FedEx Small Business Grant Deadline 2024

What is the FedEx Small Business Grant 2024 Deadline? Small business grants are usually not offered by the federal government. State government and other nonprofit organizations offered small business grants for a specific group of people and for specific purposes.

These small business grants by the state government are offered to create jobs opportunity and boost the economy. You can also apply for fedex grants for small business and get funding for your startups.

Apply For FedEx Small Business Grant Contest

Fedex small business contest is the best funding program for small business owners who need funding for their newly opened small business. Not everyone can qualify for small business grants because these small business grants are usually given for some specific purpose. Some business grants are only available for the minorities like African Americans, Hispanic groups, women, and others.

There are specific business grants for Native Americans also. Grants are available for technology-based businesses, innovative businesses, and others.

Many people think that anyone can get any kind of grant money, just by applying. But this is not true, you have to apply for a specific grant and have to follow the fedex grant application process,

Many small business grants are offered by a variety of organizations. Many grants are offered by private foundations also. FedEx Small Business grant is one of those.

Read this full article to find out what you need to know to enter – and maybe even win – the FedEx Small Business Grant competition.

FedEx Small Business Grant 2024 Deadline and Contest Dates

The 2024 contest will begin accepting entries on January 31, 2024 at 12 p.m. m. ET (noon) and will end on February 21, 2024 at 12 p.m. m. ET (noon). The People’s Choice voting period will take place on February 27, 2024 and end on March 8, 2024.

During the People’s Choice voting period, the qualified entrant with the most votes during each 24-hour period will win a $1,000 digital cash gift card. In the event of a tie, the deciding factor will be the participant who has reached the number of the tie first.

An entrant can only win one digital cash gift card during the People’s Choice voting period. The top 100 finalists will be announced on April 12, 2024, and the final 10 winners will be announced on May 11, 2024.

What Is the FedEx Small Business Grant?

The FedEx Small Business Grant Program is a competitive grant program offered by FedEx. Since 2012 FedEx awarded this grant program to all U.S.-based small businesses with grant money to grow their business.

FexEx small business grants are open for all young entrepreneurs, veteran-owned businesses, the healthcare industries, minority-owned businesses, and sustainability-focused businesses.

If you are a veteran then you can also check out the other opportunities to get business startup grants for veterans.

What was the Fedex Small Business Grant 2024 Deadline?

Fedex small business grant 2022 deadline was 28th February. This year the deadline for the FedEx small business grant was 02/28/2023. So hopefully, the 2024 FedEx small business grant deadline will be 02/28/2024.

What is the FedEx Small Business Grant Prize Money?

12 final participants will receive the FexEx small business grant money, business services, and additional prizes. FexEx Small Business grants are available in all states and the top 10 U.S based small businesses receive grants of up to $50,000 and up to $4,000 in FedEx office print and other business services.

Fedex Entrepreneur Fund

The FedEx ® Entrepreneur Fund, in collaboration with Hello Alice and the Global Entrepreneurship Network (GEN), will award $10,000 grants to 30 small businesses owned by military-related entrepreneurs and people with disabilities in the United States.

Applications are now open for the FedEx ® Entrepreneur Fund for small businesses owned by military-connected entrepreneurs and people with disabilities.

To be eligible, small businesses must be:

• Majority (51%+) owned and operated by entrepreneur(s) with disabilities OR
• Majority (51% or more) owned and operated by military-related businessperson(s): includes military family members, military spouses, active duty, or veterans.

FedEx Small Business Grant Amount

This year the competition will award a total of $120,500 in grant money to 10 US small businesses. According to the site, the award is shown.

• Grand Prize: One (1) winner of $25,000 and $7,500 in FedEx Office Print and Business Services
• Silver Prize: One (1) winner of $15,000 and $5,000 in FedEx Office Print and Business Services
• Bronze Award: Eight (8) winners of $7,500 and $1,000 in FedEx Office Print and Business Services

FedEx Small Business Grant 2022 Winners

The FexEx Small business grant 2022 is now closed. This year, more than 18,000 small businesses participate in this program. Kulture Khazana LLC, Niche Snowboards, and Terra Beauty Products wins the grand prize and Received $50,000 and $4,000 in FedEx Office print service.

CareHalo, Copper River Fish Market, Every Tiny Thing LLC, Hikers Brew Coffee, Muvez LLC, and True Garden LLC wins the First prize and Received $20,000 and $1,500 in FedEx Office print services.

Who Is Eligible for the FedEx Small Business Grant 2024?

As we all know that the FedEx Small Business Grant is designed to support all U.S based small businesses. To be eligible for this grant program your small business must meet the eligibility requirements.

Check out these eligibility requirements to ensure your eligibility for this small business grant program.

• Small business owners must be legal residents of the United States or the District of Columbia.
• The owner must be at least 18 years of age at the time of fedex small business grant application.
• The owner must be an authorized agent of the small business.
• Your small business must be situated in the 50 states of the U.S or the District of Columbia.
• Small businesses must be selling services or products for not less than 6 months at the time of application.
• Your business must have all required documents, licenses, and registrations.
• Business must be currently active and lawful.
• You must have the 9-digit FedEx shipping account number.
• Your small business must have a shipping and printing need for the business.
• The primary purpose or goal of the small business must not be in direct competition with FedEx or any FedEx operating companies.
• Your business must not be under bankruptcy protection.
• Lastly, your business must have no more than 99 employees on its payroll.

