FedEx® and National Black MBA Association® Collaborate for the 2023 Scale-Up Pitch Challenge, Offering Up to $50,000 for Entrepreneurs

The National Black MBA Association (NBMBAA) is thrilled to announce its partnership with FedEx® for the highly anticipated 2023 Scale-Up Pitch Challenge. This collaboration aligns with NBMBAA's mission of fostering wealth-building opportunities for its members by providing a platform for startups to showcase their innovative ideas and secure funding.    

The Scale-Up Pitch Challenge, aptly named "Make Big Ideas Bigger," offers aspiring entrepreneurs the chance to gain exposure, connect with early-stage investors and venture capitalists, and receive financial support for scaling their businesses. Since its inception in 2017, the competition has served as a catalyst for success, propelling previous winners to experience exponential growth and attract significant investments.    

"We invite all forward-thinking entrepreneurs to seize this incredible opportunity to receive working capital that can fuel their scaling efforts," said Shawn Graham, NBMBAA Interim CEO. "We are immensely grateful for FedEx's consistent support in driving our association's business owners forward towards a brighter future."    

The Scale-Up Pitch Challenge will culminate at the National Black MBA Association's Annual Conference, taking place in Philadelphia on September 14th. Ten semi-finalists will have the honor of competing, showcasing their scalable startup ideas, and gaining valuable insights from industry experts. From this group, the top three contestants will advance to the finals on September 15th, where they will have the opportunity to secure up to $50,000 in non-dilutive funds.    

The financial support offered through this challenge holds immense potential to contribute to the growth and development of the winning entrepreneurs' businesses. This opportunity to connect with early-stage investors and venture capitalists will further enhance their prospects for success.    

Startups that believe their ventures embody "Big Ideas" with the potential to reach even greater heights are encouraged to participate in this thrilling challenge. The application submission for the FedEx® 2023 Scale-Up Pitch Challenge is currently open and will close on August 4, 2023. Missing out on this chance to elevate your startup to new heights would be a significant loss.    

For more detailed information about the challenge and to apply, interested individuals are encouraged to visit the official website at https://bit.ly/ScaleUpPitchChallenge2023.