H2bid.com, an African-American company, is a finalist in the Forbes.com "Boost Your Business" contest.  H2bid is an online exchange that provides vendors with access to water utility contracts from around the world.  It is a leader in the water industry. 

H2bid was formed in January 2006, with the vision of providing the first universally accessible global marketplace for water utilities and contractors. By bringing together water-system planners and bidding contractors, H2bid offers increased visibility to municipal and regional water projects around the globe. This wider and more open competition should result in more competitive contracts and a lower overall cost of water system maintenance.

Out of almost 1,000 businesses, only 5 were selected as finalists.  H2bid is owned by Glenn Oliver, a member of Alpha Phi Alpha.  Jaison Oliver, the Executive Vice President, is also an Alpha man.  H2bid is the only black-owned company in the final round.  The winning company will receive $100,000.  The winner will be determined, in part, by online votes. With strong support from the black Greek community, H2bid has a good chance of winning the Forbes contest. 

To vote and see the full details of the contest, go to http://www.forbes.com/byb/final_round/byb07_h2bid.html.  (You can also watch Glenn Oliver’s live presentation before the Forbes panel by clicking the media player at the top of the web page.)  Voting ends on November 30, 2007.

Written by: Jaison Oliver