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.
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