Facebook is offering $100M US in cash grants and ad credits to business that may be experiencing disruptions from the global outbreak of COVID -19
They have announced that they are going to select 30,000 eligible small businesses from over 30 countries where facebook operates. They have not announced how the system is going to work yet. They have given the following examples of how the program will be able to help:
- Keep you workforce going strong
- Help with your rent costs
- Connect with more customers
- Cover operational costs
Facebook will begin taking applicants in the next few weeks and if you go to Facebook.com/business/boost/grants you can sign up for updates