FedEx Awards More Than $365,000 to Winners of the FedEx Small Business Grant Contest

Rhea-AI Summary

FedEx Corp. (NYSE: FDX) announced the winners of its tenth annual Small Business Grant Contest, recognizing ten businesses with significant cash awards and services. This year's grand prize of $50,000 and $4,000 in FedEx services went to three businesses: Kulture Khazana, Niche Snowboards, and Terra Beauty. Additionally, first-place winners received $20,000 and $1,500 in services. In total, the contest received a record of nearly 18,000 entries and has awarded over $1.67 million since inception, emphasizing the importance of supporting small business growth.

Positive

• Record-breaking participation with nearly 18,000 entries in 2022.
• Over $1.67 million awarded in grants since the contest began.
• Supports small business growth, enhancing community engagement.

Negative

• None.

 Tenth Annual Contest Sets New Record for Entries

MEMPHIS, Tenn.--(BUSINESS WIRE)-- FedEx Corp. (NYSE: FDX) unveiled the winners of the tenth annual FedEx Small Business Grant Contest. Ten businesses were chosen this year in celebration of the contest’s tenth anniversary.

Grand Prize Winners:

$50,000, plus $4,000 in FedEx Office print and business services

• Kulture Khazana (East Amherst, NY)
• Niche Snowboards (Holladay, UT)
• Terra Beauty (Deerfield, FL)

First Place Winners:

$20,000, plus $1,500 in FedEx Office print and business services

• CareHalo(Woodstock, GA)
• Chasin’ Dreams Farm (San Diego, CA)
• Copper River Fish Market(Cordova, AK)
• Every Tiny Thing (San Luis Obispo, CA)
• Hikers Brew(Eau Claire, WI)
• Muvez(Jersey City, NJ)
• True Garden (Mesa, AZ)

“We are thrilled to shine a spotlight on these entrepreneurs, because at FedEx, we believe when small businesses succeed, we all succeed,” said Jenny Robertson, senior vice president Integrated Marketing and Communications at FedEx. “We are looking forward to watching these small business owners grow and thrive, and we are honored to be part of their success stories.”

New this year, an extra $10,000 grant as well as a $500 FedEx Office credit was awarded among the ten winners in five categories:

• Healthcare: CareHalo
• Minority-Owned: Muvez
• Sustainability Focused: True Garden
• Young Entrepreneur: Hikers Brew
• Veteran-Owned: Terra Beauty

Chasin’ Dreams Farm received the “Entrepreneur Choice Award Winner,” a distinction bestowed by the FedEx Entrepreneur Advisory Board, which is comprised of former grant winners and small business owners from around the country.

All winners also received a $500 voucher from My FedEx Rewards, a digital consult from the FedEx Digital Sales Solutions team, an international trade dictionary, an invitation to attend a FedEx Grant Winner Forum, free access to Klaviyo's automation platform, a sustainable packaging consultation from EcoEnclose, and a website audit from HigherVisibility.

The grant winners aren’t the only small business owners that will benefit. All 100 finalists will receive valuable mentoring and consultations from select organizations.

The 2022 contest set a record with nearly 18,000 entries from small businesses across the United States. Over the past decade, nearly 70,000 businesses have entered the contest in the United States alone. FedEx has awarded more than $1.67 million total in grant money and printing credits combined since the contest’s inception.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $92 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its 600,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit about.fedex.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220504005394/en/

Rae Lyn Rushing

FedEx Media Relations

(901) 434-8100

rae.rushing@fedex.com

Source: FedEx Corp.

FAQ

What is the FedEx Small Business Grant Contest?

The FedEx Small Business Grant Contest is an annual competition that recognizes and awards small businesses with cash grants and services to support their growth.

How much did the winners receive in the 2022 FedEx Grant Contest?

The grand prize winners received $50,000 plus $4,000 in FedEx Office services, while first-place winners received $20,000 plus $1,500 in services.

How many entries were received for the 2022 FedEx Small Business Grant Contest?

The 2022 contest received a record of nearly 18,000 entries from small businesses across the United States.

What is the total amount awarded by the FedEx Small Business Grant Contest to date?

Since its inception, the FedEx Small Business Grant Contest has awarded over $1.67 million in total grant money and services.

Who won the grand prize in the 2022 FedEx Small Business Grant Contest?

The grand prize winners for 2022 include Kulture Khazana, Niche Snowboards, and Terra Beauty.