For Immediate Release
UPS X-PORT CHALLENGE BRINGS OPPORTUNITY TO LOCAL BUSINESSES
Businesses based in Georgia, North Carolina and South Carolina can apply to participate in the competition
ATLANTA, Sept. 1, 2016 – Small and medium-sized businesses with global aspirations have the opportunity to win $10,000 in export shipping with UPS. The UPS X-PORT Challenge aims to help local businesses export to international markets.
“The UPS X-PORT Challenge is an example of our commitment to innovation, global trade and entrepreneurism,” said Bill Seward, UPS U.S. International President, “Less than one percent of America’s 30 million companies export – a percentage that is significantly lower than all developed countries. And of U.S. companies that do export, 58 percent export to only one country. This competition presents an opportunity for growth-oriented businesses to expand internationally.”
Participants in the UPS X-PORT Challenge can begin the application process online at www.ups.com/x-portchallenge2016. Each application will undergo an assessment based on niche, offering, global appeal and market opportunity. Applications must be received by Oct. 3, 2016.
The top 10 applicants will be invited to attend the “Pitch-Off” event on Nov. 10, 2016 at the UPS Corporate Office in Atlanta. Contestants will pitch their business to a panel of judges from the local international business community. The judges will then pick the top three finalists as prize-winners. The first place winner will receive $10,000 in export shipping. The second and third place winners will receive $2,500 and $1,000 respectively in export shipping.
UPS (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. Headquarted in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com® and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS or follow @UPS_News.