Fund title: Facebook Small Business Grants
Focus of fund/fund aims:
Facebook will provide grants and advertising credits for small businesses affected by coronavirus
Not yet open for applications
Businesses experiencing disruptions resulting from the global outbreak of COVID-19 may be able to apply to Facebook for support. Facebook is offering US$100 million (approximately £84 million) in cash grants and advertising credits on its ad platform for up to 30,000 eligible small businesses.
The funding is intended to help businesses in the following ways:
- covering operational costs
- helping with rent costs
- connecting with more customers
- maintaining a strong workforce
Facebook will share more information about eligibility as it becomes available and businesses can sign up now for updates.