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FedEx is a subsidiary of FedEx(NYSE: FDX) and the world's courier transportation company. Today,it announced the launch of a small business grant competition inEurope. The competition provided a total of nearly 250000 euros ingrants to European small businesses to help them grow and achievetheir aspirations. This competition will be open to smallbusinesses in 16 countries as a single pan Europeancompetition.
This competition is open tofor-profit small businesses with 50 or fewer employees from thefollowing European countries: Austria, Belgium, Czech Republic,Denmark, France, Germany, Greece, Ireland, Israel, Italy,Luxembourg, Netherlands, Poland, Portugal, Spain, and the UnitedKingdom. 15 finalists will be selected to compete for the GrandPrize (50000 euros) or one of three Jury Choice Awards: DigitalAward, Sustainable Development Champion Award, and InnovationMaster Award (15000 euros each).
In addition to the finalistscompeting for one of the four awards presented by the jury,companies that have not yet been shortlisted will also participatein the public stage and can win the People's Choice Award in theirrespective countries. In addition, there are 15 winners, each ofwhom will receive 10000 euros.
"At the time, running a smallbusiness was difficult, but the past 18 months have indeed drivensmall and medium-sized enterprises to adapt to survival," saidHelena Jansson, Senior Vice President of FedEx International andmember of the Small Business Grants Competition judging committee.Through the Small Business Grants Competition, we hope to supportour small businesses, help them realize their dreams, and write thenext chapter of their stories.