I'm a freelance writer and editor based in New Jersey. BASKING RIDGE, N.J. – Verizon today announced an additional $2.5 million donation to small business support through the Local Initiatives Support Corporation (LISC), bringing the total funding of LISC’s Verizon Small Business Recovery Fund up to a potential $7.5 million. Verizon encourages our employees’ passion to serve others. Hello Alice, with support from Verizon, Silicon Valley Bank, eBay and others, is offering $10,000 grants to …

The company stepped up with a $7.5 million investment in LISC to launch the Verizon Small Business Recovery Fund, which provides grants of up to $10,000 to small businesses, particularly in historically underserved communities hit hard by the pandemic. A partner of the American Express ‘Stand for Small’ program, a coalition of more than 40 companies that have come together to provide meaningful support to small businesses.

In addition to funding, Verizon is bringing its products, tools and expertise to help small businesses optimize their digital presence and work through business challenges during this crisis. A second round of grants, totaling up to $2.5 million, will be distributed by LISC with funds contributed by Verizon through its ongoing #PayitForwardLIVE weekly streaming series. The fund will use the Distressed Communities Index to identify small businesses based in zip codes that are most vulnerable.

Verizon donated $2.5 million to offer grants to small businesses during this time of financial need. Early in the crisis, Verizon understood that small businesses would need help filling urgent financial gaps until normal operations can resume or until other more permanent financing becomes available. Small businesses across the country are confronting extreme economic challenges due to the Covid-19 pandemic.

These grants will support small businesses as they work to replenish supplies, pay salaries, pivot to adapt to these challenging times and more. By clicking Subscribe you are opting in to receive emails from Local Initiatives Support Corporation, in total development, leveraged nationwide in 2019, Small businesses get COVID-19 relief in private grants, as Verizon boosts support to $7.5M, “Light at the End of the Tunnel”: LISC & Verizon Announce First Recipients of Small Business Grants, © 2020 Local Initiatives Support Corporation, “Back to What I Love”: A Partnership with Sam's Club Aims to Keep Doors Open, Verizon Announces 2nd Round of Small Biz Grant Recipients Funded Through LISC, Another $2.5 Million Deployed to Buoy Small Businesses in Our Communities, Combatting a Water Crisis with Entrepreneurship, and Heart. Previous events have also included Billie Eilish and FINNEAS, Alicia Keys, Luke Bryan, Ryan Tedder, Aisha Tyler, FaZe Clan’s Nate Hill, Cizzorz, Marshmello, Pokimane and more. Additional $2.5M grant will support LISC’s Verizon Small Business Recovery Fund with a third round of funding. While the first application period is now closed, another round will begin in mid-April.

To date, Verizon’s total COVID-19 crisis commitment now stands at over $54 million in contributions and donations to nonprofits around the globe.

The San Francisco Bay area will open on April 20 and other eligible U.S. cities will begin applications on April 22. Hello Alice COVID-19 Business for All Emergency Grant . The grant will address small businesses’ immediate needs like closures and job losses.

A free small business webinar series featuring experts offering useful advice for small business owners, including practical, actionable insights and tips. How is Verizon Business working with vendors and suppliers to ensure continued operations? “Small businesses are the economic backbone of our communities,” said Maurice A. Jones, LISC president and CEO. You can find more information on Verizon’s response to the COVID-19 pandemic here.

“We automatically think about the shops on Main Street, but we can’t forget about the daycare centers, bakeries, dentist offices—all of which might also have been impacted by COVID-19.”, Hello Alice COVID-19 Business for All Emergency Grant.

You can find more information on Verizon’s response to the COVID-19 pandemic here. Companies can qualify if they have between three to 20 employees, are located in an economically vulnerable community and have been impacted by the COVID-19 crisis. Verizon’s weekly streaming series #PayItForward LIVE tapped some major celebrity star power to bring more attention and resources to small business recovery. Eligible businesses must be woman-owned, located in Texas and must be suffering economic hardships from the coronavirus crisis.

Applications for the fund will open on April 20. The numbers are impressive, but the real impact comes from stories of small business owners who have been able to keep their businesses open thanks to the Verizon Small Business Recovery Fund.

