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Facebook offers $40 million to struggling Black-owned businesses -- here’s how to apply

10,000 businesses to receive grants to help with pandemic struggles

A business closed sign (Pexels)

DETROIT – Black-owned businesses have been hit hard by the coronavirus (COVID-19) pandemic, and now Facebook is offering a $40 million boost to those struggling businesses through a grant program.

Facebook announced 10,000 businesses will get grants that include $2,500 in cash and $1,500 in credit for ads on the social media website.

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The money comes from $100 million Facebook has set aside for a small business program.

Click here for more information on how to apply.


About the Author
Derick Hutchinson headshot

Derick is the Lead Digital Editor for ClickOnDetroit and has been with Local 4 News since April 2013. Derick specializes in breaking news, crime and local sports.

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