HONG KONG, June 13, 2017 — FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced the winners of the FedEx Small Business Grant Contest in Asia Pacific. Twelve winners and runners up shared a prize pool of more than US$80,000, each receiving a grant to help develop their business internationally.
Entries to the FedEx Small Business Grant Contest came from a diverse range of industry sectors. The winners all shared a common quality – a simple, compelling business idea with the potential to expand into other markets. The grand prize winners were:
- China: Leverage Limited, a technical service provider offering factory audit, product inspection, safety testing, CSR strategy building and report compilation.
- Hong Kong: Ana by Karma Limited, a social enterprise selling hand-made Bhutanese scarves.
- Singapore: Mighty Jaxx International Pte. Ltd, a design studio that specializes in developing art collectibles.
“Being an SME doesn’t necessarily mean thinking and acting local. FedEx-research[1] shows that international exports can be a key driver of growth and profits for SMEs,” said Karen Reddington, president, FedEx Express Asia Pacific. “FedEx sees the huge possibilities in small businesses and through the Small Business Grant Contest, we aim to inspire SMEs to tap into global markets and realize their full potential in this increasingly connected world.”
The contest was open to all for-profit Chinese, Hong Kong and Singaporean SMEs that have been operating for six months or more. In March, eligible SMEs were first required to submit their business stories online. Selected finalists then progressed to the final judging stage in May.
Originally conceived in the US five years ago, the FedEx Small Business Grant Contest was first rolled out in the region last year and expanded to China this year. In addition to Asia Pacific, the contest also took place in six other markets globally[2].
For more information about the FedEx Small Business Grants Contest winners and runners up in Asia Pacific, please visit:
China: fedex.com/grantcontest/cn
Hong Kong: fedex.com/grantcontest/hk
Singapore: fedex.com/grantcontest/sg
About FedEx Express
FedEx Express is the world’s largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date with a money-back guarantee[3].
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $58 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 400,000 team members to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.
[1] “Global Trade in the Digital Economy: Opportunities for Small Businesses” a commissioned research study conducted by Harris Interactive on behalf of FedEx, September 2016
[2] The 2017 FedEx Small Business Grant contest was held in Asia Pacific (China, Hong Kong, Singapore), Europe (France, Germany, Italy, the United Kingdom), Latin America & Caribbean (Brazil), and Middle East, India & South Africa (India).
[3] Subject to relevant terms and conditions.