Facebook Announces $40 Million Small Business Grant Program with $800,000 in grants for Washington, D.C.
Facebook announced a $40 million grant program for the United States to help the communities where our employees live and work. This includes Washington, D.C. where they are investing $800,000 to help local small businesses.
Facebook states “We’ve heard loud and clear that a little financial support goes a long way, especially in communities like the Washington D.C. area that have been hard-hit by the COVID-19 pandemic. For many small businesses, this can make a big difference, and that’s why we’re announcing a $40 million grant program specifically for small businesses in the United States that will help business owners across the country. We’re also placing a special emphasis on outreach to and investment in eligible minority and women-owned businesses due to the disproportionate negative impact that COVID-19 will have on these businesses, their employees, and the communities that they serve.”
Businesses can go to facebook.com/grantsforbusiness, to see whether they are eligible, and for more details about the program.
Facebook will be distributing $800,000 to businesses right here in Washington D.C.’s own backyard, focusing where Facebook have offices and data centers.
The Facebook Small Business Grants Program will provide cash grants and ad credits to help:
· Keep a workforce strong
· Manage rent costs
· Connect with more customers
· Cover operational costs
To be eligible to apply, businesses must be located in or near Washington D.C. and should meet the following additional criteria:
· Have between 2 and 50 employees
· Have been in business for at least one year
· Have experienced challenges from COVID-19
· Be in or near a Facebook location
To learn more, access additional resources and sign up for updates, visit facebook.com/grantsforbusiness.