Thursday, June 29, 2017
FedEx Announces Indian Small Business Grant Finalists in India
FedEx Express, a subsidiary of FedEx Corp and the world’s largest express transportation company, has announced the finalists of its Small Business Grant Contest in India. Competing for a grand prize of Rs 15,00,000, the finalists successfully emphasized their global ambitions while articulating their future growth plans, and now enter the final stage of the contest.
To select the finalists, FedEx assessed each entrant’s inspiration to grow their business internationally, how they would utilize the grant, and financial performance of the business. Extra credit was also given to entries exhibiting unique or innovative products or service offerings, or a business which positively impacts the community.
Shortlisted from more than 100 entries, the top 10 companies have been selected across a range of industries and include:
· Bhayaji Mercantile Private Limited
· Bipha Drug Laboratories Private Limited
· BNA Automotive India Private Limited
· Collateral Medical Private Limited
· Delta Exports International
· DRC Techno
· Flinto Learning Solutions Private Limited
· Ma Foi Analytics
· Pagariya Foods Product Private Limited
· Varun Agro Processing Foods Private Limited
“In this first year of the FedEx Small Business Grant contest in India, we are thrilled to receive such a large number of high-caliber entries. It’s fantastic to see Indian small businesses recognizing the value of export opportunities to grow their business,” said Philip Cheng, vice president, Ground Operations India, FedEx Express. “There is a whole world of opportunity available, and at FedEx, we are passionate about providing small businesses with the support and guidance to access into new markets. We believe that the Small Business Grant contest will support companies to pursue their global ambitions, and we look forward to announcing the winner shortly.”
In the next stage of the contest, selected finalists will further detail their international growth plans, and present these to an independent panel of judges. The winner of the contest will be announced on July 13, 2017.
Originally launched in the U.S., the FedEx Small Business Grant Contest has expanded to India, Hong Kong, China, Singapore, Brazil, France, Germany, Italy, and the UK.
FedEx plays an important role in connecting small businesses with a world of opportunities through the strength of its global network of 220 countries and territories. Offering a range of tailored shipping solutions to small businesses, FedEx provides peace of mind enabling them to focus on their core business.