Vistaprint, Facebook, Verizon, More Offer COVID-19 Grants To Small Businesses - Forbes

Vistaprint, Facebook, Verizon, More Offer COVID-19 Grants To Small Businesses - Forbes


Vistaprint, Facebook, Verizon, More Offer COVID-19 Grants To Small Businesses - Forbes

Posted: 17 Apr 2020 07:32 AM PDT

The $350 billion small business stimulus loan program—known as The Small Business Administration's Paycheck Protection Program—ran out of money yesterday. Fortunately, a number of companies such as Vistaprint, Facebook, Verizon, Salesforce and others are offering additional grants that can help keep your small business afloat during the coronavirus crisis. 

Learn more about whether your small business might qualify for some of these $5,000 to $10,000 grants and find out how you can apply today.

The Save Small Business Fund

The U.S. Chamber of Commerce, in collaboration with Vistaprint and with support from Merck, S&P Global Foundation and Travelers, launched The Save Small Business Fund. The grant will address small businesses' immediate needs like closures and job losses. Companies can qualify if they have between three to 20 employees, are located in an economically vulnerable community and have been impacted by the COVID-19 crisis. The fund will use the Distressed Communities Index to identify small businesses based in zip codes that are most vulnerable. Applications for the fund will open on April 20. 

Vistaprint donated $1 million to the fund. The company also retrofitted its machines that are normally used to make banners and signs to create 100,000 face shields for hospitals in underserved communities. 

The fund hopes to distribute at least 200 grants per week for an undetermined amount of time. "Our goal is to provide small businesses with a fighting chance to succeed during this challenging time," says Ricky Engelberg, Vistaprint's chief marketing officer. "We automatically think about the shops on Main Street, but we can't forget about the daycare centers, bakeries, dentist offices—all of which might also have been impacted by COVID-19." 

Hello Alice COVID-19 Business for All Emergency Grant 

Hello Alice, with support from Verizon, Silicon Valley Bank, eBay and others, is offering $10,000 grants to small businesses impacted by the coronavirus pandemic.  The company has also set up a COVID-19 Business Resource Center, which offers additional financial resources. 

Verizon Small Business Recovery Fund 

Verizon donated $2.5 million to offer grants to small businesses during this time of financial need. While the first application period is now closed, another round will begin in mid-April. For more details, click here

Facebook Small Business Grants Program 

Facebook is offering $100 million in cash grants and credits to small businesses in need. The company will provide grants to up to 30,000 eligible small businesses in more than 30 countries where the company operates (a list of locations can be found here). To apply, companies must be for-profit, have between two and 50 employees and have been in business for over a year. They must have experienced challenges related to COVID-19 and be in or near a location where Facebook operates. The program will begin accepting applications in the New York City and Seattle areas on April 18. The San Francisco Bay area will open on April 20 and other eligible U.S. cities will begin applications on April 22.

Salesforce Care Small Business Grants

Salesforce is providing $10,000 grants to small businesses impacted by COVID-19. These grants will support small businesses as they work to replenish supplies, pay salaries, pivot to adapt to these challenging times and more. To learn more about this information, visit Salesforce Care for Small Business.

AssistHer Emergency Relief Grant 

Texas Women's University is offering $10,000 grants to woman-owned small businesses impacted by COVID-19. Eligible businesses must be woman-owned, located in Texas and must be suffering economic hardships from the coronavirus crisis. For more information, check this site

How you can apply for Chamber of Commerce small business grants - KALB News

Posted: 17 Apr 2020 04:18 PM PDT

CENTRAL LOUISIANA (KALB) - The U.S. Chamber of Commerce announced they will be awarding $5,000 grants to small businesses.

It's the "Save Small Business Fund." Small businesses with three to 20 employees can apply for a grant starting on Monday, April 20 at 2 p.m.

Small businesses can apply at savesmallbusiness.com. You do not have to be a member of the chamber to apply.

"It can be critically important for a small business because even a small grant like $5000 can help them bridge until they find out they're going to receive some other assistance," said Deborah Randolph, President of the Cenla Chamber of Commerce. "Also until businesses are allowed to get back up and running so it can be an important bridge to pull in any funding that's possible."

Randolph said the grants can especially be helpful for businesses after the Small Business Administration's Paycheck Protection program tapped out on Thursday. The Small Business Administration said Thursday that it reached the $349 billion lending limit for the program, after approving nearly 1.7 million loans. Small business owners across the U.S. whose loans have not yet been processed must wait for Congress to approve a Trump administration request for another $250 billion for the program. Lawmakers have been arguing over whether to extend the program how it is now. It's unclear when they might reach an agreement that would allow loan approvals to continue.

The grants are funded by corporate and philanthropic partners of the chamber. You can also call the Cenla Chamber of Commerce at (318) 442-6671 for assistance.

Copyright 2020 KALB. All rights reserved.

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