PayPal has created a $10 million fund to provide grants up to $10,000 to more than 1,000 Black-owned small businesses across the United States.
This grant can be used to assist in the recovery or stabilization of a small business that has been negatively impacted by COVID-19, the current recession, or recent unrest.
Due to overwhelming response to the PayPal Empowerment Grants for Black Businesses Program, the Association for Enterprise Opportunity will pause accepting new applications on Saturday, June 13, 2020 at 3 p.m. EDT. Please complete your application by 3 p.m. EDT on Saturday, June 13, 2020. You do not need a PayPal business account to apply.
Please visit aeoworks.org/paypalgrant for more information.