MENLO PARK, California — Facebook, led by CEO Mark Zuckerberg, announced it will invest $100 million this year into the Black community. through its grant program, aimed at helping out Black-owned businesses during the COVID-19 pandemic.
In order to apply and receive a grant from Facebook, your business must meet the following criteria:
- Be a majority Black-owned for-profit business
- Be legally registered in a US State or the District of Columbia (US territories are excluded)
- Have between 1 and 50 employees
- Have been in business for over a year
- Have experienced challenges from COVID-19
- Plan to use the grant funds to support the business and community
Prior Facebook Small Business Grants Program applicants may re-apply, but prior grant recipients are ineligible. You do not have to use Facebook Inc. products to be eligible. The business owner must be at least 18 years old.
Here’s how to apply?
Applications for the Small Business Grants Program are now open for eligible businesses. Please review the Grant Program Terms and Conditions and apply by visiting the Submittable platform.