Facebook announces $100 million for small businesses

Thirty thousand small businesses across the globe will benefit from $100 million in grants being offered by Facebook in response to the COVID-19 pandemic.

The grants will take the form of cash and ad credits and businesses across 30 countries where Facebook operates will share in the loot.

The program can help businesses keep their workforce strong, help with rent costs, connect with more customers and cover operating costs.

“We’ll begin taking applications in the coming weeks. In the meantime, you can sign up to receive more information when it becomes available,” their website says.

As well last the grants program, Facebook has launched a Business Resource Hub to support businesses prepare for and manage through disruptions like COVID-19. The resources focus a lot on using the platform to service customers and help them understand the impacts to your business.

To be notified when Facebook launches its applications, visit their site.

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