FedEx Announces Winners of Small Business Grants

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


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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