Verizon Offering Grants To Small Businesses of Up To $10,000...Deadline April 4th

The Verizon Small Business Recovery Fund which is in partnership between Verizon and Local Initiatives Support Corporation (LISC). They are offering grants up to $10,000 to support small businesses. For full information regarding the grant, please visit: https://www.lisc.org/covid-19/verizon-small-business-recovery-fund/. Below is a snapshot of information regarding the grant. Eligibility: “LISC will use the Verizon funding to provide grants of up to $10,000 to businesses facing immediate financial pressure because of COVID-19—especially entrepreneurs of color, women-owned businesses and other enterprises in historically underserved communities who don’t have access to flexible, affordable capital” All businesses that meet the eligibility can apply. However, they are prioritizing the following businesses: *Businesses in LISC-supported census tracts* In Illinois, this is the areas of Chicago and Peoria. For more information, please reach out to LISC. *MBE/WBE/VBE certified businesses *Businesses in operation for at least one year SMALL businesses – especially those with 10 or fewer full time employees. *For those not in a current LISC-supported census tract, your businesses may still apply; there are a number of factors that LISC will weigh to determine where grants will go and location is just one. Funds Uses: The funds can be used for paying rent, utilities, meeting payroll, paying outstanding debt to vendors, and other immediate operational costs. Apply: Click HERE for the application. (it is only in English) Deadline: 10:59 p.m. central time on Saturday, April 4th Questions: Please be sure to reach out to verizongrantsinfo@lisc.org for questions and troubleshooting as this is a grant from them and not the State of Illinois.

    Like what you see? Donate now and help us provide fresh news and analysis for our readers   

© 2018 Quad County African American Chamber of Commerce 501(c)3