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FedEx to Launch 11th Annual Small Business Grant Contest
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
FedEx Corp. has launched its 11th annual Small Business Grant Contest, set to award over $330,000 to ten U.S.-based small businesses. The entry window opens January 31, 2023, and closes February 21, 2023. The ten grand prize winners will be announced on May 11, 2023.
Each winner will receive $30,000, along with additional prizes, including a $1,000 FedEx Office print credit and mentorship sessions. This year introduces the People’s Choice Awards, allowing public voting for additional daily cash prizes. The contest has previously attracted nearly 18,000 entrants and distributed over $1.6 million in cash and prizes since its inception.
Positive
Awarding over $330,000 to ten small businesses can enhance FedEx's reputation and customer loyalty.
Introduction of the People's Choice Awards may boost public engagement and visibility for the contest.
Past success with nearly 18,000 entrants demonstrates strong interest and participation in the contest.
Negative
None.
10 Winners to be Selected; More Than $330,000 in Cash and Prizes to be Awarded
MEMPHIS, Tenn.--(BUSINESS WIRE)--
FedEx Corp. (NYSE: FDX) today announced the upcoming launch of its 11th annual Small Business Grant Contest, which will award more than $330,000 in grants and services to ten (10) U.S.- based small businesses. The entry period will be open January 31 until February 21, 2023. After an initial judging period, 100 businesses will be selected as the Top 100 finalists and also take home some prizes. The ten grand prize winners will be announced on May 11, 2023. Qualifying businesses can submit their entries and review contest rules at www.fedex.com/grantcontest.
“Since 2012, we’ve helped small business owners achieve their dreams by growing and expanding their ventures through our Grant Contest,” said Jenny Robertson, senior vice president Integrated Marketing & Communications, FedEx. “FedEx will soon celebrate fifty years of connecting people and possibilities with small businesses serving as a crucial part of our success. We can’t wait to see who wins this year and what the future holds for these incredible entrepreneurs.”
Each of the 2023 FedEx Small Business Grant Contest grand prize winners will receive $30,000 plus a $1,000 FedEx Office print credit, a $300 voucher from My FedEx Rewards, and access to FedEx Premier Customer Service. All winners will also receive, a sustainable packaging consult from FedEx Packaging Lab, a digital consult from the FedEx Digital Sales Solutions team, 20% off of a SEO monthly plan from HigherVisibility, a mentorship session with select member-founders in Entrepreneurs’ Organization, an invite to attend a FedEx Grant Winner Forum, a feature on the FedEx Small Business Center, and an international trade dictionary courtesy of FedEx. Additionally, one of the winners who is also a veteran-owned small business will be awarded an additional $20,000 courtesy of United Services Automobile Association (USAA) Small Business Insurance.
An exciting new addition to this year’s contest is the People’s Choice Awards, a 10-day voting period in which the public gets to vote for a daily winner among all of the entrants. The People’s Choice Awards provides entrants a chance to win one of ten $1,000 digital cash gift cards. From February 27 to March 8, 2023, one gift card per day will be awarded to the qualified small business with the highest number of likes on their entry that day.
The 2023 FedEx Small Business Grant Contest is open to U.S.-based for-profit small businesses that have 1-99 employees, have been in operations selling a product or service for six months or more as of January 31, 2023, and have a shipping and printing need. To enter, participants must visit www.fedex.com/grantcontest and enter their business information (including their FedEx shipping account number), write a short profile about their business, and upload up to four photos of their business or product, including their logo. While not required, participants also have the option of submitting a short “elevator pitch” video to supplement their entry. People’s Choice Voting will take place February 27 to March 8, 2023. The Top 100 finalists will be announced April 12, 2023. Following an additional judging period, winners will be announced May 11, 2023 at www.fedex.com/grantcontest.
The 2022 contest attracted close to 18,000 entrants from across the United States. Over the past ten years, more than 68,000 businesses have entered the contest in the United States alone. Over that ten-year span, a total of more than $1.6 million in cash & prizes has been distributed to more than 111 businesses.
Corporate Overview
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $94 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 more than 550,000 employees 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 fedex.com/about. For more information on how FedEx helps small businesses, please visit the FedEx Small Business Center at fedex.com/smallbusiness.
