Small businesses across the country are confronting extreme economic challenges as a result of the Covid-19 pandemic. Financial support at this critical time can make the difference between staying in business or closing permanently, leading to lost income, jobs and economic stability.
Thanks to a $7.5 million investment from Verizon, we are offering grants to help small businesses fill urgent financial gaps until they can resume normal operations or until other more permanent financing becomes available.
As part of this, Verizon is contributing funds through its ongoing #PayItForwardLIVE, weekly streaming series connecting big names to pay it forward for small businesses. Viewers can tune in every Tuesday and Thursday at 8PM ET/ 5PM PT on Twitter @Verizon’s Twitter, Yahoo, Verizon’s Facebook and YouTube pages, Fios channel 501 and 604, Yahoo Finance on Samsung TV Plus on channel 1017, The Roku Channel, AXS TV, FOX NOW or listen on iHeart and SiriusXM. As people support their favorite small businesses with #PayItForwardLIVE, Verizon will commit $10 per use of the hashtag, up to $2.5 million.
Verizon's total donation of $7.5 million will help make three rounds of grants possible to small businesses nationwide.
LISC will use the Verizon funding to provide grants of up to $10,000 to businesses facing immediate financial pressure because of Covid-19—especially entrepreneurs of color, women-owned businesses and other enterprises in historically underserved communities who don’t have access to flexible, affordable capital.
The application period for round 3 grants is now closed. Please register here for updates. Having trouble? Email email@example.com to sign up.
For questions, please review our grant information and FAQ.