FedEx Launches Grant Contest, Capital One Helps Black-Owned Companies, Extra Funding Alternatives


Some massive companies are stepping as much as help native, impartial manufacturers with small enterprise grant alternatives. This week, FedEx opened up functions for its tenth annual Small Enterprise Grant Contest. And Capital One unveiled a brand new grant program for Black-owned companies. Examine these small enterprise grants and extra present alternatives beneath.

FedEx Small Enterprise Grant Contest

FedEx hosts an annual contest to award grant funding to deserving small companies. That is the tenth 12 months for the competition. This 12 months, the preliminary utility interval goes from February 10-28. Companies with 100 workers or fewer are eligible to use. The appliance course of requires signing up for a FedEx account, writing an organization bio, and importing photographs and movies. After that, a high 100 companies shall be chosen. And a public voting interval will decide the final word winners. A grand prize of $50,000 will go to 3 winners. And 7 first place winners will obtain $20,000, together with different prizes. The entire high 100 companies will obtain mentoring {and professional} consultations. Moreover, the tenth anniversary of FedEx’s grant program options extra alternatives for companies in sure niches. Winners in particular classes like Younger Entrepreneur, Sustainability Targeted, Healthcare, Veteran-Owned, and Minority-Owned might obtain $10,000 and FedEx vouchers.

Capital One Enterprise Grant Program for Black-Owned Companies

Capital One, in partnership with the Affiliation for Enterprise Alternative, is launching the brand new Capital One Enterprise grant program. This system gives $10,000 grants for Black-owned companies, together with a free useful resource hub that features insights and actionable recommendation from profitable entrepreneurs. The Capital One Enterprise Grant program will formally launch on March 10. You’ll be able to join updates on the Affiliation for Enterprise Alternative’s web site.

Atlanta Resurgence Grants

Town of Atlanta not too long ago introduced a $10.4 million grant program to help the town’s small companies. This system is funded via the American Rescue Plan. Resurgence Grants could also be for as much as $40,000 and might reimburse eligible companies and nonprofits for bills relationship again to March 3, 3021. The appliance interval opens March 1. And the deadline to use is April 29.

New Jersey Financial Improvement Authority Small Enterprise Enchancment Grant

The New Jersey Financial Improvement Authority simply opened a brand new spherical of grant funding to help companies affected by the pandemic. The $15 million Small Enterprise Enchancment Grant Program is a part of the group’s Major Avenue Restoration Program. The general purpose is to enhance native enterprise resiliency and create alternatives for progress. Grants could also be for between $5,000 and $50,000. And companies might even request matching reimbursement funds for choose tasks already accomplished. Nevertheless, companies should meet location and wage necessities to stay eligible.

North Carolina Baby Care Stabilization Grant

North Carolina launched its Baby Care Stabilization Grant program final 12 months. And this system remains to be accepting functions from the state’s baby care facilities to help struggling companies and preserve a wholesome workforce. For the reason that program’s launch, the North Carolina Division of Well being and Human Providers has awarded $335,859,284 to three,961 baby care companies. And greater than 90 p.c of eligible baby care packages which have utilized have acquired funding. Functions are nonetheless accessible on-line and accepted on a rolling foundation.

Picture: Depositphotos


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