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Amazon’s Neighborhood Small Business Relief Fund
Summary: Amazon has established a Neighborhood Small Business Relief Fund, which will provide assistance for businesses with fewer than 50 employees or $7 million in annual revenue, as well as a physical presence near Amazon's buildings in South Lake Union or downtown Bellevue. Funds are expected to be disbursed in early April.
Eligibility: This fund is intended to help support neighborhood small businesses in Seattle (South Lake Union and Regrade neighborhoods) and Bellevue. Eligible small businesses will need to: 1) have fewer than 50 employees or less than $7 million in annual revenue; 2) be service or retail establishments open to the general public (dental establishments and corporate offices for instance, will not qualify). Since the aim of this fund is to help independent small businesses, retail locations owned by publicly-traded corporations will not qualify.
How to Apply: Verify your eligibility and begin the application process here.
Click here for more information.
Facebook Small Business Grants Program
Summary: Facebook has established a Small Business Grants Program to assist businesses in addressing the impacts of COVID-19. These grants will include both cash grants and ad credits.
Eligibility: To be announced.
How to Apply: Facebook will begin taking applications in the coming weeks. More information will be posted to the link below as it becomes available.
Click here for more information.
For more information on any of these resources, please contact one of the HCMP attorneys who contributed to this article:
Robert Van Cleve | robert.vancleve@hcmp.com | 206.470.7636
The information contained in this update is provided for informational purposes only. It is not business, legal, accounting, tax, financial, investment or other advice on any matter and may not be relied upon as such. Please contact your attorney to obtain advice regarding any particular legal matter.