MISSISSAUGA, Ont. – FedEx Express Canada is shifting its annual Small Business Grant Contest prize money to help businesses suffering due to the coronavirus pandemic.
The program will award CAD $5,000 to 30 Canadian small businesses that have been affected by COVID-19. Whether a business is looking to refresh its business model, shift to selling and shipping online, replenish inventory, or simply pay monthly expenses, the grant is aimed at providing Canadian small businesses with additional support to help ease some of the burdens they are facing.
“These are unprecedented times and Canada’s small business community is feeling it the most,” said Lisa Lisson, president, FedEx Express Canada.
“This is a sector that has built everything from sweat and toil. As Canada’s largest employment sector, our small businesses are the backbone of our economy and we are committed to do what we can to protect the dignity and lifelong passion of our entrepreneurs and their employees.”
The #SupportSmall grant initiative is open to Canadian based for-profit small businesses that have 99 or fewer employees and have been in business and selling for more than one year. The new initiative ensures an easy and simple application process. Further, there will be no restrictions placed on the grant recipients as to how they choose to allocate the funds.