FedEx Small Business Grant Released Over $250,000 Worth of Prizes
FedEx Small Business Grant is a program of the FedEx Corporation that provides financial assistance within their grant competition. The said program is aiming to help and assist small business owners throughout the United States by giving grants that can be used for their respective businesses.
As the program is a grant, the financial assistance is completely given free and does not need to be repaid. However, the grants are under their competition.
Small business owners must prove that they deserve the grant award. Also, the corporation wants to see the competitiveness of each small business within its field.
FedEx Small Business Grant Contest
FedEx Small Business Grant Contests happen once a year. The said competition is fully funded by the FedEx Corporation.
Since the program is a competition, the winners are selected and there are small businesses that did not receive financial grants.
However, other businesses are still hoping for their luck with the next event of the FedEx Small Business Grant Contest.
FedEx Corporation is a multi-industry holding company that provides services focusing on business, e-commerce, and transportation in the United States. It is formerly known as Federal Express Corporation and later FDX Corporation.
The said corporation has several service branches such as FedEx Express, FedEx Ground, FedEx Supply Chain, and FedEx Office. Also, FedEx is one of the leading and stable corporations in the United States.
The corporation also operates within different countries and continents all over the world. The Middle East, Europe, the Indian Subcontinent, and Africa are some of the continents where FedEx also provides services.
The competitiveness of the said corporation is continuously rising throughout the United States. Moreover, FedEx still has a goal to help and assist small businesses through its FedEx Small Business Grant Contest.
FedEx Small Business Grant Eligibility
The FedEx Small Business Grant Contest has qualification rules for its program. Small businesses that are not able to meet certain requirements are automatically ineligible for the said program.
The qualification rules of the Grant Contest.
Entities in 50 States as well as with the District of Columbia that are entitled as independent operators or owners of a profit-small business and meet the following requirements:
• Must operate with their businesses for at least 6 months before their entry.
• Must have a 9-digit FedEx shipping account number.
To be entitled as a small business, businesses must meet the following criteria:
1. The owner of the entrant must be at 18 years of age by the time of Submission of Entry.
2. The business is active, follows the law policies and regulations, and has registrations and licenses throughout its operation.
3. Business must be good in standing from the date of Entry Submission up to the end of the contest.
4. Businesses must have a 9-digit FedEx shipping account number
5. Businesses must have a minimum of 1 and a maximum of 99 employees related to the business's payroll at the entry of submission.
A business, business owner, or a business investor cannot be:
• Winner of the previous FedEx Small Business Grant Contest.
• Former member of the FedEx Entrepreneur Advisory Board.
• An authorized reseller of FedEx
• Connected with franchised businesses.
Businesses must also not have judicial attachments or liens and become under bankruptcy protection.
2022 FedEx Small Business Grant Contest
The 9th FedEx Small Business Grant Contest is this year’s annual contest. The said competition started on February 16, 2022, and ended on March 9, 2022.
FedEx said that over 8,300 small businesses joined the said contest and aimed upon winning the grand prize. However, there are only 12 small businesses that shine and stand out within the said program.
Moreover, FedEx released over $250,000 worth of prizes within this year’s Small Business Grant Contest. See more details below for more information regarding the 2022 FedEx Grant Contest.
Apply for the Grant Contest
Since the 2022 Grant Contest has already ended, there will not be another contest for this year. The next event for the said competition will be held next year, in the year 2023.
Moreover, the announcement for the 2023 FedEx Small Business Grant Contest will be released by the FedEx Corporation. As of now, small businesses are still preparing for their entries next year and be updated for updates regarding the said program.