FedEx Launches New Competition to Give Small Businesses in India the Opportunity to Go Global
MUMBAI, May 04, 2017 — FedEx Express, a subsidiary of FedEx Corp (NYSE: FDX) and 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, 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.”
The contestis open to all for-profit Indian small businesses that have been operating fora year or more. Between, April 25 – May 23, contestants can submit theirbusiness stories online atfedex.com/grantcontest/in for the judges'consideration. In June, the 10 shortlisted entries will be announced andinvited to present a live pitch of their business story. The contest winnerwill be announced in July. For the contest's Official Rules in India, pleasevisit fedex.com/grantcontest/in.The grant winner will be awarded the Grand Prize of INR 15,00,000.
Full detailsof the entry process and judging criteria for the Small Business Grant ContestIndia is available at fedex.com/grantcontest/in.
FedExExpressis the world’s largest express transportation company, providing fastandreliable delivery to more than 220 countries and territories. FedEx Expressusesa global air-and-ground network to speed delivery of time-sensitiveshipments,by a definite time and date supported by a money-back guarantee.
AboutFedEx Corp.FedEx Corp. (NYSE: FDX) provides customers andbusinesses worldwide with a broad portfolio of transportation, e-commerce andbusiness services. With annual revenues of $58 billion, the company offersintegrated business applications through operating companies competingcollectively and managed collaboratively, under the respected FedEx brand.Consistently ranked among the world’s most admired and trusted employers, FedExinspires its more than 400,000 team members to remain “absolutely, positively”focused on safety, the highest ethical and professional standards and the needsof their customers and communities. To learn more about how FedExconnects people and possibilities around the world, please visit about.fedex.com.