Is your business suffering from the Pandemic? Are you in need of help and don’t know how to go about it? Worry less, because in this article I will be dropping tips on how to apply for Facebook Corona Grant. Let’s begin with how it all started.
The main instance of the novel corona-virus first showed up in Wuhan, China toward the finish of the year 2019, when a group of patients with pneumonia of obscure reason was connected to a nearby Huanan South China Seafood Market in Wuhan, Hubei Province, China.
While China put forth a valiant effort to contain the spread of Covid-19 with uncommon lock downs, the infection figured out how to wriggle its way to the whole world.
Implications of the Outbreak
The World Health Organization has proclaimed it a pandemic on the 11th March, 2020, which implies that the infection has gotten a worldwide plague and is spreading quickly.
The outbreak corona-virus did bring the world to a stand-still with enforced lock downs of business, schools, religious gatherings, and social gatherings, which lead to the drastic fall of the economy in many countries in the world.
Due to the economic meltdown, many businesses especially small and medium enterprises are experiencing disruptions resulting from the global outbreak of COVID-19.
So Facebook is offering USD 100M in cash grants and ad credits, interesting right? It will go a long way in helping little businesses survive this challenging time.
Facebook $100 Million Corona Grant
Yes! The social network platform has made an announcement on March 17, 2020, that it will be giving out grants to about 30,000 businesses in 30 countries around the world. This announcement was made by Facebook’s chief operating officer, Sheryl Sandberg.
Sheryl said that, “Small businesses are the heartbeat of our communities, and many of the people who run these businesses are heavily affected by the crisis – especially as more and more people sensibly stay home”.
“The longer the crisis goes on, the greater the risk to small businesses and to the livelihoods of their owners and employees”. She continued.
“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.
That’s why today I’m announcing that Facebook is investing $100 million to help 30,000 small businesses in over 30 countries where our employees live and work.” Sheryl wrote.
The grants will be paid out in cash and advertising credits to businesses that need assistance covering operational costs and in paying rent or their workers.
How this grant will help?
- Keep your workforce going strong
- Help with rent and operational costs
- Connect with more customers
- Support your community
Who can access this Facebook grant?
You have to eligible to be able to apply for the Facebook Corona Grant. This grant is created to help small businesses affected by the COVID-19 outbreaks.
If you own a restaurant, coffee shop, gyms, fitness studios, photo studio, computer business centers, shoe-making store, fashion store, among others, you are eligible to access the grant.
The $100 million grant that will be given out by Facebook. About 30,000 eligible small businesses in more than 30 countries will be able to receive a grant from Facebook. For eligibility to apply, your business must:
- Be a for-profit company
- You mush have between 2 and 50 employees
- Have been in business for over a year
- You should have experienced challenges due to COVID-19
- Be in or near a location where Facebook operates
However, to check if your area is eligible, see how to apply below.
How to apply for the Facebook Grant?
Now that you are well informed of what the grant will do and how to access it, here is how to apply for the grant.
- First, you will have to create a Facebook account, simply go to www.facebook.com to create an account. If you already have an account, log in by entering your email or phone number and password.
- Visit the Facebook business website and input your business details. This will be straightforward for those who have the Facebook business page, if you do not have; all you have to do is to simply create a Facebook business page using your business info.
- Next, go to the Ureeka website.
- Click “register” in the top right corner of the site.
- Register with Facebook, Twitter, or Google. Or you can just fill out the form and then click register.
- Fill out the eligibility profile and save your profile.
- Click ‘apply’.
Additional Facebook Resources to Help Your Business during Covid-19.
Gift Cards: During the pandemic, Facebook introduced a place for people to find digital gift cards for their favorite local restaurants and businesses. This option will give customers a way to support you from home. Brands and businesses interested in promoting their digital gift cards on Facebook can learn how to sign up with one of our partners. Instagram is also working on offering gift cards.
Fundraising Capabilities: Loyal customers can support business owners financially during this critical time through fundraising on Facebook. To access this option, the business owner will have to create a personal fundraiser on Facebook for their business.
Temporary Service Changes: Facebook, in response to the Covid-19 outbreak, will assist businesses to respond to their customers. Facebook now allows businesses registered on Facebook to announce temporary service changes on their Facebook Page.
Here you have it, the requirements and how to apply for the Facebook Corona grant. so, if you think you are eligible for the grant… why not give it a try.