$50,000 FedEx Small Business Grant

Millions of veterans around the country have small businesses. They may have a business offering services such as landscaping, power washing, or mobile detailing, for example. They may want to grow their business, but lack the funds to make the move to do it. Veterans who would like to take their business idea and grow it, yet need some financial assistance to make it happen, can apply for a $50,000 FedEx Small Business Grant. To apply for this grant, click here .

FedEx, a leader in the shipping industry around the world, offers several small business grants every year. The purpose of the grants is to help small businesses grow. Whether they need the equipment, supplies, or something else to make it happen, the grants can be used as the capital that is needed to take your business idea to the next level. The FedEx Small Business grant is awarded every year, with 10 people being given awards.

The Top Grant Amounts

The FedEx Small Business Grant Contest gives away 10 grants each year. The grand prize award is $50,000, while the second award is for $30,000, and the third grant award is for $15,000. Each of those top three awards also comes with an award of FedEx Office print and business services that you can use for any shipping and mailing needs your business may have.

The amount of the grants can change each year, with them usually growing some from year to year, as the contest becomes more popular. Although the amounts change each year, the top three grants awarded are always significant amounts. The others are lower amounts that can still be quite helpful for getting your business further established and help it grow or obtain necessary supplies and equipment.

Qualifications for the Grant

In order to qualify for the FedEx Small Business grants, your business has to have been going for at least six months. This means you need to get it up and running, and then you can apply for the financial assistance to help grow it or obtain additional items you  need for your business to be successful.

To enter the grant contest, you have to write a short profile, upload a logo and photos, and create a short video. Your video just needs to be one minute long, telling about what your business is and why you need additional funding for it. Once you have submitted that it will be posted online where people around the world will vote for who they think should win the grants.

The grant application window dates vary each year, but they are in February and March. The grant winners are announced each year in April.

How Grant Winners are Chosen

Each year, there are many people who enter this grant contest. Even so, everyone has a chance at winning of the grant that they give award. People around the world will vote on who they think should win the grant, based off of watching your video and reading your short bio. The applicants that get the most votes will likely be the ones who are awarded the grants. The more you promote the voting to your friends, family members, and people in your community, the more votes you will end up getting.

Putting together the information to enter this grant contest should not take long, and as long as you don’t mind getting people to log onto their website to vote for you, then you will get plenty of votes. FedEx says that the voting is one of the main factors in determining who is awarded the grants, so it’s a good idea to get as many as you can. When putting together your video and profile, be sure to share that you are a veteran who has a dream of growing a business. Being a veteran, many people you don’t know will be more likely to want to give you their vote for the sacrifices you have made for the country.

Veterans who would like to take their small business idea and turn it into something bigger can do that with the help of small business grants. The FedEx Small Business Grant is an annual contest that has numerous small businesses to achieve their goals. They may be able to help you achieve yours, too.