Main Street America Announces Additional Funding Programs
Blog Post - March 27, 2020
Category: What's New
Funding Programs & Business Support
In addition to the Small Business Administration disaster relief lending program, there are additional funding programs and support programs available as listed below to help during the time of COVID-19. Also, don't forget that the Small Business Development Center has over 50 advisors standing by to help small businesses during this crisis. Contact them directly for one-on-one counseling and for assistance navigating the various loan and funding programs available. They are located right here in Carlsbad and have convenient hours available. You can register for services directly at https://sdsbdc.ecenterdirect.com/signup.
Facebook is offering $100M in cash grants and ad credits through their Small Business Grants Program. Learn more.
JPMorgan pledged $50 million global philanthropic commitment to support communities and people hit hardest by this public health crisis, including $2 million to existing nonprofit partners and $8 million to assist small businesses. Learn more.
Kabbage launched an online hub to help boost sales for U.S small businesses impacted by COVID-19, including a system through which businesses can sell gift cards to consumers for use at a later date. Learn more.
The James Beard Foundation is launching a fund that will be gathering support from corporate, foundation, and individual donors to provide micro-grants to independent food and beverage businesses in need. Learn more.
MainVest, a crowdfunding platform, announced its new Main Street Initiative: a $2,000, zero-interest, 120 day loan for restaurants or other brick and mortars affected by the shutdown. Learn more.
Opportunity Fund, which specializes in money lending to small businesses owned by women, immigrants and people of color, is collaborating with investors and nonprofits to put together a coronavirus relief fund that will provide grants and low-interest rate loans. Learn more.