Due to security measures taken to slow the spread of COVID-19, independent businesses across the country are facing financial difficulties. Regardless, the national government, neighboring states and major businesses have implemented relief projects to help your business through this challenging time.
We realize that this is mind-boggling to participate as an entrepreneur, which is why we’ve gathered this program of resources that can be used to get your business through the emergency.
Government is giving assistance during this difficult time in the business world. The Small Business Association (SBA) provides funding to entrepreneurs who run into financial difficulties because of COVID-19.
Financing projects at the state and local levels
Depending on where your business is located, you can turn to state or area funding programs. Below you will find our full program of nearby financing choices. In addition, you can visit your government express website.
Businesses and non-profit associations are on hold to allow private companies to remain above water during COVID-19. The following are a couple of important reward choices:
Facebook has awarded a grant to help private businesses influenced by COVID-19. With this award, $ 100 million is awarded to more than 30,000 organizations across the country.
Yelp’s support program is donating $ 25 million in free promotion, deferred advertising expenses, and articles and administrations to help neighborhood restaurants and entertainment venues.
The Amazon Local Business Relief Fund is offering $5 million to little nearby organizations that need assistance during this time
The National Federation of Independent Businesses does not offer online courses or financial resources during the COVID-19 emergency.
Industry-specific emergency response programs
This program offers explicit industry projects tailored to help your independent business cope during this difficult time. As more industry-explicit financing arrangements are included, we’ll include them underneath.
Investment funds for your business
Despite your financing choices, you can also take full advantage of investment fund openings, such as the all-inclusive cut-off time for duties and corporate protections. This program provides business investment fund resources for people influenced by COVID-19.
In these uncertain situations, it is necessary to associate with other private ventures in your locale. Become familiar with what you can never really support struggling organizations.
Local US Page: Because many organizations are accidentally shut down due: to COVID-19, purchasing gift cards for future purchases is an incredible method of helping them. USA Today helps Reason with a page on their site where customers can send nearby organizations for highlighting. Once submitted, USA Today will embed a link to the company’s website so that benefactors can support organizations by purchasing gift cards.
Verizon’s Pay it Forward Live: Verizon’s Show Preventive Kindness Live is a weekly show that includes music, parody, and gaming to help private businesses.
Keep Your City Smiling Boxes: If you want to send an insightful blessing to a related contractor, check out Keep Your City Grinning Blessing Boxes on their website and social media.
Rally for Restaurants: On this site, you can purchase a gift card, request takeout, or gather the local authorities to help eateries in your locale.
Free Google Ad Credits for Business Owners: To help fight independent businesses, Google is saying goodbye to $ 340 million in promotional credits, which can be used for the duration of 2020.
There are many resources available to private businesses struggling with COVID-19. We are convinced that with these resources you have the opportunity to discover money-related help for your business. We will continue to update this article as more and more money related resources are made available to entrepreneurs.