Grants & Relief Resources
There are a number of large organizations offering to make grants or loans to businesses in needs.
Amazon announces a $5 million Neighborhood Small Business Relief Fund to provide cash grants to local Seattle small businesses.
Facebook announces a $100 million grant for small businesses impacted by COVID-19 and launched the Business Resource Hub, featuring recommendations to help small businesses stay connected to customers.
James Beard Foundation starts a Food and Beverage Industry Relief Fund to provide micro-grants to independent food and beverage small businesses in need.
JPMorgan pledges $50 million to help struggling customers and $8 million in aid to small businesses, specifically.
Kabbage launched an online hub to help boost sales for U.S small businesses impacted by COVID-19, including a system through which businesses can sell gift cards to consumers for use at a later date.
MainVest, a crowdfunding platform, announced its new Main Street Initiative: a $2,000, zero-interest, 120 day loan for restaurants or other brick and mortars affected by the shutdown, in addition to its normal fundraising offerings.
Opportunity Fund, which specializes in money lending to small businesses owned by women, immigrants and people of color, is collaborating with investors and nonprofits to put together a coronavirus relief fund that will provide grants and low-interest rate loans to business owners in need.
The Restaurant Workers’ Community Foundation formed a COVID-19 Emergency Relief Fund for small businesses and their restaurant workers, and is accepting donations.
Yelp CEO Jeremy Stoppelman announced the company is providing $25 million in coronavirus relief for independent restaurant and nightlife businesses in the form of waived advertising fees, and free advertising, products and services.