On the backdrop of the world’s pandemic, there’s plenty of programs for businesses, suffering from the coronavirus. However, keeping an eye on all of them is rather time-consuming. It’s more like a full-time job that requires an extra specialist. All joking aside, we’ve made a list of grants to save your precious time.
General Grants
Facebook is ready to support 30.000 small businesses in more than 30 countries with cash. The requirements are the following:
- 2-50 employees
- A year of business experience
- Experiences COVID-19 challenges
- Be in a location where Facebook operates
The program aims to help small entrepreneurs to cover operational and rental costs, connect with more customers. Moreover, you can visit a business resource hub to find useful guides and tips to handle the pandemic.
Bing
Recently, Bing has developed a widget tracking live COVID-19 statistics that can be easily implemented on a website. Furthermore, Bing has started a partnership with GoFundMe to help small businesses. If you have a Bing Places for Business account, you can set up a fundraiser to get financial support.
The only thing you need is just to create a Bing Places for Business account and “Set up a GoFundMe fundraiser” module in your dashboard. After that Bing will show GoFundMe on the listing pages.
GoFundMe
Besides Bing, GoFundMe partners with Intuit QuickBooks, Yelp, GoDaddy, and Bill.com. If your business raises 500$ on GoFundMe, you get a $500 grant. Why only $500? The reason is that GoFundMe wants to help as many businesses as it can. Money is not falling from the sky and you need to keep track of every money. Moreover, the service helps only small businesses and sole entrepreneurs, not large companies, not franchises, and chain businesses.
Google has committed $340 million for small & medium businesses worldwide. These credits will be added to active Google Ads accounts. In addition, it’s possible to use them throughout 2020 across any Google’s advertising platforms. The company hopes that it will help to alleviate some of the cost of staying in touch with customers.
Hello Alice
The digital fundraising and advocacy platform Hello Alice offers emergency $10.000 grants for any business impacted by the coronavirus. Moreover, the platform provides mentorship and networking opportunities within Business For All community for grant applicants. All the funding and support are provided with Verizon, eBay, Silicon Valley Bank, and some other foundations and companies.
Salesforce
In partnership with Ureeka Salesforce offers eligible small businesses $10.000 grants for businesses facing COVID-19 challenges. To apply for the grant, a company must:
- Be for-profit
- Have 2-50 employees
- Be in business for 2 years as of March 2020
- Have an annual revenue between $250k and $2M
The other Grant Program Terms you can find here.
Verizon
Verizon and its partners open the third round for grant application on May 14th. Local Initiatives Support Corporation will use Verizon funding to support COVID-19 affected businesses with $10.000 grants. The campaign is focused to support entrepreneurs of color, women-owned businesses, and enterprises in historically underserved communities.
Specific Grants
Yelp
On March 20 Yelp announced $25 million in relief to support local restaurants, bars, and nightclubs in the form of free advertising and waived advertising fees. If you haven’t active Yelp’s Ads campaigns you can use them free of charge through May 25.
Beauty Changes Lives
BeautyChangesLives is offering $1,000 grants for licensed beauty professionals who are out of work due to the coronavirus.
GlobalGiving
The Spanx by Sara Foundation in partnership with GlobalGiving provides woman-owned small businesses with 1.000 grants of $5.000 in monthly rounds. The last round opened on May 4.
Digitalundivided
The Doonie Fund makes small micro-investments in Black women entrepreneurs and provides them with quick grants of $100.
The Minority Business Agency
The Minority Business Enterprise Inner City Innovation Hubs offers grants to support inner-city, minority-owned entrepreneurs, and businesses. Applications must be submitted to Grants.gov no later than May 15, 2020.
The MBDA is also going to fund three proposals for Enterprising Women of Color business centers in any U.S. due May 30.
