EPrize
Encyclopedia
ePrize is a Michigan-based company that creates promotional campaigns
Advertising campaign
An advertising campaign is a series of advertisement messages that share a single idea and theme which make up an integrated marketing communication...

 ranging from online sweepstakes
Sweepstakes
The United States consumer sales promotion known as a sweepstake has become associated with marketing promotions targeted toward both generating enthusiasm and providing incentive reactions among customers by enticing consumers to submit free entries into drawings of chance...

 to points-based loyalty programs.

History

ePrize was founded in 1999 by Josh Linkner. It received a monetary boost in 2006 after securing a $32 million USD investment from several Detroit-area business leaders including Dan Gilbert, founder and chairman of Quicken Loans
Quicken Loans
Quicken Loans Inc., headquartered in Detroit, Michigan, is the largest online mortgage lender and the 5th largest retail mortgage lender overall in the USA. The company consists of the QuickenLoans.com online lending site, the Rock Financial brand in southeast Michigan, One Reverse Mortgage, based...

, and Brian Hermelin. Fifth Third Bank
Fifth Third Bank
Fifth Third Bank is a U.S. regional banking corporation, headquartered in Cincinnati, Ohio and is the principal subsidiary of holding company Fifth Third Bancorp ....

 also provided bank financing and a working capital
Working capital
Working capital is a financial metric which represents operating liquidity available to a business, organization or other entity, including governmental entity. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. Net working capital is...

 facility.

Ratings

ePrize is ranked the number 28 company by Promo Magazine among the PROMO 100, number 185 on the 2006 Inc. 500 list, and is the 2006 number-one administrator of chance-to-win promotions in the United States (based on data provided by the state of Florida
Florida
Florida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it...

).
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