Facebook is opening applications for its $100 million in grants to small businesses affected by the coronavirus. Here's how to apply.
- Facebook's Small Business Grants program will give more than $100 million to 30,000 small businesses across the globe.
- The social network is rolling out applications by city via its small business hub, starting April 21.
- Countless small businesses across the country have been forced to close as authorities urge Americans to practice social distancing to slow the spread of the coronavirus pandemic that has already killed more than 140,000 people across the globe.
- Visit Business Insider's homepage for more stories.
Small businesses across the country are teetering on the edge of collapse because of the novel coronavirus, and Facebook is stepping in to help.
The social network will spend $100 million on grants to support over 30,000 small businesses in 30 countries, Facebook COO Sheryl Sandberg announced in March. The funds will be paid out in a combination of cash and advertising credits to businesses that need help covering operational expenses and in paying rent or their employees, Business Insider's Dominic Reuter reported.
Restaurants, coffee shops, gyms, fitness studios, and cultural institutions across the United States have closed as authorities urge Americans to practice social distancing to slow the spread of the novel coronavirus that has already killed more than 140,000 people across the globe. About 95% of Americans have been ordered to stay home in an attempt to slow the virus' spread.
"We've heard loud and clear that financial support could enable them to keep the lights on and pay people who can't come to work," Sandberg wrote on Facebook March 17. "Whatever happens next, we will be working to help businesses weather this storm."
Here's how you can get a grant from Facebook for your business.
Read the original article on Business InsiderFacebook says on the program's website that it will "need a few weeks" to select winners once applications are in.
Then you can access the actual application.
Before you can fill out the actual application, you'll have to make an account with SurveyMonkey Apply.
If the application for your area is open, you'll then be directed to fill it out on Ureeka.
If the application for your area isn't open yet, Facebook recommends that business owners explore its Business Resource Hub for additional resources to help them through the pandemic.
You'll then be directed to a series of drop-down menus where you can select first your country, and then your city.
To get started, click the "See Available Locations" button near the bottom of the page.
Next, head to the program's official website: Facebook.com/Business.
Facebook is opening applications throughout the week based on location.
Next, you should gather the documents necessary for the application.
First, make sure your business qualifies for Facebook's Small Business Grants program.
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