The U.S. Chamber of Commerce Foundation has launched a fund in partnership with Vistaprint and a coalition of supporting companies, foundations and philanthropic donors to assist small businesses impacted by the COVID-19 coronavirus pandemic.
The Save Small Business Fund will provide one-time $5,000 supplemental cash grants to address immediate needs of small businesses including closures and layoffs, while supporting long-term recovery efforts. The fund is part of the Chamber’s larger Save Small Business Initiative – a nationwide program that includes a call to action for the government and larger business community to help small businesses during this crisis.
Who Is Eligible?
According to the Chamber, the grants are for businesses with 3-20 employees (not including independent contractors) that operate in economically vulnerable communities, as determined by the zip code where they are registered by the IRS as doing business.
How Do I Apply?
Applications for the grants open on Monday, April 20 at 3 p.m. on the Save Small Business Fund website. The application requires your business’s W-9 form and basic supporting information.
When Will Grants Be Awarded?
The grants will be awarded weekly until all funds have been exhausted. It will take 3-5 days to process payment once the grantee has been notified and submitted payment information.
For more details and to sign up for an email reminder when the grant application goes live, click here.
If you have questions or would like to discuss further, please reach out to Anne Corrigan at atc@kjk.com or 216.736.7227.