Private Grants for Coronavirus Small Business Relief

It’s clear that the coronavirus (COVID-19) pandemic has disrupted the operations of many small businesses across the US. A quarter of the nation’s small businesses have already shut down as a result of the pandemic.

However, businesses and organizations of all sizes are stepping up to help small businesses with their daily finances. In this guide, we list some of the major small business grants created by larger private companies in the wake of the coronavirus pandemic.

List of Private COVID-19 Small Business Relief Grants

This guide will focus on non-governmental grants for small business relief. For government-funded grants, visit our Coronavirus Small Business Relief state pages. Otherwise, keep reading for a list of private grants.

Facebook Small Business Grants Program

The Small Business Grants Program is a $100 million program for up to 30,000 international small businesses that are in or near a location where Facebook operates. The awarded funds can be used to cover operational costs such as rent, utilities, and payroll. Businesses can also use their grants to connect with their customers by way of ad credits.

To be eligible for this program, businesses must have between 2 and 50 employees, have been in business for over a year, and have experienced challenges as a result of the coronavirus pandemic.

For more information about the program as well as when applications open in your area, visit the program’s webpage. Facebook will prompt you to confirm your business’s location and then sign up for email updates.

Facebook COVID-19 Community Network Grant Program

Certain news-based businesses may be eligible for the Community Network Grant Program. This $100 million program aims to offer $25,000-$100,000 to local for-profit and nonprofit news organizations that are actively covering the coronavirus pandemic.

Businesses should serve a defined geographic area in order to be eligible for the program. Organizations will be given preference if they:

  • Work in marginalized communities such as immigrant, rural, or economically challenged populations
  • Work in an area particularly impacted by the pandemic
  • Are a family-owned, community-owned, or independent organization
  • Have an established digital business model

For more information about this program, visit the Facebook Journalism Project webpage.

Amazon Neighborhood Small Business Relief Fund

Washington-based small businesses that rely primarily on foot traffic may be qualified for the Neighborhood Small Business Relief Fund. This $5 million program offers cash grants that can be used for any business-related expenses. The amount awarded to each business will vary depending on the business.

The fund is restricted to small businesses that are near Amazon’s local offices in the following locations:

  • South Lake Union (Seattle)
  • Regrade (Seattle)
  • Bellevue

Businesses must have fewer than 50 employees or less than $7 million in annual revenue. To learn more, visit the program’s webpage.

Amazon Relief Fund

Independent delivery businesses that work with Amazon are encouraged to apply for this $25 million relief fund. Awarded funds will help cover up to two weeks of lost pay in the event that a worker is placed into quarantine due to the coronavirus.

While not strictly for small businesses—the fund also covers individual Amazon employees and contractors—business owners and their workers can still apply. For more information, visit the program’s Amazon blog posting.

GoFundMe Small Business Relief Fund

In addition to Yelp, GoDaddy, Intuit QuickBooks, and, GoFundMe has contributed to a Small Business Relief Initiative that aims to help small businesses affected by the coronavirus pandemic. Awarded grants must be used to help care for employees and fund daily business operations.

Each small business must create a GoFundMe fundraiser and raise at least $500 from community contribution; GoFundMe will match applicable businesses $500 in grants. Businesses must also be independently owned and must have been negatively impacted by coronavirus-related government orders.

For more information, visit GoFundMe’s website.

SheaMoisture Community Commerce Fund

In response to the coronavirus pandemic, personal care company SheaMoisture is creating a $1 million grant fund to support small businesses run by minorities and/or women of color.

While the application process has not yet begun as of April 9th, 2020, you can read more about SheaMoisture’s small business relief initiative on its Community Commerce Fund website.

CDFA and Vogue’s A Common Thread

The Council of Fashion Designers of America (CDFA) and Vogue have repurposed one of their existing funds to support small and mid-sized fashion businesses during the coronavirus pandemic. Applicable businesses include designers, retailers, factories, and any business that works in or for the fashion industry.

Grants of up to $100,000 will be awarded to eligible businesses based on the needs of each company. To learn more, visit the CDFA’s application page.

Hello Alice’s Business for All

Business resource center Hello Alice has established its Business for All fund for small business owners impacted by the coronavirus. The company will provide $10,000 in emergency grants to eligible small businesses as well as ongoing support from the company’s community.

For more information, visit Hello Alice’s COVID-19 Center.

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