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Facebook Is Now Offering A Small Business Grant - In: Business

In : Business Comments : 0 Author : Molly Richardson Date : 20 Apr 2020
Facebook Advertising Huntsville Alabama

Running ads on Facebook is one of the best things you can do to grow your business.

Eighty percent of all Internet users are on Facebook (Source), which means the chance of your customers having an account on the platform is high. Facebook ads are one of the most targeted forms of advertising, allowing you to narrow in on your exact audience.

Running ads on Facebook is budget friendly and cost effective. In fact, it is the least expensive form of advertising right now. This allows you to reach a larger audience with more content quickly to build brand awareness, increase website traffic, and generate new leads. These can be directly correlated to increased revenue and sales, but it doesn’t stop there. Facebook ads encourage and drive repeat business.

Facebook ads are one of the best, cost-effective, and quickest ways to build engagement, cultivate leads, and foster business.

If you have been considering Facebook advertising, now is the time to invest in this invaluable marketing tool. Right now, Facebook has created a $100 million grant program to support small businesses during the economic crisis. The cash grants and ad credits being offered with this program can keep your workforce going strong, help cover rent and operational costs, and support you in connecting with more clients.

To qualify for the grant, you must:

  • Be a for-profit business
  • Have between 2 and 50 employees
  • Have been in business for over a year
  • Have experienced challenges due to COVID-19
  • Be in or near a location where Facebook operates

Applying for the Facebook Small Business Grant in Huntsville, Alabama

The application process for the grant is open now. Applications are opening by location:

  • April 18th: New York City and Seattle
  • April 20th: San Francisco Bay Area
  • April 22nd: All other US cities (including Huntsville, Alabama)

You will have 2 weeks to apply before the application deadline. The review process will take a few weeks, and you may be asked follow up questions.

Before starting your application, make sure you know and are ready to explain to Facebook how you will use your grant funds to make an impact on your business or in your community, e.g. to continue paying employees, etc.

When you begin the application process, you’ll need at least one of the following documents:

  • Federal Employer Identification Number (FEIN)
  • Partnership documents
  • Business license
  • Proof of incorporation
  • Official registration

View the Application Guide here, and don’t miss out on this opportunity.

Apply Now
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