Salesforce is providing $10,000 grants to small businesses impacted by COVID-19. The nine-week series featured top names in music including Dave Matthews, Usher, Chance the Rapper, Janelle Monáe, Billie Eilish, Alicia Keys and Ryan Tedder; world-class athletes like Tua Tagovailoa, Saquon Barkley, Rusty Wallace and Team Penske racecar drivers; plus champion gamers like Cizzorz, Nate Hill and Pokimane, with hilarious play-by-play by Joe Buck, Aisha Tyler, Oliver Hudson and Lilly Singh. Verizon is working with iHeartMedia, as part of a cross-carrier initiative, to donate tens of thousands of chargers to hospitals across the nation, Verizon donates $2.5 million to international COVID-19 relief efforts, Learn more about Verizon's response to COVID-19, Local Initiatives Support Corporation (LISC), American Express ‘Stand for Small’ program, Verizon and iHeart to donate thousands of chargers as part of cross-carrier COVID-19 relief effort, Verizon expands COVID-19 small business support up to $7.5M with new grant to LISC. I've also worked at The New York Times and New York Magazine. Some of those efforts include: A partnership with Hello Alice, a platform that supports under-represented small business owners, to offer resources and mentorship for small businesses. Verizon Media’s donation is part of Verizon’s broader initiatives across the company to support COVID-19 efforts. All Rights Reserved, This is a BETA experience. For more information, check this site. Previously, I was a staff reporter for SmartMoney, the Wall Street Journal Magazine, and a homepage editor for Xfinity. Thanks to Verizon, small businesses now have a lifeline. Learn more about whether your small business might qualify for some of these $5,000 to $10,000 grants and find out how you can apply today. Vistaprint donated $1 million to the fund. “Verizon recognizes how valuable small businesses are and that the economic stability of our communities is based on their success. Follow me on Twitter at @reneemorad. The donation will support the following national and international mental health organizations, who have seen a demand in services due to COVID-19. Read article. The company also retrofitted its machines that are normally used to make banners and signs to create 100,000 face shields for hospitals in underserved communities. Verizon employees are offering their expertise and mentorship support through virtual volunteer programs. The V… The company will provide grants to up to 30,000 eligible small businesses in more than 30 countries where the company operates (a list of locations can be found here). © 2020 Forbes Media LLC. 1 Goldman Sachs 10,000 Small Businesses.

Hello Alice, with support from Verizon, Silicon Valley Bank, eBay and others, is offering $10,000 grants to small businesses impacted by the coronavirus pandemic.

During the live events, viewers are encouraged to do what they can to support local businesses in their own communities by shopping online, buying a gift card to be used when businesses reopen or ordering a meal. Fortunately, a number of companies such as Vistaprint, Facebook, Verizon, Salesforce and others are offering additional grants that can help keep your small business afloat during the coronavirus crisis. Facebook is offering $100 million in cash grants and credits to small businesses in need.

The company has also set up a COVID-19 Business Resource Center, which offers additional financial resources. Opinions expressed by Forbes Contributors are their own. While some usage starts to creep back towards Pre-Covid levels, use of collaboration tools and streaming video continues to climb. Yahoo Small Business is offering a free one-year subscription to Business Maker which includes a website, domain and business email to help businesses get online, plus consultation time with a small business expert.

You may opt-out by. They include a young man who returned to his hometown of Flint to bring cutting-edge water generation technology to the communities that need it the most; a woman in New Haven who came home from a trip to Puerto Rico inspired to open a salsa dance studio; and a pair of brothers in Los Angeles who are dedicated to preserving their family’s two Honduran restaurants. 2 Includes small business customers with 50 lines or less.

Verizon and LISC also announced the first round of over 200 grant recipients from across the country that will each receive $10,000 to support their small businesses, helping them meet payroll, pay rent and address additional immediate operational needs. An investment of $2.5 million from Verizon is making it possible for LISC to begin offering critical relief and resiliency-building support to small businesses facing immediate financial threat because of the Covid-19 pandemic.

To date, Verizon’s total COVID-19 crisis commitment now stands at over $54 million in contributions and donations to nonprofits around the globe. Impact 50: Investors Seeking Profit — And Pushing For Change. But that’s not all.

They must have experienced challenges related to COVID-19 and be in or near a location where Facebook operates. The program will begin accepting applications in the New York City and Seattle areas on April 18.

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