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FedEx® and National Black MBA Association® Collaborate for the 2023 Scale-Up Pitch Challenge, Offering Up to $50K in Awards for Entrepreneurs

FedEx® and National Black MBA Association® Collaborate for the 2023 Scale-Up Pitch Challenge, Offering Up to $50K in Awards for Entrepreneurs

FedEx®, a global leader in logistics and delivery services, has joined forces with the National Black MBA Association® (NBMBAA®) to launch the 2023 Scale-Up Pitch Challenge. This exciting collaboration aims to support and empower entrepreneurs from diverse backgrounds by providing them with an opportunity to showcase their innovative ideas and win up to $50,000 in awards.

The Scale-Up Pitch Challenge is designed to identify and promote promising startups and small businesses owned by individuals who are members of the NBMBAA®. The NBMBAA® is a non-profit organization dedicated to fostering the growth and development of African American professionals in various industries, including business, finance, and entrepreneurship.

The challenge will provide a platform for entrepreneurs to pitch their business ideas to a panel of industry experts, venture capitalists, and FedEx® executives. Participants will have the opportunity to receive valuable feedback, gain exposure, and potentially secure funding to scale their businesses.

To be eligible for the Scale-Up Pitch Challenge, entrepreneurs must be members of the NBMBAA® and have a business that has been in operation for at least one year. The competition is open to businesses across various sectors, including technology, healthcare, e-commerce, and sustainability.

The judging criteria for the challenge will focus on several key factors, including the viability and scalability of the business model, the potential for growth and impact, and the overall presentation and communication skills of the entrepreneur. The panel of judges will evaluate each pitch based on these criteria and select the winners.

The awards for the Scale-Up Pitch Challenge will include cash prizes, mentorship opportunities, and access to resources and networks provided by FedEx® and the NBMBAA®. The grand prize winner will receive up to $50,000 in funding to support their business growth, while the runners-up will also receive significant financial support.

This collaboration between FedEx® and the NBMBAA® highlights their commitment to fostering diversity and inclusion in the business world. By providing a platform for underrepresented entrepreneurs to showcase their talents and ideas, they aim to create a more equitable and inclusive entrepreneurial ecosystem.

The Scale-Up Pitch Challenge not only offers financial support but also provides entrepreneurs with access to valuable resources and networks. This support can be crucial for startups and small businesses, as it can help them overcome challenges, expand their reach, and accelerate their growth.

Entrepreneurs who participate in the challenge will have the opportunity to connect with industry experts, potential investors, and other like-minded entrepreneurs. This networking aspect of the challenge can open doors to new partnerships, collaborations, and business opportunities.

The 2023 Scale-Up Pitch Challenge is an exciting opportunity for entrepreneurs to gain recognition, funding, and support for their businesses. By collaborating with the NBMBAA®, FedEx® is demonstrating its commitment to empowering underrepresented entrepreneurs and driving innovation in the business world.

If you are an entrepreneur who is a member of the NBMBAA®, this is your chance to showcase your business and take it to the next level. Prepare your pitch, refine your business model, and get ready to seize this incredible opportunity. The Scale-Up Pitch Challenge could be the catalyst that propels your business towards success.

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