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Helping Small Business Prepare for and Recover From Disasters
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FedEx Corporation partners with small businesses through the Readiness for Resiliency Program (R4R) to support disaster-impacted small businesses in the U.S. The program offers $5,000 relief grants to prepared businesses after federal disaster declarations, with nearly 3,000 businesses prepared and 51 receiving grants. Grantees utilize funds for essential expenses like customer base building and inventory repair.
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NORTHAMPTON, MA / ACCESSWIRE / February 20, 2024 / FedEx Corporation
Small businesses serve as the economic engine of the U.S. There are 33.2 million small businesses in the country, which account for 99.9% of all U.S. businesses. Yet, these businesses often struggle in the aftermath of disasters and how to prepare for the next one.
Developed in partnership with FedEx, the Readiness for Resiliency Program (R4R) is a multi-year initiative to support small businesses impacted by disasters. The program guides any interested small business in preparing for a disaster, and then offers quick-turn relief funding of $5,000 for those prepared businesses after a federal disaster declaration is made in their region.
To date, the R4R program-with additional support from Allstate-has helped prepare nearly 3,000 businesses for the next disaster and distributed $5,000 grants to 51 businesses across the country. Grantees report using the funds on crucial expenses such as building their customer base, paying employee salaries, and repairing damaged or lost inventory.
The R4R program is a partnership between FedEx Corporation and small businesses to aid disaster-impacted small businesses in the U.S. It offers $5,000 relief grants to prepared businesses after federal disaster declarations.
Nearly 3,000 businesses have been prepared by the R4R program.
51 businesses have received $5,000 grants from the R4R program.
Grantees use the funds for essential expenses such as building their customer base, paying employee salaries, and repairing damaged or lost inventory.
fedex connects people and possibilities through our worldwide portfolio of shipping, transportation, e-commerce and business services. we offer integrated business applications through our collaboratively managed operating companies — collectively delivering extraordinary service to our customers — using the expertise and reliability represented by the fedex brand. our people are the foundation of our success, and fedex has consistently ranked among the world’s most admired and trusted employers. we inspire our global workforce of more than 400,000 employees to remain absolutely, positively focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. we owe our success as an industry leader to the more than 400,000 global team members who deliver exceptional customer service experiences day-in and day-out. want to be part of this dynamic team? check out our open positions located on the careers site on fedex.com: http://careers.va
