Small businesses are the foundation of our communities and our economy. While employing nearly half the American workforce, they keep our neighborhoods running and make them feel like home. The COVID-19 pandemic has left many businesses facing uncertainty, but there are resources to help.

While many Federal Government programs exist to help small businesses, they are experiencing significant demand. The Payroll Protection Plan has reached its capacity, and the U.S. Congress is seeking solutions to refund the program. The Small Business Administration’s disaster loan program, which offered up to $10,000 grants to companies awaiting a decision on their loans, has scaled that back to $1,000 per employee up to a maximum of $10,000. Currently, no new applications are being accepted until funding is increased.

While Federal aid is on hold for many, there are other options for small businesses. Facebook and the U.S. Chamber Foundation are stepping up to provide funding.

U.S. Chamber Foundation – That’s why the Save Small Business Fund, a grant-making initiative funded by contributions from corporate and philanthropic partners, is providing $5,000 in short-term relief to employers across the United States. These one-time supplemental cash grants are for businesses that have between three and 20 employees and operate in an economically vulnerable community.

The grant application will go live on Monday, April 20 at 12:00 PM PT/3:00 PM ET. To learn more about the Save Small Business Fund and to apply for a grant, visit savesmallbusiness.com.

Facebook – Facebook is making grants to small businesses in areas in which they operate. Good news! Tarrant County is included. CLICK HERE for more information.