eBay will reward 50 small companies with a $10,000 grant by means of the program designed to assist small companies function on-line in partnership with enterprise accelerator Whats up Alice.
“Small companies are the spine of eBay, in addition to the engine of jobs, progress, and prosperity for communities throughout the U.S. The launch of eBay’s Up & Operating Grants program comes at a time when small companies want funding and empowerment most,” eBay North America GM and SVP Jordan Sweetnam mentioned in a press release.
He continued: “In such a difficult yr, it was essential for this program to supply a monetary bridge and long-term assist – so small companies can hold their doorways open right this moment and lay the groundwork for future success.”
The $10,000 grant will embody $8,000 money and $2,000 in eBay credit, in addition to premium entry to eBay’s Vendor Faculty and training from skilled sellers and eBay Development Advisors. Whats up Alice will even enroll candidates in a web-based neighborhood of comparable companies that provides networking alternatives.
“This has been a aggravating yr for a lot of small enterprise house owners, and there may be little or no capital accessible to assist house owners by means of challenges this winter,” Elizabeth Gore, co-founder and president of Whats up Alice, mentioned in a press release. “Subsequently this program’s funding and assets are a crucial a part of SMBs success in 2021 and past.”
Applications for grants opened on Monday and can stay open till Dec. 11, 2020.