Small businesses are the heartbeat of our communities, and many of you who run these businesses are heavily affected by the crisis.
That is why Facebook announced a $40 million grant program for the United States to help the communities where our employees live and work. This includes Chicago, where Facebook is investing 1.25 million to help local small businesses.
The Small Business Grants Program will provide cash grants and ad credits to help:
1. Keep your workforce going strong.
2. Manage your rent costs.
3. Connect with more customers.
4. Cover operational costs
Facebook is starting with businesses like yours, in our own backyards, focusing on regions where we have offices and data centers.
To be eligible to apply, you must be located in or near Chicago and should meet the following additional criteria:
• You have between 2 and 50 employees
• You’ve been in business for at least one year
• Your business has experienced challenges from COVID-19
Small businesses — and the people you hire and the products and services you provide — are the backbone of our economy. That’s true during the best of times, and even more so during these challenging times.
That’s why Facebook is committed to supporting Chicago small businesses that are a part of our communities.
Applications are now live. Facebook is proud to partner with Ureeka to administer the application process — a technology platform that connects entrepreneurs to the community and capital they need to grow and scale. Learn more here.
To learn more and access additional resources, visit: facebook.com/grantsforbusiness