Amazon Enterprise has launched its 2024 Small Enterprise Grants program, saying greater than $250,000 in grants to help small companies all through the US.
This initiative is a part of Amazon’s dedication to assist small enterprise homeowners throughout its annual Small Enterprise Month.
The grants program is designed to assist small companies develop and succeed. This yr, Amazon will award one grand prize, 4 finalist prizes, and ten semi-finalist prizes totaling greater than $250,000. Small companies that at the moment use Amazon Enterprise and make $1 million or much less in annual gross sales are eligible to use.
Apart from money, the winners will obtain a free one-year subscription to Enterprise Prime and a variety of merchandise from Amazon Units and Amazon Fundamentals. The deadline for functions is Could 24, 2024, and winners might be introduced on July 22, 2024. Purposes may be submitted at www.amazon.com/smallbusinessgrant.
Reflecting on the advantages of this system, the 2023 grand prize winner was GiftAMeal, an organization from St. Louis that donates a meal for each photograph taken of a meal at a associate restaurant. With the $25,000 grant they acquired final yr, they expanded their service to extra states, serving to extra folks in want.
Andrew Glantz, founder and CEO of GiftAMeal, shared, “The Amazon Enterprise grant allowed us to proceed to serve underrepresented communities and supply meals to individuals who want it probably the most.”
Shelley Salomon, Vice President of Amazon Enterprise Worldwide, highlighted the corporate’s concentrate on serving to small companies make a huge impact of their communities. “We’re very enthusiastic about driving schooling and getting funds to small companies who’re making a distinction regionally,” Salomon mentioned.
Along with monetary help, Amazon has launched the Small Enterprise Success Studio, a free on-line useful resource that gives instructional instruments for entrepreneurs. This platform goals to assist small enterprise homeowners be taught important expertise in finance, advertising and marketing, procurement, and operations, that are essential for his or her progress and sustainability.