FedEx, the American courier delivery service, has recently launched a contest for small businesses to raise funds for their business. The FedEx Small Business Grant Contest India acknowledges the incredible businesses and rewards them for their development.
Grand Winner of the contest receives INR 15,00,000 in form of cheque after several rounds of competition.
How to Enter the Contest
Follow these four steps to make an entry to the contest.
Step 1: Share your Business Profile
- In Business profile you have to mention an Elevator pitch, where you can explain about what you do, what services do you offer to your customers.
- What was your inspiration behind the business, what makes it stand out and how does it help to solve the problem of the community or the people in your organization.
- How would FedEx Small Businesses Grant money will impact your business and how are you going to use the funds.
Step 2: Upload Logos and Photos to Stand Out
- Upload your business logo in .jpg, .png or .gif format.
- You can also upload images of your workspace, people working around and the resources available in your company.
- Make sure images are good in quality and you own the copyrights.
- The image size should not exceed 7 Mb in size.
Step 3: Create an Elevator Pitch Video (Optional)
- A one minute elevator pitch video could make a lot of difference, because it creates better impact than images or texts.
- Make sure video quality is better and you explain motto of your business crisply.
- The size of video should not exceed 7 Mb is size.
Step 4: Share your profile with your Fans to secure Votes
- Once you’re done with all the steps above, get votes to increase your chances to win.
- Do not follow any fraudulent method, or black-hat techniques to gain votes it could lead to disqualification.
- Also, the contest follows one person-one vote policy, if a single person votes more than once it will be considered as void.
- Share your profile on all social channels and gain more visibility.
Timeline for the Contest
- Submission Period – April 24, 2018 to June 5, 2018
- Voting Period – May 2, 2018 to June 13, 2018
- Jury Selection (Top 10 Finalists) – 14 June, 2018 – July 17, 2018
- Announcement (Top 10 Finalists) – July 18, 2018
- Final Winner Announcement – August 23, 2018
All the details of shortlisting and announcements will be available on the official contest website. Link is provided below.
Eligibility for the FedEx Contest
- Owner of the organization must be atleast 18 years old to enter the contest.
- The Small Business enterprises must have completed minimum one year of service and not more than 15 years as on March 31, 2017.
- Turnover of the business should lie between INR 3-50 Crores during the year ended March 31, 2017, June 30, 2017, September 30, 2017 or December 31, 2017
- The business should have a good standing and should be able to sustain till the end of competition.
- No FedEx vendors or employees are allowed to enter the contest.
- The entry must pertain to only the Indian operations of small enterprises.
- Entrant must be registered in India with Registrar of Companies of India and entrant must provide a valid Goods and Services Tax Identification Number (GSTIN)during registration to send their entries
- Not under bankruptcy protection or have judicial liens or attachments.
For more details on eligibility and documents requirement please check the rules of FedEx Small Business Grant India website.
Tips from FedEx Small Business Grant Contest India Previous Winner
Varun Agro was awarded as the Grand Winner of 2017 FedEx Grant for Small Businesses. Mrs. Manisha Dhatrak, the Managing Director of Varun Agro, has some suggestions for the new entrants of 2018, who will compete for the Business grant and Brand recognition.
Here are some tips for the 2018 Business Entrants:
- The application should be a reflection of your Business passion.
- Highlight the USP (unique selling proposition) of your Business.
- Structure your answers well so that they are easily accessible.
- Write your application in MS Word, check for punctuation and grammar.
- Upload relevant images to your application.
See the Video here:
So what are you waiting for?
Enter the contest now and win upto INR 15,00,000 for your business.
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