eBay empowers U.S. small businesses with $500,000 in Up & Running Grants! Apply for funding to fuel your business growth in inventory, marketing, staffing, and more.
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| eBay announces its 5th annual Up & Running Grants program, awarding $10,000 grants to 50 U.S. sellers. Image: eBay |
San Jose, California, April 25, 2024:
eBay unveiled its 5th annual Up & Running Grants program, pledging $500,000 to empower U.S. small businesses on its platform. This initiative underscores eBay's commitment to fostering entrepreneurial success.
Grant Advantages
The grants equip small businesses with resources to fuel growth across various sectors:
Upgrading physical and digital storefronts; acquiring new equipment and inventory; hiring and training staff; marketing endeavors
The program boasts a remarkable success rate, with 90% of past recipients commending its effectiveness and expressing greater confidence in their businesses' futures. Notably, some recipients used the grants to enhance employee wages.
Dawn Block, eBay's U.S. General Manager, emphasizes the program's significance:
"Supporting our sellers and their business growth is a core priority for eBay. We're constantly seeking methods to empower them with the capital and resources required to flourish on our marketplace."
Collaboration with Hello Alice
Hello Alice, a platform dedicated to fostering business growth, partners with eBay to administer the program. They'll extend mentorship and resources to all applicants, regardless of receiving a grant.
"Grant programs provide critical assistance to small businesses struggling to secure capital," says Elizabeth Gore, Hello Alice's co-founder and President. "We're honored to partner with eBay on this program, promoting equitable access to funding for U.S. small businesses."
Applying for an Up & Running Grant
U.S. small business sellers on eBay can apply for a grant until June 7, 2024, at 6 PM ET. Applicants will detail their businesses and how the grant would accelerate their growth. eBay seeks diverse sellers who bring unique offerings and experiences to the platform while demonstrating a commitment to their communities and the eBay ecosystem.
Visit their websites for application details and eligibility requirements.
eBay, a global commerce leader, connects people and fosters communities to create economic opportunities. Their technology empowers millions of buyers and sellers worldwide. Hello Alice, a financial technology company, assists over 1.5 million U.S. small businesses. They champion equitable access to capital and support entrepreneurs with promising ideas.