2023 Scale-Up Pitch Challenge by FedEx® and National Black MBA Association® offers up to $50K in awards for Entrepreneurs
Entrepreneurship has always been a driving force behind innovation and economic growth. However, access to funding and resources can often be a significant hurdle for aspiring entrepreneurs, particularly those from underrepresented communities. In an effort to bridge this gap and support the growth of minority-owned businesses, FedEx® and the National Black MBA Association® (NBMBAA) have joined forces to launch the 2023 Scale-Up Pitch Challenge.
The Scale-Up Pitch Challenge is an annual competition that aims to identify and reward promising entrepreneurs who are ready to take their businesses to the next level. The challenge is open to all entrepreneurs, but it specifically targets minority-owned businesses, with a focus on African American entrepreneurs.
One of the standout features of this competition is the substantial financial support it offers. The winners of the Scale-Up Pitch Challenge can receive up to $50,000 in awards, which can be a game-changer for many entrepreneurs looking to scale their businesses. This financial support can be used for various purposes, such as expanding operations, investing in marketing and advertising, or hiring additional staff.
However, the Scale-Up Pitch Challenge is not just about the monetary rewards. It also provides participants with invaluable exposure and networking opportunities. Finalists will have the chance to present their business ideas to a panel of esteemed judges, including industry experts, investors, and executives from both FedEx® and NBMBAA. This exposure can open doors to potential partnerships, collaborations, and even further funding opportunities.
To participate in the Scale-Up Pitch Challenge, entrepreneurs need to submit a comprehensive business plan that outlines their vision, strategy, and growth potential. The plan should also highlight how the business aligns with the values and goals of both FedEx® and NBMBAA. The competition is open to businesses across various industries, including technology, healthcare, finance, and more.
The judging criteria for the Scale-Up Pitch Challenge are based on several key factors. These include the viability and scalability of the business model, the potential for growth and profitability, the impact on the community, and the overall presentation and communication skills of the entrepreneur.
The Scale-Up Pitch Challenge is not just a one-time event. It is part of a broader initiative by FedEx® and NBMBAA to support minority-owned businesses and foster economic empowerment. Through this partnership, both organizations aim to create a more inclusive and equitable entrepreneurial ecosystem, where all entrepreneurs have equal access to resources and opportunities.
The 2023 Scale-Up Pitch Challenge is an exciting opportunity for entrepreneurs to showcase their innovative ideas, gain valuable feedback, and secure the financial support needed to scale their businesses. By providing a platform for underrepresented entrepreneurs to thrive, FedEx® and NBMBAA are playing a crucial role in driving economic growth and fostering diversity in the business world.
If you are an entrepreneur with a vision for growth and a passion for making a difference, the Scale-Up Pitch Challenge could be your ticket to success. Don’t miss out on this incredible opportunity to take your business to new heights and make a lasting impact on your community. Start preparing your business plan today and get ready to pitch your way to success in the 2023 Scale-Up Pitch Challenge by FedEx® and NBMBAA.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Automotive / EVs, Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- BlockOffsets. Modernizing Environmental Offset Ownership. Access Here.
- Source: Plato Data Intelligence.