Save Small Business Fund launched by foundation
The U.S. Chamber of Commerce Foundation, with founding partner Vistaprint, recently launched the Save Small Business Fund, a grant program to provide assistance to small businesses owners impacted by the coronavirus pandemic. Funded by contributions from corporate and philanthropic partners, the foundation will distribute $5,000 grants to small employers in economically vulnerable communities in the United States and its territories.
“Small business owners are facing unprecedented challenges. The needs are urgent and every dollar counts,” Carolyn Cawley, president of the foundation, said. “While the demand is great, we’re proud to be able to contribute to the many efforts underway to help small employers get through the next days and weeks and on the road to recovery for their communities.”
The fund is part of the U.S. Chamber of Commerce’s Save Small Business Initiative – a nationwide program to address small businesses’ immediate needs, mitigate closures and job losses, and mobilize support for long-term recovery. The foundation is launching the fund with support from Vistaprint and additional donations from supporting partners Merck, S&P Global Foundation and Travelers.
Grant applications opened on April 20. To qualify, applicants must employ between three and 20 people, be located in an economically vulnerable community, and have been harmed financially by the COVID-19 pandemic. Grants will be awarded weekly on a rapid and rolling basis until all funds have been disbursed.
For more information or to apply for a grant, visit www.savesmallbusiness.com.