FACEBOOK TO LAUNCH $100 MILLION PROGRAM TO HELP SMALL BUSINESSES IMPACTED BY CORONAVIRUS

by Dana Givens
March 18, 2020

Facebook has always prided itself as a platform that supports everyday entrepreneurs that use the platform to leverage their brand. This week, the company announced that they will be doing their part in aiding small business owners impacted by the global COVID-19, also known as the coronavirus, crisis.

The tech company will be creating a $100 million program to go to small businesses after the governments on both local and federal levels have been continuously urging establishments such as restaurants or gyms to close their doors to slow the spread of the virus outbreak.

“We know that your business may be experiencing disruptions resulting from the global outbreak of COVID-19,” the company said in a blog post announcing the grants. “We’ve heard that a little financial support can go a long way, so we are offering $100M in cash grants and ad credits to help during this challenging time.”

SOURCE: https://www.blackenterprise.com/