Express, the world's largest express transportation company, today announced the launch in India of the FedEx Small Business
Grant Contest to help more small businesses connect with a world of opportunities.
The contest is being held in the country for the first time, giving Indian small businesses the opportunity to win a grant of INR15,00,000.
The contest is designed to provide small businesses the inspiration and financial resources to take their business global, helping them to grow their footprint and sharpen their competitive edge.
Originally launched in the US, the FedEx Small Business Grant Contest
expanded to reach customers in additional countries last year, with contests in Brazil, France, Germany, Hong Kong, Singapore
and the UK in addition to the US. This year, the contest also makes its debut in India, China, and Italy.
Among last year's winners was Singapore-based company,
, whose founder, a keen cyclist, set out to produce high-performance but affordable long-distance cycling bib shorts. As well as Singapore, the company already had a presence in Malaysia, Thailand, Indonesia and Taiwan. Winning the contest enabled it to explore opportunities to expand further afield to Australia, Europe and the USA
How To Enter
The contest is open to all for-profit Indian small businesses that have been operating for a year or more. Between, April 25 - May 23, contestants can submit their business stories online at fedex.com/grantcontest/in for the judges' consideration. In June, the 10 shortlisted entries will be announced and invited to present a live pitch of their business story. The contest winner will be announced in July. For the contest's Official Rules in India, please visit fedex.com/grantcontest/in.
Full details of the entry process and judging criteria for the Small Business Grant Contest India is available at fedex.com/grantcontest/in.