FedEx Announces Winners of Small Business Grants

Darn Good Yarn wins top prize, five businesses awarded smaller prizes.

FedEx has announced the winners of the FedEx Small Business Grant Competition.

Darn Good Yarn, a small business based in Sebec, Maine, has been named the grand prize winner. The business will receive a $25,000 grant to invest in and further grow its business.

“This grant from FedEx will allow me to hire more women in Nepal and India, giving them independence and a means to support their families while also providing Darn Good Yarn with more product to sell,” said Nicole Snow, owner and founder of Darn Good Yarn. “FedEx has provided a way for me to further follow my dream of running a successful small business while doing good in the global community.”

FedEx also awarded grants of $5,000 each to five other small businesses.

To find out which ones, read the story at MarketWatch