eBay gives $ 500 billion in grants to small business owners



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Applications are open for eBay’s new “Up & Running” program, which will award $ 500,000 in grants to small business owners struggling with the pandemic.

eBay will reward 50 small businesses with a $ 10,000 grant under the program designed to help small businesses operate online in partnership with the Hello Alice Business Accelerator.

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“Small businesses are the backbone of eBay, as well as the engine of jobs, progress and prosperity for communities across the United States. Launch of eBay’s Up & Running Grants program is coming at a time when small businesses need investment and empowerment most, North America chief executive and senior vice president Jordan Sweetnam said in a statement.

EBay Up & Running Grant Program (Credit: eBay)

He continued, “In such a difficult year, it was important that this program provided a financial bridge and long-term support – so that small businesses could keep their doors open today and lay the groundwork for. future success. “

The $ 10,000 grant will include $ 8,000 in cash and $ 2,000 in eBay credits, as well as premium access to the eBay Sellers School and mentoring from experienced sellers and eBay Growth advisors. Hello Alice will also register applicants in an online community of similar businesses offering networking opportunities.

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“This has been a stressful year for many small business owners, and there is very little capital available to help owners overcome the challenges this winter,” said Elizabeth Gore, co-founder and president of Hello Alice, in a statement. . funding and resources are essential for the success of SMEs in 2021 and beyond. “

Grant applications were opened on Monday and will remain open until December 11, 2020.

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