eBay entrepreneurs have until August 9th to submit an entry for the fifth annual eBay Entrepreneur of the Year Awards, with prizes valued at $5000.

Prizes for the two awards, Entrepreneur of the Year Award and the Comeback of the Year Award, consist of a combination of cash, free advertising space and professional development to help grow the winners' business.

New this year, the Comeback of the Year Award will go to an entrepreneur who has overcome a recent personal or professional challenge.

To be eligible you must:

• Achieve a minimum of $1,000 CAD in sales monthly on eBay
• Post a minimum of ten listing monthly on eBay
• Have at least 98% positive feedback.

All entries received by midnight on August 9th will be considered to win one of the two prizes to be announced during Canadian Small Business Month in October:

• The winner of the Entrepreneur of the Year Award title will receive:

• $2,000 CAD
• $500 towards a business-related course or workshop
• $500 in eBay AdCommerce advertising credits

• The winner of the Comeback of the Year Award title will receive:

• $1,000 CAD
• $500 towards a business-related course or workshop
• $500 in eBay AdCommerce advertising credits

"As the world's largest online marketplace, eBay has changed the face of Internet commerce by connecting sellers and buyers around the globe" says Andrea Stairs, head of marketplace development for eBay Canada.

eBay members buy and sell goods in more than 50,000 categories, 24 hours a day and trade $2,000 worth of goods every second. Out of the approximately 24 million Internet users in Canada, one in four is currently registered on eBay. In the past 12 months, Canadian spent more than $1 billion on eBay.

After using eBay to purchase art for his personal collection, last year's Entrepreneur of the Year Bryan Hellwig (Ebay Name: ringseal) decided to try his hand at selling Inuit and Northern art online. Based in Iqaluit, Nunavut, Bryan now sells unique pieces that represent the culture and people of the True North to buyers around the world.

For more information on the contest and to register, visit: www.ebay.ca/entrepreneurs

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