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 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 within 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 their FedEx Small Business Grant Contest.
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.
Refer to the list below for the qualification rules of the Grant Contest.
Entities in 50 United 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:
To be entitled as a small business, businesses must meet the following criteria:
Business, business owner, or a business investor cannot be:
Businesses must also not have judicial attachments or liens and become under bankruptcy protection.
The 9th FedEx Small Business Grant Contest is this year’s annual contest. The said competition started February 16, 2021, and ended March 9, 2021.
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 2021 FedEx Grant Contest.
Since the 2021 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, by the year 2022.
Moreover, the announcement for the 2022 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.
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