FACEBOOK GRANTS FOR SMALL BUSINESS – SEATTLE AREA BUSINESSES WILL BE FIRST TO RECEIVE FUNDS
On April 2nd, Facebook announced new updates to its small-business grant program, including $40 million in grants for small businesses, with a special focus on Seattle-based businesses.
Eligible businesses include the following requirements:
Have between 2 and 50 employees
Have been in business for over a year
Have experienced challenges from COVID-19
Be in or near a location where Facebook operates
The grants will go to 10,000 U.S. small businesses in 34 locations that Facebook employees live and work. Importantly, businesses in New York and Seattle will be the first to receive funds starting next week.
Facebook says it’s also collaborating with small-business partner Ureeka to invest in eligible minority and women-owned businesses. Local businesses can go to facebook.com/grantsforbusiness to check their eligibility.