More and more companies are supporting small businesses with grants, tax deferments, ad credits, free legal service programs in and out of Harlem.
The Harlem Business Alliance (HBA) has put together a list of more grants and resources that are on the market for Small Businesses.
Here’s the list:
Company-based grants
- Shea Moisture is offering three separate programs totaling $1M to businesses supporting communities through COVID-19 and Black-owned businesses facing COVID-related hardship, as well as an E-Lab (with a potential funding opportunity) for women of color entrepreneurs. – https://www.sheamoisturefund.com/
- HelloAlice, in partnership with Verizon, is offering grants of up to $50K to as many as 100,000 small businesses. – https://businessforall.helloalice.com/
- FACEBOOK is offering $100M in cash grants and ad credits to help during this challenging time. https://www.facebook.com/business/boost/grants
- Verizon Small Business Recovery Fund – https://www.lisc.org/covid-19/verizon-small-business-recovery-fund/
- Google is offering $340 million in advertising grants for small and medium-sized businesses, a credit that will be added automatically to Google Ads accounts. – https://support.google.com/google-ads/answer/9803410?hl=en
- Deferral of Employer Payroll Taxes -The CARES Act provides that employers and self-employed individuals may defer payment of the employer share of payroll taxes owed on wages paid for the period ending December 31, 2020. For more details – https://www.irs.gov/newsroom/deferral-of-employment-tax-deposits-and-payments-through-december-31-2020
- GoFundMe has partnered with Intuit QuickBooks, Yelp, GoDaddy, and Bill.com to give small businesses a $500 grant if they raise at least $500 on GoFundMe. – https://www.gofundme.com/f/smallbusinessrelieffund
- If your business needs help with a commercial lease issue in New York City, you may be eligible for free legal services through NYC Department of Small Business Services’s Commercial Lease Assistance Program. – https://www1.nyc.gov/nycbusiness/article/commercial-lease-assistance-program
- The IRS has opened up a tool for checking the status of your Economic Impact Payment. – https://www.irs.gov/coronavirus/get-my-payment
Industry-Specific Grants:
- Yelp is offering advertising credits for small, independently owned restaurants and bars. – https://blog.yelp.com/2020/03/coronavirus-relief-for-restaurants-and-bars?utm_source=news_blog&utm_medium=yelp_blog
- The Council of Fashion Designers of America and Vogue are offering grants of up to $100,000 for fashion industry businesses that are at least two years old, employ no more than 30 people, and generate less than $10 million in revenue a year. Applications here are due May 2. – https://wwd.com/fashion-news/fashion-scoops/cfda-a-common-thread-grant-how-to-apply-1203558745/
- Beauty Changes Lives is offering $1,000 grants for licensed beauty professionals who are out of work due to the coronavirus. – https://beautychangeslives.org/beautyreliefgrants/
Identity-Based Grants:
- Spanx and The Spanx by Sara Blakely Foundation, administered by GlobalGiving, are providing 1,000 grants of $5,000 to women-owned small businesses affected by COVID-19 in monthly rounds. The application will open again on May 4. – https://www.spanx.com/the-red-backpack-fund
- Digitalundivided, a nonprofit that supports black and latinx women entrepreneurs, is providing quick grants of $100 to black women business owners. – https://www.digitalundivided.com/dooniefund
- Small Business Grants: 21 Best Places for Free Money in 2020 – https://www.nav.com/resource/small-business-grants/
If you would like more information regarding the Harlem Business Alliance please contact them at hbany.org
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