FedEx is launching its Fifth Annual Small Business Grant Contest and has begun accepting applications for a total prize pool of $120,500.
The contest offers grants and services to ten small businesses. The winners will also receive an additional dollar amount in credit to use towards FedEx Office print and business services. Awards include:
- l Grand prize: One winner of $25,000, plus $7,500 in FedEx Office services
- l Silver prize: One winner of $15,000, plus $5,000 in FedEx Office services
- l Bronze prize: Eight winners of $7,500, plus $1,000 in FedEx Office services
Last year’s grand prize winner was Ginjan Bros., a small business that develops and brings to market traditional African drinks, and is run by two entrepreneurial brothers originally from West Africa. Through the $25,000 grant, Ginjan Bros. was able to ramp up production and produce enough inventory to support expanded distribution. The 2017 FedEx Small Business Grant Contest is open to U.S.-based for-profit small businesses with fewer than 99 employees and operating for six months or more. To enter, visit www. fedex.com/ grant contest and enter their contact information, write a short profile about their business and upload four photos of their business or product, including their logo. Entries accepted thru March 29, with voting to take place from March 1 to April 5, 2017. Over the past four years, 13,000 businesses have entered the contest in the U.S. alone. The contest has expanded to nine countries and the grant pool for the U.S. has grown from $50,000 to more than $120,000 in total prizes.