NORWICH – M&T Bank, a company with a long history of supporting the communities it serves, today 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.

The Understanding What’s Important Business Challenge asks 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 Sept. 29, 2017.

“M&T Bank is proud to support the communities in which we work and live, and we know our local business owners feel the same,” said Eric Feldstein, M&T Bank Senior Vice President and Manager of Business Banking. “Local businesses help drive successful, strong communities. They create jobs, boost local economies and support neighbors in need. 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 simply complete a short online form to nominate an organization they support, highlight the work their nominated organization does for the community and 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: http://whatsimportant.mtb.com/businesscontest.