FedEx Express (FedEx), a
subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express
transportation companies, has announced the Winner of its 2024 Small
Business Grant Contest (SBGC) TM in Asia Pacific. Three other
companies were recognized with Special Mentions. The four companies from Indonesia,
Malaysia, Philippines & Singapore will share a prize pool of US$69,000,
each receiving a grant to accelerate their business in the region and beyond.
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Photo Caption: L-R – Kawal Preet,
President AMEA, FedEx Express with Four Start-up CEOs and Kawal Preet with Tan
Min-Han, Founder and CEO, Lucence, the winner of FedEx Small
Business Grant Contest |
This is the third year that FedEx is collaborating with Forbes Asia to identify
rising start-ups from the Forbes Asia 100 to Watch list. A panel of judges from
FedEx and Forbes Asia selected the finalists from among the region’s most
outstanding start-ups and small businesses across a broad spectrum of
industries. Four companies stood out with their remarkable vision and scalable
business ideas.
The Winner received a grand prize worth US$30,000:
The following three small businesses were accorded
Special Mentions and awarded a cash prize of US$13,000 each:
- Malaysia: Kamarul A Muhamed, Founder and Group CEO, Aerodyne (Enterprise
Technology) - Aerodyne is a drone-based enterprise solutions provider. The
company’s autonomous drones can spray crops, inspect power lines, or monitor
city streets.
- Indonesia: Larry Ridwan, Founder and CEO, Fresh Factory (Logistics &
Transportation) - Fresh Factory is an integrated cold chain fulfillment company
specializing in storing and delivering chilled, frozen, and dry goods.
- Philippines: Brian Cu, Cofounder and CEO, SariSuki (Agriculture) - SariSuki
is a social e-commerce start-up that sells groceries through its website and
app, aiming to transform the Philippines’ retail landscape.
"Supporting small businesses ultimately opens new possibilities for
the economic development of communities all around the world. That’s why we are
so passionate about nurturing entrepreneurship and empowering small businesses
in the region," said Kawal Preet, president of Asia Pacific, Middle East
& Africa, FedEx Express. "This year's applicants exemplify the spirit
of innovation that is shaping the future of business. It’s so exciting to see
how these agile innovators are developing solutions that directly impact local
communities as well as addressing wider global needs."
First launched in the U.S. in
2012, the FedEx SBGC now covers 31 international markets across Asia Pacific, Europe,
and Latin America. For more information about the contest, please visit.
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