UPS X-Port Challenge Helps Small Businesses Grow Globally
August 30 2017 - 9:07AM
UPS (NYSE:UPS) today announced a competition to help small
businesses grow globally. The UPS X-Port Challenge allows
qualifying start-ups, entrepreneurs and small businesses to compete
for $10,000 in international shipping credits with the company.
“The majority of the world’s commerce lies outside the United
States, yet exporting remains a challenge for most small
businesses,” said Bill Seward, UPS U.S. International President.
“Our business solutions help remove some of those barriers, and
this contest is another innovative way to help our customers grow
in international markets.”
Here’s how it works: Interested companies that qualify in
participating markets submit an application online at
https://global.ups.com/x-portchallenge2017/ listing their
specialty, global appeal and market challenges. A team of UPS
employees will evaluate the applications based on criteria such as
uniqueness, presentation, market demand and global readiness.
Application deadlines vary by geographic market.
The top 10 applicants from each participating market will pitch
their business to a panel of judges from the local international
business community. The judges will then select the top three
finalists as prize winners. The second and third place winners will
receive $2,500 and $1,000 in credits respectively in UPS export
shipping.
The winner of each market competition will be included in a
virtual run-off where UPS employees will vote on which product is
export worthy. The top 3 contestants with the most votes will
be invited to a national competition held in the first quarter for
an opportunity to win a grand prize of $25,000, 2nd Place: $15,000
or 3rd Place: $10,000.
In its third year, the X-Port Challenge exposes participants to
valuable insight and resources from an expert panel of judges and
industry peers. Previous winners have increased their understanding
of international markets, grown sales in other countries and
acquired new customers abroad.
The X-Port Challenge is open to eligible businesses incorporated
and registered to conduct business under the laws of the states
where UPS is running the competition. Visit
https://global.ups.com/x-portchallenge2017/ for official
rules, eligibility requirements and a list of participating
markets.
About UPSUPS (NYSE:UPS) is a global leader in
logistics, offering a broad range of solutions including
transporting packages and freight; facilitating international
trade, and deploying advanced technology to more efficiently manage
the world of business. Headquartered in Atlanta, UPS serves more
than 220 countries and territories worldwide. The company can be
found on the web at ups.com or
pressroom.ups.com and its corporate blog can be
found at longitudes.ups.com. To get UPS news
direct, follow @UPS_News on Twitter.
Contacts:
Vikki Conwell
404-828-6091
vconwell@ups.com
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