How to Apply for Small Business Facebook Grants Program #COVID-19 – Mark Zuckerberg declared that he is going to provide $100 million for small businesses affected by the Corona virus. In light of the effect the worldwide COVID-19 outbreak has had on small businesses and businesses, Facebook is handing out $100 million in cash grants and advertising credits.
A couple of days ago we announced that Facebook was likely to devote around 100 million dollars to assist SMEs and small and midsize businesses to defray the costs brought on by the COVID-19 pandemic, the aim of this initiative is to assist tiny organizations to continue their action and defray different expenses based on this pandemic that’s affecting everyone.
She said “SMEs are the heart of our communities, and many of the people who run these companies are severely affected by the corona virus crisis, especially as more and more people stay home. The longer the crisis lasts, the greater the risk for these small companies and for the livelihood of their owners and employees”
In light of this effect the outbreak has had on companies and companies, Facebook is currently bringing $100 million in promotion credits and cash grants. On March 17, Facebook’s chief operating officer Sheryl Sandburg verified the social media will help SMEs across the world remain afloat while the effects of the corona virus (COVID-19) continues with a donation of $100 million. (91 million euros)
The now Chief operating officer at Facebook said “As the COVID-outbreak 19 escalates, our focus has been on keeping people safe and informed by making sure everyone has accurate information, supporting global health experts and stopping misinformation. Our thoughts, like everyone’s, are with our loved ones and our communities and all of those impacted around the world.”
In accordance with Facebook, they’ll serve to provide an increase to the delicate situation that lots of companies face because of the public health conscious, which can help 30,000 businesses in 30 countries around the globe.
We now know how to apply for these small Business grants, and shall not have to be repaid, so they are a real incentive boost for any small business. These grants can be collected through cash or credit to advertise on Facebook. The company has already provided clear information about the grant program and you can go through this link here https://www.facebook.com/business/boost/grants
But before Applying for Facebook small business grant program, you are asked to provide necessary documents and if you are Covid-19 effective business and must meet requirements of the company
How shall this financing can help you?
The funds will be paid in a combination of cash and advertising credits to companies that need help to cover operating expenses and to pay rent or their employees
Some of the items that you can cover with this financing are:
- To maintain your Office or workplace
- To cover your rental expenses
- Connect with more number of clients
- To cover all operational costs
Who can apply for Facebook business grant?
Who can apply for Facebook company grant? More than businesses in over 30 countries will have the ability to get donations where Facebook operates. To be eligible you must meet the following prerequisites ·
- Minimum Employees size of 5-50 ·
- Must be running company for at least a year ·
- Should have experienced difficulties Due to the Continuing COVID-19 Pandemic·
- Must be located in the Assortment of near or at where Facebook company functions
Eligible Countries For Facebook Business Grants
Some of the eligible countries for the Facebook grant, Program are listed below:
- United States
How to apply for the Facebook grant program?
Below is the link where you will be taken to apply for the grant program from Facebook
Ureeka has partnered with Facebook to manage the application process. To complete the application, you will need to have at least one of the following documents:
Employer Identification Number
– proof of Company documents
– proof of Business license
– Proof of incorporation
– proof of Official register
In the USA, Facebook is operating to develop this project together with the platform to assist companies Ureeka, and it’s likely before having the ability to establish the aid that it is searching for agreements in different lands with similar regional organizations. Beginning in the days, more locations will be added by Facebook across the globe to spend the remaining $60 million for the next phase.
Can my small business register For Facebook Business Grants?
To request and receive assistance from Facebook, your company must meet the following requirements:
- Being a majority-owned for-profit business by people from the black community.
- Be enrolled in a US state or the District of Columbia (US lands not included).
- Have between 1 and 50 employees.
- Have more than 1 year of business activity.
- Having endured difficulties due to COVID-19.
- Have plans to utilize the funds from the support program in favor of the business and the community.
Individuals who have applied for help in the context of the Small Business Support Program can re-apply. People who have already received support will not be able to participate. You’re not required to use Facebook Inc. products in order to participate. The business owner must be over 18 years of age.
How do I submit the request For Facebook Small Business Grants?
Unfortunately, Facebook is no longer accepting applications for this support program. Facebook is reviewing applications for the program and have already started contacting the companies that applied. They invite you to visit the Facebook Business Resource Center, where you will find guides, tools, groups and other resources to help you conduct your business in such difficult times covid. We have provided the best information available, for more information prefer official website of facebook.