MEMPHIS, Tenn., March 25, 2014—Fat Toad Farm, a small business specializing in hand-crafted goat’s milk caramel sauces, has been announced the winner of the second-annual FedEx Small Business Grant Contest. Fat Toad Farm, which is based in Brookfield, Vermont, will receive a $25,000 grant to put toward its business and growth plan.
Now in its second year, the FedEx Small Business Grant Contest attracted more than 5,000 entries and garnered more than 1.4 million votes.
“The outstanding quality of entrants again this year is indicative of the passion, commitment and creativity required by small business owners every day,” said Rebecca A. Huling, vice president of Customer Engagement Marketing. “Small businesses have always played a large role in the FedEx customer community, and we are proud to be a part of their continued success through the FedEx Small Business Grant Contest.”
Fat Toad Farm is a small, family owned and operated goat dairy in Vermont specializing in hand-crafted goat’s milk caramel sauces. Husband and wife team Steve Reid and Judith Irving created the business with their daughter Calley Hastings, following an old-fashioned business model based on close family ties, their food, their animals, their land and their local community. The business has great potential and plans to use the grant to improve their caramel production facility. Further, they would like to upgrade their IT platforms and streamline their order intake, fulfillment and shipping services.
In addition to the $25,000 grand prize, FedEx awarded four first-place grants of $5,000 each and five second-place grants of $1,000 each. Full Press Release.