Facebook Canada Launches Grant Program and New Supports for Small Businesses
To help support small businesses, Facebook Canada launched a program with nearly $3.5 million dedicated to supporting small businesses.
Facebook Canada today unveiled several new initiatives to support small businesses impacted by COVID-19. The announcement includes nearly $3.5 million in grants, virtual training programs, and product features across Facebook’s family of apps to promote local businesses.
“We know small businesses are being hit hard right now, and we want to help,” said Garrick Tiplady, Managing Director of Facebook and Instagram Canada. “We’re listening to the challenges Canadian small business owners face and want to do all we can to provide useful resources – including much needed financial support – for them during this challenging time.”
Providing direct relief for Canadian small businesses
In March, Facebook announced $100 million in grants for up to 30,000 small businesses in over 30 countries to support those hard-hit by the economic slowdown that the coronavirus pandemic is causing. Now in Canada, between May 26 and June 2, small business owners can apply for grants of more than $5,000 in cash and ad credits.
Nearly $3.5 million in grants are available for approximately 650 small businesses in cities where Facebook has offices: Toronto, Ottawa-Gatineau, Montreal and Vancouver. Businesses do not need to have a Facebook presence in order to apply.
For more information on eligibility criteria and how to apply for funding, please visit: facebook.com/grantsforbusiness
In support of those that do not meet the eligibility for the grants, small business owners can join the Boost with Facebook Canada group, where they can access peer and expert advice, and visit Facebook’s Business Resource Hub, which contains advice and information to help businesses during the crisis, as well as virtual trainings and resources.