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COVID small business resources from the commercial sector

March 25, 2020/by Team
restaurant owner working at a table

Table of Contents

  • Facebook
  • James Beard Foundation
  • Kiva
  • Mainvest
  • Restaurant Worker’s Community Foundation
  • Square
  • Yelp
  • GoFundMe

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Facebook

$100 million in cash grants and ad credits for small businesses. Go to the Small Business Grants Program page to sign up for notification when applications are open.

James Beard Foundation

Food and Beverage Industry Relief Fund is in the works. Sign up to receive grant criteria and application materials when they are ready.

Kiva

Zero-interest loans up to $15,000 with no payments for six months.

Mainvest

Zero-interest, 120-day, $2,000 loans for existing brick & mortar businesses negatively affected by the COVOID-19 outbreak.

Restaurant Worker’s Community Foundation

The Restaurant Workers COVID-19 Relief Fund will be allocated as grants for direct relief to restaurant workers, grants to nonprofit organizations serving restaurant workers, and no-interest loans for restaurants.

Square

All software subscription fees will be refunded for March for existing sellers who currently use Square Appointments, Retail, Restaurants, Loyalty, Team Management, Payroll, Marketing, and Square Online Store. Curbside pickup and delivery fees are waived for the next three months.

Yelp

$25 million in relief, primarily for independent local restaurant and nightlife businesses, in the form of waived advertising fees and free advertising, products, and services. Restaurants and nightlife businesses also receive free access to Yelp page upgrades and three months of free access to Yelp Reservations and Waitlist. For restaurant clients that offer delivery and/or takeout, Yelp will provide $100 in free search advertising.

GoFundMe

In partnership with Yelp, small businesses can take donations directly on their company’s Yelp page. Yelp and GoFundMe will also match the first $500 donated to any business.

 

As small business specialists, xendoo is well aware of the impacts COVID-19 is having — and will have — on the finances of owners and employees alike. We stand ready to help you through this difficult time. Experience the xendoo difference with a one-month free trial.

 

This post is intended to be used for informational purposes only and does not constitute as legal, business, or tax advice. Please consult your attorney, business advisor, or tax advisor with respect to matters referenced in our content. xendoo assumes no liability for any actions taken in reliance upon the information contained herein.

 

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