eBay Develops Small Business Grants Program

As part of its ongoing efforts to help small businesses support their online operations, eBay has developed a program called Up & Running Grants.

The company is committing more than $500,000 in funding and educational resources for existing business sellers to secure viability beyond 2020. The program expands the company’s Up & Running initiative by offering 50 business sellers a $10,000 grant package.

In the Up & Running Grants program, 50 eBay small business sellers will each receive a grant package composed of $8,000 cash and $2,000 worth of eBay credits. Recipients also will enjoy premium access to Seller School and direct training as well as coaching from expert eBay sellers and growth advisors. The program will help ensure the small businesses have the funding, education and resources they need to maintain and grow their online operations.

eBay is partnering with business accelerator Hello Alice to launch the grants program application process and provide access to mentorship and resources for all sellers who apply, whether they receive a grant or not. Through Hello Alice, applicants can enroll in an online community of similar businesses for peer-to-peer networking and gain access to a COVID-19 Business Center. Small businesses can apply for the program through December 11 at ebay.helloalice.com.

“Small businesses are the backbone of eBay, as well as the engine of jobs, progress and prosperity for communities across the U.S. The launch of eBay’s Up & Running Grants program comes at a time when small businesses need investment and empowerment most,” said Jordan Sweetnam, general manager and svp/eBay North America. “In such a challenging year, it was important for this program to provide a financial bridge and long-term support so small businesses can keep their doors open today and lay the groundwork for future success.”