FedEx is one of the leading providers of shipping and mailing services in the world. It also offers grants to small businesses that are looking to grow and expand their operations. If you’re interested in applying for a FedEx small business grant, make sure you follow these six tips!
1. Check Your Eligibility
The first step is to make sure you and your business meet the eligibility requirements for the grant. You can find these on the FedEx website.
General requirements include being a for-profit small business with fewer than 99 employees, having been in operation for at least 6 months, and has a shipping need for the business.
There are also specific requirements for each grant program, so be sure to read through all the information carefully before you apply.
2. Research What Type of Grant Would Be Best for Your Business
FedEx offers grants for businesses in a variety of industries. There are also grants specifically for women-owned businesses, minority-owned businesses, and businesses located in certain geographic regions.
Think about what type of grant would be most beneficial for your business and make sure to apply for the one that best suits your needs.
For example, the FedEx Small Business Grant Contest is a great option for businesses that are looking for exposure and publicity.
But if you need funding to help with operational costs, the FedEx GiveBack Grant might be a better fit.
Do your research and make sure you apply for the grant that will best help your business succeed.
3. Complete the Application Carefully and Completely
The next step is to fill out the application for the FedEx small business grant you’re interested in. Make sure you complete it carefully and include all the required information.
If you don’t follow the instructions or leave out any important details, your application will likely be rejected. So take your time and make sure everything is filled out correctly.
And if you have any questions, don’t hesitate to reach out to FedEx for clarification. Its team is always happy to help.
4. Follow Up With FedEx After You Submit Your Application
After you submit your application, make sure to follow up with FedEx. This shows that you’re serious about getting the grant and that you’re willing to put in the extra effort.
You can follow up by email or phone. And if you don’t hear back from them within a few weeks, reach out again. They may have just been busy and needed a reminder.
But don’t be too pushy. You don’t want to come across as desperate or annoying. Just be polite and professional, and you’ll be fine.
Following up is a great way to show your enthusiasm and make sure your application doesn’t get lost in the shuffle.
5. Prepare To Present Your Business to the Review Board
If your application is selected for the next round, you’ll need to present your business to the review board. This is your chance to show them why you deserve the grant and how you plan on using the money.
So take some time to prepare for this. Practice your presentation, and make sure you have all the information they might need.
This is your chance to make a good impression, so don’t take it lightly. Prepare as much as you can and give them a presentation they won’t forget.
Extra Tip: Don’t give up! The process of applying for and receiving a grant can be long and tedious. But it’s worth it if you’re able to get the funding you need to grow your business.
These are just a few tips to help you get a FedEx small business grant. If you follow these steps, you’ll be well on your way to getting the funding you need to grow your business.
Good luck! We’re rooting for you.
Do you have any other tips for getting a small business grant? Share them in the comments below!
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Tamila McDonald has worked as a Financial Advisor for the military for past 13 years. She has taught Personal Financial classes on every subject from credit, to life insurance, as well as all other aspects of financial management. Mrs. McDonald is an AFCPE Accredited Financial Counselor and has helped her clients to meet their short-term and long-term financial goals.