Thanks to a $2.5 million investment from Verizon and a $1 million grant from Sam’s Club, LISC will provide the emergency assistance that small businesses desperately need to stay afloat.
Additionally, Verizon recently launched #PayItForwardLIVE, a weekly live stream from big names to pay it forward for small businesses. Viewers can tune in every Tuesday and Thursday at 8PM ET/ 5PM PT on @Verizon’s Twitter, Yahoo, Twitch, and Fios Channel 501. As people support their favorite small businesses with #PayItForwardLIVE, Verizon will commit an additional $10 per use of the hashtag, up to $2.5 million, for a total of up to $5 million in support.
Thank you for your interest. The application period for Round 3 is now open.
When is the application deadline?
Applications must be submitted by Wednesday, May 20th at 11:59 p.m. ET.
Who is eligible?
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.
What it can be used for?
- Paying rent and utilities
- Meeting payroll
- Paying outstanding debt to vendors
- Other immediate operational costs
Verizon and LISC Come Together to Support Small Businesses with COVID-19 Recovery Fund
Press Release announcing partnership and concert series.