Facebook Announces $100 Million to Help Small Businesses During COVID-19 Pandemic
Facebook commits to helping small businesses in this pandemic situation of COVID-19, in this week Facebook will start several initiatives.
While Facebook is not only creating a special center for businesses damaged by the coronavirus storm, but Facebook is also planning to start a $100 million donation program.
Here you can find more information about the Facebook donation program.
Small Business Grant Program.
Facebook decided to help small businesses around the world in over 30 countries by investing $100 million among 30,000 eligible businesses.
At this stage there are limited details, and no applications are currently open, but Facebook’s grant program is expected to help in this way:
- Keeping the business’s personnel going secure.
- Compensation with rent payment.
- Associating businesses with more clients.
- Covering working expenditure.
In the next week, Applications will be launched. If you are interested to get notified as soon as possible when applications are open then you can signup here.
Resources for Small Businesses
Facebook introduces a business support hub in direct response to the interruption effect by COVID-19.
There are immediate actions available in the business resource center which Facebook to take, a 30-page business resilience toolkit, and a concise rapid action guide.
At the same time, there’s a guide available to take advantage of Facebook’s products – Like how to sell your products on Facebook and Instagram? and introduce an online conference through Messenger and WhatsApp.
Facebook also launches some free courses for businesses to ensure they’re earning the most from its collection of products.
Ultimately, Facebook recommends continuing to create your brand by posting frequently and inspiring customer interaction.
Hope for more resources like these on the horizon, as Facebook COO Sheryl Sandberg says the corporate has teams dedicated to finding more ways to assist people.
We want to do more. Teams across our company are working every day to help businesses. We’re looking at additional ways to host virtual trainings – and will have more to share in the coming weeks…Facebook
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