FedEx employee “Sparticus” handles packages from a conveyer belt at the FedEx shipping center in Alpharetta, Thursday, December 14, 2017. /ALYSSA.POINTER@AJC.COM

FedEx launches contest to boost small businesses through grants

FedEx will disburse $120,500 through grants to small businesses to help local entrepreneurs expand operations.

Through the initiative, 10 small businesses will win grants ranging from $7,500 to $25,000. Winners will also get credit for print and business services from the company.

“We’ve learned a lot about the unique challenges small businesses face and it’s exciting to see the many ways our past winners have used their FedEx grants to grow and expand, both here in the U.S. and across the globe,” said Scott Harkins, the company’s senior vice president ofcustomer channel marketing.

According to FedEx, the national contest is open to U.S.-based for profit small businesses that have been operation for more than six months with fewer than 99 employees.

Small businesses can participate in the contest by submitting entries up until April 24 when the winners will be announced.

Last year’s winner, Sword and Plough, a Denver apparel company that supports veteran employment utilized the proceeds to expand its operations to 40 states and four other countries.

“FedEx understands the challenges small businesses face and their expertise has been an important part of the Sword & Plough journey,” said Emily Núñez, CEO of the company.

In other Business news:

These Fortune 500 companies are headquartered in Atlanta 23. Home Depot -- $94.6 million (2017 revenues) 46. UPS -- $60.9 million 64. Coca-Cola -- $41.9 million 71. Delta Air Lines -- $39.6 million 126. Aflac -- $22.6 million 145. Southern Company -- $19.9 million 180. Genuine Parts Company -- $15.3 million 242. First Data -- $11.6 million 303. SunTrust -- $9.2 million 331. Veritiv -- $8.3 million 353. PulteGroup -- $7.7 million 364. HD Supply Holdings -- $7.5 million 370. AGCO -- $7.4 million 409. NCR Co

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