FedEx Small Business Grant
Running a small business can be a financial challenge. It takes a lot of work and usually a little outside help to make it work. Fortunately, there are tons of small business grants like FedEx small business grants and business loans are available that small business owners can get.
One of the popular support out of them is the Small Business Loan Apply Now.The FedEx Small Business Grant recognizes innovative and passionate small businesses across the county who want to take their business to the next level.
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This year, the competition will award a total of $120,500 in grant funds to 10 U.S. small businesses. According to the website, the prizes are as shown.
FedEx Small Business Grant Prize Money
Through our national partnership, the top 100 finalists of the FedEx Small Business Grant Contest have access to the SCORE network of small business mentors. SCORE mentors are available to entrepreneurs and operators at every stage of the business with their expertise.
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Many small business owners are unaware of the tremendous opportunities that exist to obtain public and private funding. Grants are ideal because they’re free money in the sense that you don’t have to pay back any of the funding you get from the federal, state, and private companies under their respective grant programs.
While most government grants have strict eligibility requirements, there are a number of business grants that are open to any small business that serves the company’s branding and innovation interests. The FedEx Small Business Grant Contest is one such grant program worth checking out.
Statistics show that small businesses that receive more than 3 hours of mentoring report increased revenue and increased business growth. SCORE has more than 10,000 volunteer mentors committed to helping you succeed.
Each year, FedEx awards cash grants, business services and additional awards to 12 US companies. In 2021, the ninth year of the competition, FedEx awarded prize packages totaling $250,000 broken down as follows:
| Prizes | No. Of Winners | Cash Prize Money | Prize For Services |
| Grand Prize | 1 | $50,000 | $7,500 |
| Silver Prize | 1 | $30,000 | $5,000 |
| Bronze Prize | 8 | $15,000 | $1,000 |
Eligibility To Get Small Business Grant
- Must be a for-profit business
- Must have fewer than 99 employees
- In operation for at least six months
Applicants should go to www.fedex.com/grantcontest to participate. From there, fill in your contact details and write a short profile about your company. Don’t forget to submit your application for FedEx small business grant 2023 deadline.
You will also need to upload four photos of the company, including the logo.
It is not required, but participants are also allowed to submit a 09 second video to present their case!
From there there is a voting period that anyone can vote for their preferred small business for cattle farmer. The winners are announced in April each year.
FedEx Small Business Grants Support
The FedEx Small Business Grant is designed to encourage and support for small businesses based in the United States. In order to be an acceptable entrant for the grant contest, the Official Rules state that your business must:
- Be a US-based for-profit small business with no more than 99 employees
- In operation for at least six months
- You need shipping services
- Have a valid 9-digit FedEx shipping account number
- Be a business in good standing, including not being under bankruptcy protection or having court liens or attachments in effect
How To Apply FedEx Small Business Grant?
Each year, the FedEx Small Business Grants has helped numerous small businesses get the extra help they need to be successful. If you do decide to apply for this great scholarship make sure you do whatever is available (even if it’s optional).
This will get you more views and votes for your page. If you use social media, By asking people to vote for you, you get extra eyes on your business that can help enough to make you one of the winners!
The FedEx Small Business Grant is a competition that is judged partly by the public and partly by FedEx officials. Unlike other scholarship programs that require a lot of complicated background information and thresholds, the FedEx scholarship program is dependent on factors.
Apply For The FedEx Small Business Grant
The competition for the award of a scholarship is usually advertised in the first quarter of each year and only lasts three weeks. Applicants will be directed to visit the contest website to enter their information, including:
- Your company name, location, website url, and FedEx shipping account number
- A brief profile about your company
- Up to four photos of your company or your products and your logo
- An optional short “Elevator Pitch” video
To give you an idea of how fast the competition is going, the 2023 FedEx small business grant entry period opened on February 16 and closed on March 9, 2023. A public vote only lasted two weeks, and the winners were selected and announced on May 10th. The process took less than three months from start to finish.
To apply for the FedEx Small Business Grants or to have additional questions, visit www.fedex.com/grantcontest. This website has all of the information you need to get started, including previous winners’ biographies, frequently asked questions, and anything else you might need to get started. Maybe you are just a few clicks away from receiving a fantastic grant from FedEx!
How The FedEx Small Business Grant Winners Are Selected?
This is how the winners of the FedEx Small Business Grant Award are determined. At the end of the entry period, the public will be invited to visit the contest page and vote to limit the pool of applicants – which typically consists of thousands of entries – to the top 100 for:
- How clear, compelling, and engaging the applicant’s essay and videos were
- How much social presence the company needs to develop a brand voice
- How easy is the company’s website to navigate?
- Degree of innovation or uniqueness
- Degree of sustainability or environmentally friendly aspects of the company
- Positive influence on the community
- Brand alignment with the FedEx brand
- Ability of the business owner to act as a brand ambassador for FedEx and a mentor to other small business owners.
The FedEx jury will select the 12 winners of the Small Business Grant FedEx Contest, followed by the grand prize winner and runner-up.
One of the 10 winners of 3rd place will be chosen as the winner of the Entrepreneur Choice Awards.
This honor is given by the FedEx Entrepreneur Advisory Board, which is partly composed of former FedEx Small Business Fellows.
FedEx Small Business Grant Offers Up to $50,000
Indie booksellers have the chance to win a FedEx® Scholarship of $15,000, $30,000, or $50,000 as part of the FedEx Small Business Grant Contest, which features a series of cash prizes for 10 winners in 2022.
The competition offers three packages this year: Small Business wins the grand prize of US $50,000 plus US $7,500 for FedEx Office® Print and Business Services.
Second Company Wins Award for Second Place for $30,000 Plus $5,000 for Printing and Business Services from FedEx Office.
And 10 winners will take home third place for $15,000 and $1,000 for FedEx Office printing and business services.
Participation is an opportunity to publicize your company and connect with your community.
Registrations for the competition will be accepted until March 9th. Participate:
- Write a short profile highlighting your small business’s unique story and offerings.
- Upload a logo and photos that reflect the spirit of your company.
- Create a minute-long video about what makes your company special.
- Share your post and remind fans to vote between March 10th and 24th.
Receiving and Administering the FedEx Small Business Grant
Grant winners will be notified by email and posted on the FedEx Grant Awards page at www.fedex.com/grantcontest. While FedEx offers mentoring and guidance on how to use its in-kind awards for printing and small business center services, you are on your own when it comes to using the cash grant for small business portion of the award to your best advantage.
Some entrepreneurs choose to expand their business to new national or international markets. Others, like Access Trax, the 2020 contest winner, used the prizes provided by FedEx Loan Prgoram, as well as website analytics and mentoring, to launch an online marketing strategy to better reach e-commerce consumers.
When deciding how best to spend your scholarship, consider the need for a reliable small business accounting system to help you properly manage and book your cash and non-cash profits.
There may be a tax impact on cash and business service awards received, as well as other accounting issues related to a private grant or an intercompany award.
Conclusion
Booksellers can learn more about the FedEx Small Business Grant Contest here. Outside of the 2022 competition, ABA members can take advantage of daily FedEx discounts offered by PartnerShip, a shipping solutions company.
As a business services partner of the American Booksellers Association, PartnerShip helps member booksellers save on items they send and receive through the ABA mailing program.
With the ABA shipping program, booksellers can save up to 50 percent on shipping from FedEx. There are no costs and no minimum shipping costs to participate in the program.
- Apply Now for FedEx Small Business Grant.