Some other eligibility requirements to apply for the FexEx small business grant contest are:

• The business, or any owner or any investor may not have a previous FedEx small business grant contest winner, or
• a past or current member of the FedEx Entreneur Advisory board, or
• a FedEx ship center location, or any other reseller.

How You Can Apply for FedEx Small Business Grant Now

The FedEx Small Business Grant is a compilation contest where you have to win a position to get the grant amount. The fedex grant contest is judged by the public and by FedEx officials both.

Appling For the FedEx Small Business Grant Contest

The FedEx grant program contest is basically announced during the first quarter of the year and the application is open for just 3 weeks. When the fedex small business grant application process is open just visit the website and fill in the required information like:

• Your business name, website, location
• Your FedEx shipping account number
• An elevator pitch video (optional)
• 4 photos of your business, logo, or products

Remember that the context moves too quickly, in 2022, the entry period opened on Feb 16 and closed on March 9. The public voting period lasted for just two weeks and winners were chosen on May 10. From beginning to end, the entire process took less than 3 months.

How the Winners of the FedEx Small Business Grant Contest Selected?

When the fedex small business grant application entry period ends, anyone can visit the grant contest page and vote for their favorite contestant. They can narrow down the contestant pool, then FedEx judges choose the top 12 winners by considering several things.

At first, they will check how engaging, and clear your essay and videos were. Then they will check the social presence of the business and the brand voice of your business. FedEx judges will also check out your small business’s website and verify whether your website is easy to navigate.

With these, they will also check out some important things like positive community impact, your degree of innovation, level of environment-friendly aspects or sustainability, and your brand alignment with FedEx or their partner’s brand.

After considering all the aspects and factors, FedEx judges will select the top 12 FedEx small business grant contest winners, and then they will choose the grand prize winners and 2nd place winners.

Rest 10 contestants will receive the 3rd place prize, and among them, one small business will be selected for the Entrepreneur Choice Award winner.

Receiving The FedEx Small Business Grant Money

FedEx small business grant winners are announced on the FedEx Grant awards webpage and also notified via email. Visit their webpage www.fedex.com/grantcontest and you will see the grant winners.

When it comes to the cash grant, you can use the cash grant for your business how you want. But printing awards and small business center services are offered under FedEx guidance and mentoring.

Through the cash grant, you can easily choose to expand your business opportunities into national or international markets. You can also use the mentoring support offered by FedEx to kick-start online marketing to reach your e-commerce customers.

Receive and Administer the FedEx Small Business Grant

Grant winners are notified by email and announced on the FedEx grant awards page, www.fedex.com/grantcontest. While FedEx offers mentorship and guidance for the use of its in-kind awards for printing and small business center services, you’ll be on your own when it comes to how to use the cash grant portion of the award to your best advantage.

Some business owners choose to expand their operations into new national or international markets. Others, like the winner of the 2020 Access Trax contest, used the winnings and website analytics and mentoring support provided by FedEx to launch an online marketing strategy to better reach e-commerce consumers.

FedEx Small Business Grants Support

To enter the FedEx Small Business Grant Contest, go to fedex.com/grantcontest and follow the instructions at the “enter now” link.

Some business owners choose to expand their operations into new national or international markets. Others, like the winner of the 2020 Access Trax contest, used the winnings and website analytics and mentoring support provided by FedEx to launch an online marketing strategy to better reach e-commerce consumers.

Top 3 Best Small Business Grants for Women

The Amber Small Business Grant is the best small business grant program for women. The Amber Scholarship is awarded monthly and one of the monthly winners also receives additional funding annually.

The Girlboss Foundation Grant Program Awards are given twice a year to creative individuals who are in the early stages of starting a business. Each grant includes $15,000 in the project. Learn more about girlboss foundation grant, or apply for Girlboss foundation grant program.

The Walmart Foundation Grant is seeking applications for its 2022 Local Community Grant Program to help support the communities Walmart serves. Local Community Grants are awarded through an open application process and provide funding directly from Walmart. Learn more about Walmart community grant program and apply now.

Other Small Business Grant Programs 2024

Small Business Innovation Research and Small Business Technology Transfer Programs. The SBIR and STTR grant programs focus on research and development for technological innovation and scientific research.

US Department of Commerce Minority Business Development Agency (MBDA) Specific grants and loans designed to help minority-owned businesses are offered year-round.

USDA Rural Business Development Grants: The US Department of Agriculture administers the Rural Business Development Grants program, which provides funding to strengthen and grow small businesses in rural communities.

Small Business Development Centers: Your local Small Business Development Center, or SBDC, provides support to small businesses and aspiring entrepreneurs. They are often associated with local universities or a state’s economic development agency, and many can help you connect with small business grants.

Conclusion

Please remember that the content of this article is intended to be used as general guidelines and may not apply to your specific situation. Always consult with a professional accountant to ensure you adhere to accounting standards regarding the handling of grants or contest winnings.

Contact us to know more about Fedex small business grants deadline.

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