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With the help of corporate and philanthropic funding, the U.S. Chamber of Commerce Foundation has launched a “Save Small Business” initiative. This grant program is intended to provide short-term relief of up to $5,000 to small employers who are struggling due to the COVID-19 shutdown.
According to the Foundation, eligible businesses must employ between 3 and 20 workers and have been harmed financially by COVID-19. They must also be located in an economically “vulnerable” community.
Starting Monday (April 20) at 3 p.m. EDT (when the online application goes live), interested companies may apply by completing a short (10-minute) application and supplying a W-9 form and other basic supporting information.
The Foundation then will award grants of up to $5,000 to successful applicants on a rolling, weekly basis until it exhausts its funds. Once the grantee has been notified and submitted payment information that meets compliance checks, it will take 3 to 5 days to process the payment, the Foundation says.
The U.S. Chamber of Commerce Foundation is a private sector 501(c)(3) charity affiliated under the U.S. Chamber of Commerce and is not a government agency.
For more information or to sign up for an email alerting you to when this program opens, visit savesmallbusiness.com.
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Read HereThis special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
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