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FedEx Launches New Competition to Give Small Businesses in Indiathe Opportunity to Go Global
FedEx Express, a subsidiary of FedEx Corp (NYSE: FDX) and the world’s largest express transportation company, today announced the launchin India ofthe FedEx Small Business Grant Contest to help more small businessesconnect with a world of opportunities.
Contest is Now Open for Entries
MUMBAI: FedEx Express, a subsidiary of FedEx Corp (NYSE: FDX) and the world’s largest express transportation company, today announced the launchin India ofthe FedEx Small Business Grant Contest to help more small businessesconnect with a world of opportunities. The contest is being held in the country for the first time, giving Indiansmall 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 growtheir 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, RedWhite Apparel, 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.
“At FedEx, we believe the spirit of entrepreneurialism is what drives SMEs to take their business to the next level,” said Nathalie Amiel-Ferrault, vice president, Marketing and Customer Experience Operations, FedEx Express.“We are now living and working in the digital economy. The huge array of digital tools and channels available today makes it easier for small businesses to extend their reach internationally to find new customers and grow their businesses in the global market.I encourage all small businesses in India with passion and ideas to take their business global, to take part in this contest.”
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 onlineat fedex.com/grantcontest/in for the judges' consideration. InJune, the 10 shortlistedentrieswill 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 visitfedex.com/grantcontest/in. The grant winner will be awardedtheGrand Prize of INR 15,00,000.
Full details of the entry process and judging criteria for the Small Business Grant Contest India is available at fedex.com/grantcontest/in.
