Facebook has announced a grant program for small businesses impacted by the Covid-19 pandemic. The $100 million fund is comprised of cash grants and ad credits. It is estimated that up to 30,000 businesses could benefit.
Small businesses all the over the world have either closed for public safety or suffered revenue losses due to lockdowns. Facebook’s grant program aims to help these businesses cover operational costs such as staff wages and rent.
The grant will be available for businesses in over 30 countries where Facebook operates.
