Save Small Business Initiative Launched By U.S. Chamber
Apr 17 2020
Tennessee Chamber Critical Update: Save Small Business Initiative Launched By U.S. Chamber: Financial Assistance Offered and Targeted Resources to Save Small Business
The U.S. Chamber unveiled its Save Small Business Initiative to address the immediate needs of the small business community, mitigate closures and job losses, and mobilize support for long-term recovery in the wake of the economic destruction of the COVID-19 pandemic.
In addition to a call to action for the larger business community and government to help small businesses, the four-part campaign includes supplemental financial assistance, advocacy, resources, webinars and guides, and research.
The U.S. Chamber Foundation is supporting the supplemental financial assistance by launching their Save Small Business Fund. Funded by contributions from corporate and philanthropic partners, the U.S. Chamber Foundation will be providing $5,000 supplemental grants to small employers in economically vulnerable communities.
Applications for the Save Small Business Grant Fund will open this Monday, April 20, 2020, at 3:00 p.m. ET. There are several eligibility requirements which can be found here. We encourage you to share this information with your members so they can apply for a supplemental grant if they are eligible. Chambers of Commerce may also apply if they meet the eligibility requirements.
For more information on the Save Small Business Grant Fund including qualifications, the application process and FAQs, please click here.