Small Business Grants & Advertising Credits
- pacesbdc
- Aug 31, 2020
- 1 min read
See below for small business grant opportunities we have posted to the Pace SBDC COVID-19 resources page.
The Facebook Small Business Grants Program for Black-Owned Businesses offers grants comprised of $2,500 in cash and $1,500 in optional advertising credits to use on the Facebook platform. Eligible businesses must be a majority Black-owned for-profit business, have less than 50 employees, been in business for over a year, and experienced challenges from COVID-19.
The deadline for this grant is August 31st at 9PM EST.
The East Harlem Small Business Grant program offers grants of up to $20,000 to small businesses from zip codes 10029, 10035 or 10037 (Manhattan Community Board 11) that demonstrate losses due to COVID-19. Eligible businesses must employ 20 or fewer employees, have annual revenue of less than $1 million, and been operating prior to 3/1/20; and include storefronts, home-based, and/or online businesses. Funds are for rent, utilities, payroll, insurance, and other operational expenses.
The Small Business Rent Relief Grant program provides $2,000 grants to 20 qualifying small businesses from zip codes 10025, 10027, 10030, 10031 within West Harlem's Manhattan Community District 9. Eligible businesses must have 10 or fewer employees, have overdue commercial rent, been in business for over a year, and experienced hardship from COVID-19.
The deadline to apply is September 12th.
Contact a Pace SBDC Business Advisor to learn more about these resources, and the range of public and private sector grants, loans and advertising credits available for small business recovery.
