FedEx Announces Ninth Annual Small Business Grant Contest

As small businesses across the nation continue to be impacted by the pandemic, many are looking for any extra capital they can get. With that in mind, FedEx has just announced the launch of its ninth annual Small Business Grant Contest. The promotion will award a dozen small businesses a total of more than $250,000 in cash and services.

This year, one grand-prize winner will be awarded $50,000 along with $7,500 in FedEx Office print services, while one second-prize winner will receive $30,000 and $5,000 in services. Meanwhile, 10 third-prize winners will receive $15,000 as well as $1,000 in FedEx Office print services. Notably, for the second year in a row, one of these selected businesses will be Veteran-Owned Business Award Winner. Additionally, one third prize winner will receive the Entrepreneur Choice Award Winner, selected by the FedEx Entrepreneur Advisory Board.

To enter, business owners will first need to write a short profile of their business. This could include not only basic information about what your business does but also information on any social causes that are important to your business as well as how the potential winning would help your business. Businesses will also need to provide a digital version of their logo along with photos of their business. FedEx also notes that businesses can create a YouTube video to accompany their entry, although this step is optional.

Entries for this year’s contest are now open and will be accepted until March 9th. Then, the voting period will begin, with the Top 100 being announced on March 31st. Finally, the winners and grant recipients will be revealed on May 1st.

Speaking to the timing of this year’s contest, FedEx’s SVP of Integrated Marketing and Communications Jenny Robertson said in a statement, “Running a small business isn’t easy, and this year, it’s been tougher than ever, which is why FedEx continues to champion and support these entrepreneurs.” Robertson added, “Whether they use the money to build a better website or to buy new equipment, we want to help them write the next chapter of their story. When it comes to helping small businesses succeed, we always want to be part of that story.”

As Robertson points out, this ninth-annual contest comes at a critical time for many small business owners. Surely, the winners of these grants will be putting the funds to good use as the nation as a whole looks to recover from the past year. For those small businesses interested in entering this year’s FedEx Small Business Grant Contest, more information including a sample entry can be found on FedEx’s website.

Author

Jonathan Dyer

I'm a small town guy living in Los Angeles looking to make solid financial decisions. I write for a number of finance websites, including HuffingtonPost and Business2Community. I founded DyerNews.com in 2015 to focus on personal finance and the emerging FinTech markets.

Other Articles by Jonathan Dyer

Bilt Rewards Launches Travel Portal with Benefits for Cardholders

Last year, the startup Bilt made a splash when it announced a new service that would reward users for paying their rent. That premise was then expanded upon with the launch of the Bilt Mastercard, which is issued by Wells Fargo. Now, continuing to capitalize on both the hype of their product and the demand for travel, Bilt has debuted another new offering for customers. This week, Bilt Rewards announced...

Cash App Introduces Round-Up Investing Feature for Debit Card

Debit card customers looking to grow their investments gained a new, automated option today as Block Inc. (formerly Square Inc.) officially announced a new feature for its popular Cash App. Now, customers with the Cash App Cash Card can opt into Round Ups as a means of growing their investments. When this feature is toggled on, Cash App will round up debit card purchases to the nearest dollar and invest...

Marqeta Expands Credit Program with New APIs and More

A FinTech that specializes in creating credit card experiences is rolling out some new features. This week, Marqeta announced what it calls a "significant expansion" of its credit platform. This includes more than 40 new credit APIs that will further help clients craft and launch their own credit card products. Additionally, the company notes an updated intuitive dashboard. Using this platform, businesses can create unique card options that can not...