Vistaprint announced April 14 it has founded the Save Small Business Fund in conjunction with the U.S. Chamber of Commerce Foundation, donating $1 million to help alleviate the financial losses owners are facing as a result of COVID-19 and help secure additional partner investors.
“Funded by corporate and philanthropic partners, the Save Small Business Fund is a collective effort to provide $5,000 grants to as many small employers as we can. We hope these supplemental funds will help you get through the next days and weeks,” according to the website.
This comes at a time when eight in ten U.S. small businesses report being negatively impacted by COVID-19, according to Vistaprint research.
The Save Small Business Fund application period begins noon Monday. Eligible businesses must employ from 3 to 20 workers, be located in an economically vulnerable community and show that COVID- 19 caused fiscal harm.
The U.S. Chamber of Commerce Foundation allows those interested in applying for the grants to check their zip code to see if they’re in an eligible location. Click here to check yours.
A short application will go live today, April 20, 2020, at 12:00PM PT.
The application takes about 10 minutes, the foundation said. More details are available at www.savesmallbusiness.com for more information.
-Tony O. Lawson