Tuesday, November 24, 2020
Home Lead Story Facebook To Give $40 Million in Grants To Help 10K Small Businesses...

Facebook To Give $40 Million in Grants To Help 10K Small Businesses in USA

The social networking giant recently announced $100 million global small business grant programme

Facebook has announced $40 million in grants for 10,000 small businesses in the US to help them get through these challenging time.

The grants will go to small businesses in 34 locations where Facebook employees live and work. Those located in New York and Seattle will be the first to receive funds.

Please Follow NewsGram on Instagram To Get Latest Updates From Around The World!

“In this challenging time, when information is changing daily, we are listening to and learning from scores of small businesses to understand what they need now and what they will need down the road,” Facebook COO Sheryl Sandberg said in a statement on Thursday.

The social networking giant recently announced $100 million global small business grant programme.

“We’re making it easier for people to support their favorite local businesses with digital gift cards on Facebook, which are beginning to roll out today in the US,” said the company.

Facebook
Facebook has announced $40 million in grants for 10,000 small businesses in the US to help them get through these challenging time. VOA

People will see the option to support local businesses with digital gift cards in their News Feed.

Business owners can also create a personal fundraiser on Facebook for their business and ask customers for support during this critical time.

ALSO READ: Want to Know What’s Happening Around the World Due to COVID-19? Use this App

“The COVID-19 pandemic has hit small businesses everywhere. Suddenly and, through no fault of their own, many simply can’t do business, and for others it has become much, much harder because customers are doing the right thing and staying at home,” said Sandberg. (IANS)

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,781FollowersFollow

Most Popular

Lachit Divas: Untold Story Of Hero Lachit Borphukan

We have heard a lot about the valor of Shivaji, Bajirao, and others, but not much is known about the Ahoms. In 1682, the...

List Of New Cabinet Members Selected By U.S. President Joe Biden

U.S. President-elect Joe Biden has begun naming members of his new Cabinet, as well as other top-level administration officials. Biden has pledged to choose...

India Sees Consecutive Year-On-Year Decline In Coal Funding: Report

The third annual Coal vs Renewable Financial Analysis 2019 marks a second consecutive year-on-year decline in coal funding in India following a 90 percent...

Mobile Fingerprinting App Becomes A Core Tool In Deportation Crackdown

A mobile fingerprinting app U.S. immigration agents use to run remote ID checks in the field has become a core tool in President Donald...

People With Diabetes And Eye Disease Have An Increased Risk Of Requiring Intubation

Researchers have revealed that people with diabetes and eye disease have a five-fold increased risk of requiring intubation when hospitalized with Covid-19. The study, published...

A Green Mediterranean Diet Can Be Better For Cardiovascular And Metabolic Health

A green Mediterranean diet, containing even more plant matter and very little red meat or poultry, maybe even better for cardiovascular and metabolic health...

Featherweight Jeans Are The Latest Offerings That Intersects Style And Comfort

A quality pair of jeans is a crucial wardrobe must-have for the modern man: classic, effortless, and eternally cool. This basic denim has evolved...

10 Interesting Facts About Lord Hanuman

Hindu dharma is Polytheist at the same time it is Monotheist, one can have a belief in one major God and also worship other...

Recent Comments