Facebook Inc said Tuesday it plans to award $100 million in cash grants and ad c...
FILE PHOTO: A Facebook logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
WASHINGTON - Facebook Inc said Tuesday it plans to award $100 million in cash grants and ad credits for up to 30,000 small businesses in over 30 countries to address the economic impact of the coronavirus outbreak. The majority will be in cash grants and Facebook will disclose more details soon about how businesses will be able to apply for assistance.
Facebook Chief Operating Officer Sheryl Sandberg said in a post Tuesday that the economic disruption poses a severe risk to small businesses. “We’ve listened to small businesses to understand how we can best help them. We’ve heard loud and clear that financial support could enable them to keep the lights on and pay people who can’t come to work,” Sandberg said, adding that Facebook is also going to make it easier for small businesses to get training and support from its teams.
Facebook said companies will be able use cash to pay rent, cover operational costs or run advertising on Facebook.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Facebook Announces $100 Million Grant Program For Small Businesses Being Impacted By CoronavirusFacebook has announced a $100 million grant for small businesses being impacted by COVID-19
Leer más »
Amari Cooper Signs $100 Mil Deal W/ Cowboys, Turned Down More From 'Skins?!Could the wideout have gotten EVEN MORE from Dallas' rivals?!
Leer más »
5 Things You Need to Build a Home Gym for Less Than $100All the equipment you need stored right under your couch (or, at least most of it).
Leer más »
Elderly woman close to tears hands shopper $100 for groceries amid coronavirus pandemic'She cracked her window open a bit more, and explained to me nearly in tears that they are afraid to go in the store,' Rebecca Mehra wrote in a now-viral tweet.
Leer más »
Facebook Announces $100 Million Grant Program For Small Businesses Being Impacted By CoronavirusFacebook has announced a $100 million grant for small businesses being impacted by COVID-19
Leer más »
How To Support Small Businesses During COVID-19With governmental restrictions growing, more brands are being forced to close their storefronts, causing more people to lose jobs and money. And while the situation is taking a real toll on global businesses, these measures are absolutely necessary in order to halt the spread of COVID-19. But there are still things you can do to support local businesses, especially when we live in the age of shopping online.
Leer más »