loeffler, SBA Administrator. “This nationwide contest will award a total of $1 million in cash prizes to small businesses whose innovation, grit, and leadership are helping build America’s next great era of strength, prosperity, and competitiveness.” The Patriot Pitch Competition will include four stages of judging, with submissions evaluated on strengthening American competitiveness, innovation and industry impact, delivering economic opportunity and quality jobs, and demonstrating strong business fundamentals and execution readiness. The competition will culminate in a live finals event in Washington this September, where finalists will present before a panel of judges and a national audience for the opportunity to win a share of the prize pool. The event will also feature speakers from business, government, and industry, along with networking opportunities, supplier matchmaking, and connections with investors and policymakers. Small business owners interested in participating are encouraged to apply by June 10. Additional information regarding eligibility, competition stages, and event details can be found at SBA Freedom 250