COVID-19 Crisis: U.S. Chamber Foundation Announces $5k Grants for SMBs

RSPA Legal Counsel Bob Goldberg asked us to share this opportunity and related links with RSPA members:

For businesses with 3-20 employees (W-2s), the U.S. Chamber of Commerce Foundation is sponsoring the Save Small Business Fund to assist with short-term relief. The fund will provide $5,000 grants to small employers in the United States and its territories. Grants must be applied toward business expenses. Applications open weekly and remain available until the fund is exhausted. Applicants are encouraged to check daily for the application, because once the week’s funds are exhausted, the application closes until the next round of funds becomes available. Grants will be awarded weekly until all funds are disbursed.

To qualify for the Save Small Business Fund, the applicant must:

  • employ between 3 and 20 people
  • be located in an economically vulnerable community (determined by zip code) and
  • have been harmed financially by the COVID-19 pandemic

Economically vulnerable communities have been defined by zip code, based on the Distressed Communities Index. To see if the applicant is located in an eligible area, enter the applicant’s zip code into the qualifier check on the Fund’s website.

The application may be found at www.SaveSmallBusiness.com. The application is expected to be brief, taking about 10 minutes to complete, and will require the applicant’s W-9 (Request for Taxpayer Identification Number and Certification).

Goldberg has helped create several resources for RSPA VAR and ISV members including:

For additional VAR/ISV insights and best practices related to the coronavirus pandemic, visit the RSPA COVID-19 Resource Center here.